AX1 0.81% $2.44 accent group limited

Ann: FY20 Full Year Results Presentation, page-70

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  1. 120 Posts.
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    Accent provided an update only couple of weeks ago, first 8 weeks up 1.3%, but if you excluded the Vic and NZ lockdown stores it was +16% (amazing). NZ has now reopened and Vic is another month away. So share price might kick after Victoria reopens.
    I like the cash sitting in the bank, ride out covid without being rescued and potentially pounce on opportunities that arise.
    4c is locked away, thanks AX1, money is way better sitting in good dividend companies than in the banks. Also food for thought, Victorians (Melb) can exercise 1-2hrs a day, what do you need for that....... shoes!!!!!
 
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