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4.79%

$36.34 lovisa holdings limited

Ann: FY22 Full Year Results Presentation, page-86

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avagadro

13,166 Posts.

1275

18/11/22

15:45

Post #: 64859995
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Originally posted by Swage_17 ↑

I don't think unemployed youth on dole is their main consumer. I think a far bigger risk is not taking off in China. If they can get China going like they have the US, the current price is bargain. Failure in some of the new markets they have entered is also a risk, although this risk reduces with every new market they successfully launch in. I'm seeing very little risk thus far... risk of youth running out of money to spend on Lovisa is also very low.

Lovisa introduced a price hike in the second half of this calendar year and that does not seem to have slowed down demand. The margins for H123 should be much better than H122 so I am expecting a cracker of a result in February.

They are at a run rate of 20% store growth for this financial year. That's the one thing I'm not sure they can keep up on unless they add China to their network.

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I hope it goes well for you man. I always remember your great enthusiasm for A2M, it had a stellar run for a few years there! TBH it's actually looking good for another run .... but that's not for this forum

LOV Price at posting: $23.89 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last $36.34		Change 1.660(4.79%)		Mkt cap ! $4.023B

Open	High	Low	Value	Volume
$34.66	$36.53	$34.66	$14.46M	402.4K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	$36.31

Sellers (Offers)

Price($)	Vol.	No.
$36.34	539	1

View Market Depth

No.	Vol.	Price($)
1	1000	36.310
1	1372	36.240
1	2614	36.200
1	436	36.160
1	1372	36.150

Price($)	Vol.	No.
36.340	539	1
36.420	3	1
36.430	1831	1
36.480	193	1
36.530	1000	1

Last trade - 16.10pm 07/10/2024 (20 minute delay)

LOV (ASX) Chart