hvn hits 12 year low, page-2

Floating at $1.7X where its net total assets is $2.0X, PE 10+, Dividends 4+% franked.

Current ratio @ 1.6+ (If creditors come knocking, HVN can pay them off right now, no problems)

Debt at only 20%, comfortable interest cover yet people scream that HVN will come tumbling down.

A diversified retail business that is trading for less than its property portfolio. The fact that JBHiFi wants a slice of whitegoods means it has a certain level of confidence in the industry. An industry where HVN still dominates.

Out of favour, unpopular? Yes, but I scream UNDERVALUED!!!

I look at cold hard facts and numbers. You want irrationality and emotional sentiments? Get married.