ADH 0.84% $2.36 adairs limited

Mocka, page-7

  1. 235 Posts.
    lightbulb Created with Sketch. 96
    Like to think so, but don't think so!

    I do recall through the SARS virus more people stayed at home and purchased homewares - have no evidence just recall comments from retailers at the time.

    Some stocks just get treated with a bigger stick than others - don't know why, particulalry these guys as every time I listen to their conference calls they are impressive.

    JBH has seen a re-rate from 11-12x PER to 20x currently - no earning upgrades, just re-rate. Suspect the same will happen here, maybe not 20x but 15x is fair - that said City Chic (CCX) is >30x.
 
watchlist Created with Sketch. Add ADH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.