BBN 0.85% $1.78 baby bunting group limited

Ann: Trading update and COVID-19 response, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,666 Posts.
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    Based on this announcement, I have decided to jump back in and continue to accumulate as this Co looks very cheap at the moment. Happy to listen to others opinion but this is my take on it so far:

    ==> Performance to date has been in line with FY20 earnings guidance, which tells me that people still need to buy baby products no matter what.
    ==> 27m cash
    ==> CAPEX reduced by 7m
    ==> Very little impact on the supply chain.

    ==> Second half to 9 Feb:
    ** Comparable Store Sales Growth:
    * 2% year to date
    * 5.7% Growth for the first 6 weeks
    ** 22% Online Sale Growth in the first 6 weeks

    ==> Second half to 22 March:
    ** Comparable Store Sales Growth:
    * 2.5% year to date (up 0.5% since Feb)
    * 6.2% Growth to 22 March (up 0.5% since Feb)
    ** 28.6% Online Sale Growth to 22 March (Up 6.6% since Feb)
    ** Total Sale Growth 10% (Up 2% from previous half)
    Last edited by aceisme: 25/03/20
 
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