Following on the cyclical discussion, I saw this today:
Discretionary spending is 7% below normal levels. If you consider people still can't partake in many leisure activities, there would be little left over for a drop in consumer goods.
What happens when the stimulus cheques keep flowing, everything is open, and we still can't eat at a restaurant or travel overseas? Save or buy nicer things, as far as I can tell.
ADH should be a beneficiary on the cost (rental) and revenue side.
Ann: ADH Trading Update and Stores Re-opening, page-43
Add ADH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.88 |
Change
-0.015(0.79%) |
Mkt cap ! $328.4M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.90 | $1.87 | $354.4K | 188.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 33200 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 1550 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ADH (ASX) Chart |