From ADH's annoucement:
- Sales actually look pretty alright IMO. $242m sales vs $240.5m consensus forecast. We all know that sales will recycle last year's massive number, so no surprise here.
- COVID related & store closures cost ADH $30m - $36m in sales and $14m - $18m in EBIT.
- EBIT looks low, margin impacted. We know the impact to EBIT was $14m - $18m. So if we normalise it, margin seems in line with last year.
- Online sales is now 43% of the group sales.
- ADH shares have actually held on pretty ok in recent market turbulence. Being a cheap & high yield stock, I think it will probably outperform the market. I don't think the market sell off has finished yet unfortunately, so big PE names will be under the guillotine first.
Seethroughs from DSK's annoucement since they are both run by Catalyst:
- DSK sales improved post lockdown (due to Xmas gifting season) but in store sales were actually down, I reckon it is due to Omicron, which deter people from going to shopping centres => ADH probably faces the same issue.
- DSK's inventories look alright. Sales/inventories = 4 times. ADH also said their inventories level is ok => I found some comfort here.
- Forums
- ASX - By Stock
- ADH
- Ann: ADH Trading Update
Ann: ADH Trading Update, page-5
-
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADH (ASX) to my watchlist
|
|||||
Last
$2.24 |
Change
0.040(1.82%) |
Mkt cap ! $392.1M |
Open | High | Low | Value | Volume |
$2.20 | $2.26 | $2.16 | $617.1K | 276.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6821 | $2.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.25 | 6604 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 7927 | 2.240 |
13 | 11245 | 2.230 |
16 | 24938 | 2.220 |
15 | 48574 | 2.210 |
15 | 21106 | 2.200 |
Price($) | Vol. | No. |
---|---|---|
2.250 | 5241 | 8 |
2.260 | 16845 | 13 |
2.270 | 28761 | 14 |
2.280 | 69031 | 13 |
2.290 | 4831 | 4 |
Last trade - 11.30am 19/08/2024 (20 minute delay) ? |
Featured News
ADH (ASX) Chart |