Reminds me of JB Hi Fi. Analysts found 100 reasons why JB Hi Fi sales would fall (Amazon, consumer sentiment, obsolete DVD demand etc) but year after year JB proved them wrong and continued to deliver great returns. And because of these analyst reports it always traded at attractive valuations. Nowadays it has caught on to institutional buying so not very cheap.
I see lot of similarities between JBH and NCK.
Ann: Chairman's and MD Address and trading update to Shareholders, page-6
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Last
$16.10 |
Change
0.030(0.19%) |
Mkt cap ! $1.372B | |||
| Open | High | Low | Value | Volume |
| $16.16 | $16.16 | $15.92 | $1.837M | 114.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2577 | $15.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.10 | 1914 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| NCK (ASX) Chart |