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0.00% 35.5¢ dshe holdings limited

A long road to recovery for Dick Smith

  1. Keen Watcher
    49 Posts.
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    14/12/15
    14:52
    Post #: 16609714
    http://www.businessspectator.com.au.../value-investor-long-road-recovery-dick-smith

    Electronics retailer Dick Smith Holdings is trading through a self-inflicted crisis after its latest profit downgrade on November 30. This announcement abandoned the earlier AGM guidance, which itself was lower than the fiscal 2016 forecast made in August. The latest announcement included a $60 million inventory writedown after disappointing October and November sales.
    DSH Price at posting: 35.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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