This is such an invalid point, maybe a slight chance 5% more hot waters units sold nationwide due to CV, but even that is a long bow to draw This has no impact to REH bottom line, Hot water, air cons, both major bastardised products have very light profit margin built into them. REH is going to rise and fall in profits with the whole housing industry. AUS maybe be ok with the gov subsides, I know in my town there is no land left because everyone has bought up try to get the 45K from state and federal to build before end of year. but longer then this year who knows how it will go as real estate is tied to population growth ie Immigration - Which right now we have none of.
Who knows whats happening in the US, this will have a massive effect to our bottom line this year, hopefully the Feds stimulus is based at housing and construction in the sunbelt - thats the only way I can see REH going ok through this..
The CR has stabilised the balance sheet so we can ride this out but I think might be a bit rough ahead..
Just my two cents
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This is such an invalid point, maybe a slight chance 5% more hot...
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Last
$27.53 |
Change
-0.180(0.65%) |
Mkt cap ! $17.78B |
Open | High | Low | Value | Volume |
$27.45 | $27.71 | $27.36 | $8.982M | 325.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5571 | $27.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.64 | 1480 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5571 | 27.530 |
1 | 1271 | 27.510 |
2 | 3314 | 27.500 |
1 | 728 | 27.480 |
1 | 1271 | 27.470 |
Price($) | Vol. | No. |
---|---|---|
27.640 | 1480 | 1 |
27.700 | 648 | 1 |
27.720 | 1271 | 1 |
27.760 | 6506 | 5 |
27.780 | 728 | 1 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$27.60 |
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Change
-0.180 ( 0.51 %) |
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Open | High | Low | Volume | ||
$27.49 | $27.70 | $27.38 | 50877 | ||
Last updated 15.59pm 26/04/2024 ? |
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REH (ASX) Chart |