GAP 3.57% 13.5¢ gale pacific limited

Agreed - I'm leaning towards no news likely being good...

  1. 55 Posts.
    lightbulb Created with Sketch. 9
    Agreed - I'm leaning towards no news likely being good news.
    Noting that the hardware retailers both in Aus and the US (I think they sell on Amazon over there too?) have been performing well in the Covid world, surely that bodes well for revenue. Bumper grain season should be bullish for GAP too.
    As usual with these guys, watch out for the margin and EPS - they've got a tendency to sell more stuff and not actually make money in the process.
    GLTAH
 
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