Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-62

I know anything can happen to a company SP but unless we have a market crash like the 1989, this stock wont get to $3 or low. It is not speculative company; it has market Cap over $4B with little or no Debt. They have been in business for sometime and as ASX listed company for many years. If you go back to ten years you never see them making a loss. With a Div @ $0.30 a share they are sitting at 8.5% yield plus 100% FK. Do you understand what this yield would go to if the SP falls to $3 or low. Plus, their PE ratio at the moment is at its lowest level compared to the last 10 years. Their average PE over the last 10 years is around 15, if you take last year earning @ 0.322 per share, the SP should be around $4.83 on a PE of 15.

From the charts point of view the current SP should be the bottom for this cycle and should start to go up from here and make a new high or at least retest the recent high before it comes back again to these levels and that is if and if the arrival of Amazon creates any competition with this company.