NCK 0.23% $13.20 nick scali limited

The company is being very prudent in not providing guidance. The...

  1. 2,365 Posts.
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    The company is being very prudent in not providing guidance. The last few years has been one of the toughest macro economic conditions we have experienced.
    The two guidance that I was paying attention to was the increased in dividend which tells me management is confident with sales being sustainable. Lastly, internally management was predicting a bad January which didn't turn out that way.
    Analyst is predicting retail sector to be smashed with higher interest rates and possible recession. NCK is guilty by association i reckon.
    I'll be buying more under $10.
 
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