Gaurav Sodhi from Intel ligent Investor sings Lovisa's praises...

Gaurav Sodhi from Intel ligent Investor sings Lovisa's praises on Aus.biz:

https://aus biz.com.au/media/lovisas-30-on-the-way-to-50-or-60?videoId=34817
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"Gaurav Sodhi from Intelligent Investor says Lovisa’s remarkably strong financial results proves his investment thesis. In his view, the market still needs to fully appreciate the successful retail rollout that Lovisa has continuously sustained. Gaurav sees the continued growth of Lovisa as the company manages to establish a global brand. He acknowledges the impressive increase in margins and strong cash flow, considering the net cash position even after the rollout of 70 new stores.

Gaurav points out the splendid economics of each Lovisa store, dubbing it the finest set of retail numbers he has ever seen. Gaurav is confident that once the market starts acknowledging the merit of Lovisa’s broadened retail presence, accurate valuations will follow. He challenges Ord Minnett’s view that shares are overvalued and that the market is overestimating the pace of store rollouts."