ADH 0.54% $1.87 adairs limited

Not fussed by the sell off after the results, most probably...

  1. 3,374 Posts.
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    Not fussed by the sell off after the results, most probably speculative money looking for more than solid result. At a 10 year bond rate of 2.10%, a lot of cheap money being parked.
    Sales up, gross profit up, ebit up and dividends up and guidance good nothing too much to worry about.
    To me the big story is management , clearly focused and know the space they live in, great success in adopting the business to new methods either traditional, larger stores or online 41% growth great!
 
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