@daicosisgodI didn't get a chance to listen to the conference...

@daicosisgod
I didn't get a chance to listen to the conference call so will have to wait for the upload.
The results were outstanding (as expected) and the first 7 weeks of H2 were very strong (remember that was cycling a Covid unaffected period). The net cash of 20m after paying out a dividend + the inventory build is quite astonishing.
I think this is one that the market just can't understand- I don't think its apparent to people that aren't invested that Adairs is booming online and in store and that Mocka is also booming and wasn't a part of the group until 2019.
I am very happy to sit around and collect the quite substantial dividends on offer, and patiently wait.
FY21 is going to be an incredible result.
I don't think anyone can predict out as far as FY22 but it appears to me that the market is pricing in with 100% certainty that growth will dissipate and that to me, at least, this doesn't appear to be a likely scenario
(anyone else notice the jump to 900K linen lovers from 800K at the AGM...these are phenomenal numbers).