Listened to the broadcast - liked what I heard. Management are across this and sensibly have Plan A, B and C. Talking to landlords and they are somewhat receptive. The dividend cancellation was to be expected in the circumstances. Hey this isn't too bad. $48m headroom with cash and unused debt. Hedged totally on FY20 and 1/3rd hedged for FY21 @ 70c. Sensibly pruning expenses with lende CAPEX largely on hold. Profitable for the first 11 weeks of 2H - a horror remainder of 2h, for sure...but online sales are doing well. Mocka has turned out to be a great purchase. The key with ADH is to look forward to FY22 when the new distribution centre will be throwing a full year of efficiencies and savings. 24c of eps isn't too silly a suggestion and an 18c ff fdivy.i
ADH Price at posting:
71.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)