ADH 2.91% $2.12 adairs limited

Disappointing but not unexpected results. Tough retail...

  1. 194 Posts.
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    Disappointing but not unexpected results. Tough retail environment at the moment. Acquisitions were not best timing and this is the outcome.
    Taking over NDC operations, why wasn't this already the case, instead of using DHL?

    I am down over 40% on this investment, with a top up at its lowest earlier this year. So holding long term. Dividend income as a retiree is main reason with ADH attractive div return, but having final dividend cut a disappointment albeit prudent for ADH management to do so.
    Price looking cheap for this stock. Personally not adding to this one anymore. It's a HODL.
 
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