ADH 3.92% $2.12 adairs limited

Ann: ADH Trading Update and FY20 Group Sales Guidance, page-23

  1. 3,575 Posts.
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    I agree, I wouldn't actually spin off Mocka. I was only suggesting that to separate each entity and apply valuation accordingly.

    As @hankreardon correctly pointed out, ADH online is also experiencing huge growth, and not just because of coronavirus. So it too, should enjoy a higher multiple, all else being equal.

    I'm not smart enough for any PE gig. After all, I did steal the investment idea from someone much smarter than me (seems to be a running theme in my portfolio).
 
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