What would be useful at this stage is an update on how the Dunlop arrangement is going and also how they are doing more generally given the negative sentiment being seen across the retail sector - Bapcor having an absolutely poor run (to a decent extent self inflicted) is not helping the sentiment in this sector
Dunlop will add 15-20% on top of their revenues (although that will have changed given they dropped low margin product), but still a decent uplift to the top line and what they will have to reassure the market with is that they are managing higher input costs along with the FX rate (because these are still going ot have a huge impact even if they move to higher margin sales).
Having said that, I don't believe mgmt have a strong history of updates, hence this will trade on sentiment until results drop (another reason keeping the market updated is critical is to reduce the negative surprise which is usually more brutal if that hasn't been flagged to the market in advance)
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