DSK 1.67% 59.0¢ dusk group limited

It's amazing how much the market is beholden to "analysts'...

  1. PMW
    217 Posts.
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    It's amazing how much the market is beholden to "analysts' expectations".

    Adairs, another in the home furnishing space, had a bit of a shocker today - reporting sales 10% down, gross profit 6% down, EBIT down 19.3%. It also still has $58 million in debt whilst Dusk is debt free. Its outlook wasn't great either.

    However presumably because expectations were already low with Adairs its share price has shot up 11%.
 
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