SNL 0.31% $22.40 supply network limited

Ann: Full year guidance update June 2022, page-2

  1. 10,485 Posts.
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    Just great that guidance remains excellent, especially given one might have expected many companies would be running out of some ranged items and hence be unable to fulfil orders.

    Not these blokes!

    SNL saw the disruption in early 2020 and like REH immediately planned for an essential rise in inventory.

    SH are now reaping the rewards.

    No one really knows when 'normality' will return but it says '12 to 24 months': not exactly tomorrow, but SNL would have a better idea than most of us.

    Terrific that margins are being maintained. Pricing power! 12 per cent growth forecast is also A1.

    I never find it easy to obtain small numbers of SNL shares (given the often wide gap between 'bid' and 'asking' prices) but did so recently at about $8.80 and don't regret it for one moment.
    Last edited by Hopeful9: 27/05/22
 
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