HUM 2.27% 45.0¢ humm group limited

Ann: FXL - Full Year 2020 Trading Update, page-160

  1. 30 Posts.
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    I am happy with what I see as a solid result. There was always going to be sell off after the announcement by those that were expecting fuel injected profit/ growth for the period. I feel to maintain profit (ignoring the provision which may or may not be required) and increase market share in the unprecedented environment we have seen over the last 6 months is very much a positive. A few months ago this stock was trading at under 50c as people questioned whether it could even survive the COVID turmoil. I think it has now more than proved it can, and as we return to normality we will see the benefit from the transformation strategy and customer growth hopefully manifest into a positive move in the SP.
 
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