AX1 2.00% $1.96 accent group limited

Ann: FY20 Full Year Results Presentation, page-10

  1. 146 Posts.
    lightbulb Created with Sketch. 27
    You are getting carried away in your analysis.
    1.They didn't give any FY 21 guidance.
    2. They have done extremely well out of jobkeeper. They have been able to run a business with another entity paying the wages of the staff for them. That will be reduced going forward and they have said they won't apply for it beyond September as they won't qualify.
    I suspect retail to fall off a cliff in the next 6 months. Numerous people are earning higher disposable income on jobkeeper than what they were earning before which has helped retail.
    IMO it's likely to see $1.30 again on this stock in the next 6 months.
 
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