NTD 3.33% 43.5¢ ntaw holdings limited

Ann: FY21 Investor Presentation, page-12

  1. 1,780 Posts.
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    Well some people (including myself) were scared that when JK stimulus ended, sales would drop. Who knew that 2H would be the stronger half!

    It was also a bit scary when the AUD looked like it was falling below 70c. Luckily I talked myself out of trimming at that time!

    Overall it does look like a stellar result especially when the EBITDA # is artificially reduced as the company is going through an investment cycle.... happily HODL-ing.

    Thinking about the new NTD, which is a much bigger animal than the old NTD, I think the economies of scale and diversify of brands will likely make it a teeny bit more resistant to FX movements and the pricing power commanded by their overlords at Coopers/Goodyear.
 
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