"Brokers continually shit on REH but it just keeps raising the bar"
If the basis of that statement is the reported profits, then beware of statutory accounts; they always need to be sanitised to some degree.
Flatt-ish result is not becoming of a stock with an elevated (~40x) P/E multiple.
Specifically, flat sales performance in the US, REH's growth engine, isn't a good look.
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Ann: Half Yearly Report and Accounts, page-4
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Last
$27.29 |
Change
-0.110(0.40%) |
Mkt cap ! $17.59B | |||
| Open | High | Low | Value | Volume |
| $27.50 | $27.50 | $27.02 | $2.886M | 106.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 308 | $27.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.30 | 475 | 17 |
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| REH (ASX) Chart |