Would love to see a trading update from Premier.... past two years they have always released at least 1 between results, and given the negative sentiment around discretionary retail - it would help steady up the market.
I hold on, and topped up in the 20 - 21$ range. Premier has a way of churning out increased profits - even when topline growth is modest. Long track record of this. Im still assuming that they can generate another $200M of EBIT for the second hard of FY22... = >$400M pa. $600M of cash + Property.... EV/EBIT of 6x - that's without factoring in the valuation of Breville and Myer stakes.
Last results annoucenment indiciate that they might be on the look out for another acquisition - and a great time to be on the lookout given wobbly sharemarket... don't know if that meant MYR or other fashion businesses, time will tell.
Would love to see a trading update from Premier.... past two...
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Last
$30.02 |
Change
0.310(1.04%) |
Mkt cap ! $4.792B | |||
| Open | High | Low | Value | Volume |
| $29.72 | $30.04 | $29.56 | $8.358M | 279.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12463 | $30.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.03 | 113 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PMV (ASX) Chart |