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$4.43 harvey norman holdings limited

16 PE is nothing, what planet are you on.

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reggierabbit

1,711 Posts.

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29/02/24

18:48

Post #: 72678960
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Originally posted by TONSTRIL: ↑

I find it all a bit weird, 16c EPS for the first half, I would expect the second half to be around the 14c mark as long as there are no major upsets so we are looking at 30c for the year.
I like HVN & think it is a well managed company but over 16 PE is just crazy town numbers in the current macro economic climate.
The first half result is exactly what I expected, what confounds me is my expectation was that the market would react and kick the price back down in the low to mid $3 range.
Oh well, there is accounting for taste & I for one am not going to pay 16 times earnings no matter how much I like the company - I will find another home for my funds.
Good luck to all holders and well done to those who (unlike myself) resisted the urge to take profits at $4

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16 PE is nothing, what planet are you on.

HVN Price at posting: $4.95 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.43		Change 0.040(0.91%)		Mkt cap ! $5.519B

Open	High	Low	Value	Volume
$4.40	$4.45	$4.36	$13.82M	3.132M

Buyers (Bids)

No.	Vol.	Price($)
1	2255	$4.43

Sellers (Offers)

Price($)	Vol.	No.
$4.44	2255	1

View Market Depth

No.	Vol.	Price($)
1	2069	4.410
4	18169	4.400
1	2069	4.390
1	2069	4.380
2	6073	4.370

Price($)	Vol.	No.
4.460	1062	2
4.470	7332	2
4.480	2032	1
4.490	2032	1
4.500	4069	2

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $4.43			Change 0.040 ( 1.19 %)
Open	High		Low	Volume
$4.39	$4.46		$4.36	749622
Last updated 15.59pm 03/05/2024 ?

HVN (ASX) Chart