HVN 1.65% $4.17 harvey norman holdings limited

Ann: Sales for financial year ended 30 June 2011 , page-11

  1. 1,245 Posts.
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    re: Ann: Sales for financial year ended 30 Ju... It would be a brave man to short this. It trades for less then book ( assuming book is really the true value ). Consider the fact that there is more likely for interest rtes cuts then rises here. This will not only increase spending but also reduce the AUD. This would help reduce online spending. In addition HVN's property portfolio gives it better downside protection than JBH. The time to short this was when everyone was on the Buy side at > 4. Who knows where the price will be in the next few weeks, but at close to book, you would be reasonably safe to buy here, FOR THE LONG TERM . Then consider the 6.9 % fully ranked yield, which s quite safe when you consider the POR. Remember, Buffet's dictum, that you pay up in the market for a cheery consensus.
 
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Last
$4.17
Change
-0.070(1.65%)
Mkt cap ! $5.195B
Open High Low Value Volume
$4.28 $4.28 $4.17 $5.924M 1.412M

Buyers (Bids)

No. Vol. Price($)
10 19728 $4.16
 

Sellers (Offers)

Price($) Vol. No.
$4.17 37527 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
HVN (ASX) Chart
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