AX1 3.43% $2.25 accent group limited

Ann: Trading Update, page-18

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  1. 630 Posts.
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    Like you I topped up today, just under the lowest price target of those 3 brokers updated views. AX1 is a cornerstone investment for me, with a healthy dividend and long term growth story. Excellent management have guided us through the trend to online sales with their "endless aisle" multi-channel model. Owning the wholesale rights to brands keeps them safe from competitor discounting. A very safe long term investment which will have plenty of upside once the retail category comes out of this tight phase. Buy when others are selling as the saying goes.
 
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