Harry Thanks for your detail note; I agree with you on a very decent set of results, but am scratching my head on the customer numbers.
If I go back to the presentations over the last 2 years: - 2018 Annual results (published May 2018) customer number reported is 7,276 - 2019 Interim results (published Nov 2018) customer number reported is 7,420 - 2019 Annual results (published May 2019) customer number reported is 7,649 - 2020 Interim results (published Nov 2019) customer number reported is 7,905 - 2020 Annual report (published May 2019) customer number reported is 8,180 (includes 1,442 mutual customer, excludes 2,716 CCB only customer making up a total of 10,896 customers) - 2021 Interim results (published Nov 2020) customer number reported is 8,489 (no change to total customers, but mutual customers at 1,829 & CCB only customers at 2,407 if I've done the calcs correct)
So I stand corrected on the customer numbers (sorry not sure how I got 500....prob looking at 12mths growth).....and yes this half they have grown customer numbers more than they have in the last 5 halves so quite impressive.
PPH Price at posting:
$7.76 Sentiment: Hold Disclosure: Held