Remember HVN is not JBH, it is not the cost price leader, nor is it focused on predominantly electrical and computer.
To what extent:
a) reductions in international logistics get passed through on price discounting (which can result in a reduction in the $margin, even if not the %)
b) increase in wages relative to GP (get ready for wage increase in July, how much of this can be passed through??)
c) What is the implicit cap rate on HVN property portfolio. I am hearing 4.3% based on GS research, but I can't attest to this. If 4.3%, thats a low cap rate, and risk of property devaluation, hitting P&L. Property upward valuations have been positive to P&L (and hence EPS) for the last several years.
Yes we all like HVN, but be careful, I think times are going to get tough.!!!
buying opportunity coming, page-280
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Last
$4.58 |
Change
0.100(2.23%) |
Mkt cap ! $5.706B | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.58 | $4.48 | $20.57M | 4.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20405 | $4.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 23365 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| HVN (ASX) Chart |