So year on year 10% growth which explains the 7.5% SP jump today (so far). I arrived at this by the actual sales number of 10,724 which excluded the 2,300 sold post recall. On the presumption our customers continue to use COH and no long term harm to our reputation then the next half will be pretty decent.
Sure they actually operated at a loss due to the recall however that looks to be just about behind us.
Dividend up 14% to $1.20 @605 franking is a surprise on the upside and the pessimist in me asks at what cost to holders but if it retains and inspires new investors then job done.
Great effort to take this recall in their stride and move on professionally and i for one will remain as a holder (jumped in at the lows so am forgiving the recall which longer holders may not be so forgiving about understandably).
GLTA
COH Price at posting:
$62.55 Sentiment: Hold Disclosure: Held
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