SHM 1.39% 73.0¢ shriro holdings limited

Is this the upturn or just a small correction?, page-33

  1. 932 Posts.
    lightbulb Created with Sketch. 7
    I think it's a good enough company but the BBQ range won't pass I believe. Everdure BBQ has a poor quality track record historically, and now the product is more complicated (how are you going make a complex product well if you can't make a basic one), and largely lidless BBQ range is an obvious design flaw (heaven help if its cold or windy).

    So the company needs to be priced more attractively, a back to basics valuation might be the fair case, and I'd suggest IPO price about right...
    Last edited by Austinhealeysprite: 10/05/17
 
watchlist Created with Sketch. Add SHM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.