Had a quick look at the result and note the following:
* Not much cash generated and hence the company has had to ratchet up the debt to pay dividends. Accounts payable has declined, so possibly just a one-off year of low operating cash flow.
* July sales have slipped and no mention that consumer confidence has yet picked up. Management maintain a forecast of sales growth for FY2015 to $3.6b.
* Management seem very confident about the progress of the HOME expansion, and the upside to earnings in coming years.
Directors own less than 200,000 shares which would concern me if I was a shareholder. Like the competitive position of the company, but a few concerns presently IMO.
Had a quick look at the result and note the following: * Not...
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Last
$89.72 |
Change
0.510(0.57%) |
Mkt cap ! $9.809B | |||
| Open | High | Low | Value | Volume |
| $89.15 | $90.89 | $89.15 | $24.80M | 275.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $89.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $89.85 | 8 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| JBH (ASX) Chart |