It will be interesting to see what their final profit will be at time of results.
The 12-18 month lag for COGs will be interesting they would get a benefit of margin growth if they increased price before increase costs hit. In rising precious metals market.
But in a downward metal markets it would be a lot worst due to prices dropping.
I guess it will depend how quickly MHJ turns over their stock.
I am not an expert in analysing inventory stock turnover. But I would expect it is a lot slower in the mid and upper values. Whereas it's a lot higher in low end.
So maybe this is the issue they have with Breville's it's a high volume low margin business which getting crushed by COGs.
It will be interesting to see what their final profit will be at...
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Last
53.5¢ |
Change
0.010(1.90%) |
Mkt cap ! $205.7M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 58.0¢ | 52.5¢ | $92.77K | 172.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 12000 | 1 |
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| Last trade - 15.56pm 18/07/2024 (20 minute delay) ? |
| MHJ (ASX) Chart |