HVN 0.00% $4.58 harvey norman holdings limited

re: downgrades everywhere., page-17

  1. 4,770 Posts.
    re: rampers: syringe is laughing his head off! The results are quite ordinary. They boast revenue not profits. They jack up the profit by upgrading property leased to their battling franchisees.
    Now JB Hifi is taking them on in tech as are a string of online and other suppliers.
    They pay a terrible dividend and there is no hope of much growth in Australia and a 100/1 chance of succeeding overseas. I hear terrible stories about their efforts in Ireland and Asia.
    Wait and see. this stock regularly drops 50/60 cents and is 60c over major valuations....that's without the coming recession!
 
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