I agree we will probably see a small drop in same store sales with a small total revenue gain due to store openings.
Slightly positive impact from AUD going the other way for a while.
Big unknown is that possible white elephant in the new DC.
Large cash hit upfront with a long payback and coupled with execution risk.........
Underlying profit should be a small increase, not going to bother going as in depth as I usually do at this time because I have other holdings that are taking more of my attention.
Good execution of the DC changeover which wont affect trading results until full year results are released would lead to an absolute explosion of the shareprice IMO, they are the results I will be very eagerly awaiting!
Ps: we are cycling strong results from last year, bar is set high and probably wont be cleared but I don't think the market is expecting a good result trading all the way down here.
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Mkt cap ! $116.2M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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5 | 7395 | 3.120 |
3 | 6453 | 3.110 |
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2 | 1003 | 3.090 |
Price($) | Vol. | No. |
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3.180 | 14187 | 6 |
3.190 | 995 | 2 |
3.230 | 200 | 1 |
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