At the half year report period I found this stock and am befuddled as to why it is so cheap? Is it solely the Amazon threat? Is it that a lot of consumers naturally just pick up their Gilette and cream at Coles/Woolies?
Their growing sales on a like for like and new product offering basis, paying a fantastic dividend, 10% net yield fully franked, trading at 5-6x PE and NPAT grew 16% last period. Opening new stores at a steady rate. Also have an online presence thats growing (10% of total sales at the half).
I feel like an online presence and also venturing into a subscription line will help fend of competitors in the online environment. Their shop fronts seem simple and neat with a growing product offering whether your just looking for a simple of shave or going for something a bit more sophisticated.
What am I missing? This seems to cheap. Where is the poop?
Strong buy for me at these levels.
What am I missing with SSG?
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Last
$1.17 |
Change
0.010(0.86%) |
Mkt cap ! $153.2M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.15 | $135.0K | 115.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4799 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 33399 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
0.010 ( 1.30 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.17 | $1.15 | 46237 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SSG (ASX) Chart |