JBH has just produced great results as compared to FY13, it is very lowly geared, and has limited investments to make in FY15 (only planning on adding limited stores). Shouldn't it be throwing off cash?
Is using the cash thrown off from technology to invest is more solid / less risk homewares in the future.
The only downside statement was the reduction in tablet sales in Jul 14, however it stated that the profits were up in Jul 14. Why would people be concerned about a low margin apple product's sales dropping, particularly if the profits went up?
JBH are in technology, there will be new products I'm sure to replace the tablet sales.
If you reduce it debt by $90M and increase cash flows by $90M, the amount that it paid on the last day of the year (could be a new CEO ploy), then it should have a very good cash flow in FY15?
Why do you think, I bought shares as I saw it as a safe investment with upside, however it's dropped a bit, does anybody know why?
Thanks
JBH has just produced great results as compared to FY13, it is...
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