HVN 1.98% $5.15 harvey norman holdings limited

So what you are saying here, if a company makes a profit, and...

  1. 529 Posts.
    lightbulb Created with Sketch. 145
    So what you are saying here, if a company makes a profit, and then uses this profit to buy real estate to grow the business, there is no benefit for the shareholders because this has a negative impact on cash flow. Sorry buts that's a load of rubbish. If a company uses profit/cash flow to invest in more assets which in turn will increase future profitability, then this should be a good thing (unless they overpay for the real estate/assets).
    All it is doing is changing the asset mix in the balance sheet.
    Last edited by Big Short: 08/10/17
 
watchlist Created with Sketch. Add HVN (ASX) to my watchlist
(20min delay)
Last
$5.15
Change
0.100(1.98%)
Mkt cap ! $6.416B
Open High Low Value Volume
$5.07 $5.15 $5.04 $25.83M 5.033M

Buyers (Bids)

No. Vol. Price($)
2 413 $5.12
 

Sellers (Offers)

Price($) Vol. No.
$5.15 227766 23
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$5.15
  Change
0.100 ( 2.17 %)
Open High Low Volume
$5.06 $5.15 $5.04 807445
Last updated 16.10pm 28/03/2024 ?
HVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.