HVN 1.98% $5.15 harvey norman holdings limited

harvey norman founder lifts share stake, page-2

  1. 10,373 Posts.
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    Personally Munch, I think the days when HVN could command a P.E. well above the market ave. are long gone. For that matter I think all stock's that could once get away about with 20+ pe's have come back to the field.

    The easy to obtain chunk of market share that was up for grabs is now gone, and the market is saying that future growth from existing stores will not come as easilly as in the past.

    Naturally, acquisitions will boost revenues, but analysts generally look more at L.F.L. store sales. The last 6 months LFL was up "only" 9%, which whilst respectable, is nothing fantastic.

    Afraid I reckon that HVN will now just reflect overall market performance, and it will take some pretty impressive numbers in the next half results before the stock will trade at past premium levels.

    Just my thoughts!
 
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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
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