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!
- Forums
- ASX - By Stock
- HVN
- harvey norman founder lifts share stake
harvey norman founder lifts share stake, page-2
Featured News
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. |
---|---|---|
$5.15 | 227766 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 413 | 5.120 |
4 | 21027 | 5.110 |
7 | 30317 | 5.100 |
4 | 49339 | 5.090 |
3 | 20013 | 5.080 |
Price($) | Vol. | No. |
---|---|---|
5.150 | 167655 | 20 |
5.160 | 40665 | 5 |
5.170 | 44713 | 9 |
5.180 | 4624 | 3 |
5.190 | 23838 | 8 |
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 ? |
Featured News
HVN (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online