HVN 1.09% $4.64 harvey norman holdings limited

Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-78

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 198 Posts.
    lightbulb Created with Sketch. 14
    At $3.0 per share the dividend yield will be 14% including franking credits. That is just out of this world. Dividend will not be cut. Sales are growing, profit margins improving and so is cashflow.

    I'm long and have been watching you shorts come in, not worried at all. That share price can't break below $3.70 and wont ever hit $3.0. Shorting at these levels is dangerous. Why? As the percentage of gross shorts increases, the available shares to buy back decreases which means it takes long to buy back shares. So if a short squeeze were to occur, you can't just clear out on one day, it may take 5 days as limit stock is being sold.

    Good attempt at a scare tactic but at these levels it is offering good value and you're mad to short considering the half yearly and 10 month report. All but good news.
    Last edited by DeltaHedge: 27/06/17
 
watchlist Created with Sketch. Add HVN (ASX) to my watchlist
(20min delay)
Last
$4.64
Change
0.050(1.09%)
Mkt cap ! $6.080B
Open High Low Value Volume
$4.59 $4.66 $4.58 $5.056M 1.092M

Buyers (Bids)

No. Vol. Price($)
1 10000 $4.63
 

Sellers (Offers)

Price($) Vol. No.
$4.64 33521 4
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
HVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.