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Waiting for your numbers too, Sir,..

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WR888

1,698 Posts.

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28/01/17

06:17

Post #: 22183685
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Originally posted by stumpytrunks ↑

Wow, mate - talk about taking a snapshot of the situation without applying any perspective. I'll post a proper reply backed with some numbers early next week - but in the meantime the only issue with this company is the declining margins in retailing in Australia. They have countered this with the US expansion - which will start to show in the results for this half. I'm expecting earnings before expenses of circa 20 million for the full year from that enterprise. This will go a long way to offsetting Australian retail margin loss.

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Waiting for your numbers too, Sir,..

EPW Price at posting: $1.24 Sentiment: Hold Disclosure: Held
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