Raaz Bhuyan, WaveStone Capital
The fund manager likes HVN, JBH, NCK
Bhuyan: Discretionary retail earnings were up 18 per cent for 2015-16 and are expected to be up 9 per cent in 2016-17. So, discretionary retail stocks as a result have done well. There has been concern that wage growth has been weak and this would be impacting household disposable income but the wealth effect from increasing house prices has certainly meant that consumer spending has been strong so far. Housing-related retail has had a great period – the results of furniture maker Nick Scali, JB Hi-Fi and Harvey Norman were standouts.
Read more: http://www.copyright link/markets/f...ead-predictions-20160831-gr62b8#ixzz4J2GYUU1P
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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 |
