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0.83% $7.31 duluxgroup limited

@Just_a_guy , I’m walking my hound so I don’t have my financial...

  1. madamswer
    7,936 Posts.
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    15/11/17
    09:05
    Post #: 28798367

    @Just_a_guy ,

    I’m walking my hound so I don’t have my financial model for DLX at hand.

    I’ll revert once I’ve reconciled the financial statements, but I am certain the reason for the cash flow variance is a working capital issue, because I know that I did provide for working capital investment related to the priming of the supply chain in the UK, both for Selleys into new Bunnings stores as well as for the DLX-owned paint outlets which they acquired last year.
    DLX Price at posting: $7.54 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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