HVN 1.09% $4.64 harvey norman holdings limited

Gerry appearing tonight SKY and WIN, page-18

  1. 3,607 Posts.
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    kitty,

    lets hope so !

    I view this thing as a LPT, with a retail business added-on .......it also has a finance arm (similar to SIV / TGA) .......

    over the last 5-yrs - the stock has gorne "sideways" ........

    over 10 yrs - its 250 to 3.20 ......

    its basically a trading counter for int rates with a kicker from retail/finance .....

    the "best" thing that G could do would be too work out how to get capital out of the business to then drive the ROA / ROE ......

    will be interesting at the AGM .......I (personally) expect to see a downgrade .....but that is only imho

    rgds

    V_H

    ps - JB's is probably the most leveraged "play" to this housing cycle / retail ....
 
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$4.64
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