I must fess up guys, I sold my overweight trading parcel - less...

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gold1650

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08/03/18

13:39

Post #: 31619353
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Originally posted by Didak ↑

Looks like my post was price sensitive info LOL.

Lets say each store capitalises $50 a day gross profit increase from this pricing change because purchase and operating costs are fixed now (very doable and conservative scenario I think)...so...
$50 x 350 stores x 120 days left till end of H2 = $2,000,000 gross profit increase so $1.4mil npat... add it to 17.5mil FY guidance thats $19mil npat FY. They also might be preparing cracking Easter offer. The FY numbers might really surprise us I feel.

I agree there is not much free float now and everyone wants that 24c divvy also people realising its real value and what might be coming. its still 6% yield at current price. Sector is 4% so it will hit sector average at $10 sp.

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I must fess up guys, I sold my overweight trading parcel - less than 20% of my overall holding yesterday, I picked them up at $6.10 before the results release. No other reason besides that I was substantially overweight and had a few other opportunities.
May regret it, but still holding a sizable quantity!

TRS Price at posting: $7.69 Sentiment: Hold Disclosure: Held
1 Upvote

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I must fess up guys, I sold my overweight trading parcel - less...

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