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Month: June 2020

Market Matters Weekend Report Sunday 1st December 2019

JB Hi-Fi (JBH) -4.24%: following Harvey Norman’s updated yesterday, competitor JB Hi FI updated the market after withdrawing guidance in late March. Now with a little more clarity, earnings locally were given a boost by the shutdowns with Australian JB Hi Fi stores seeing 2H sales growth of 20% on last year, and the Good […]

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Harvey Norman (HVN) +4.79%: shareholders rejoiced today after news they would be getting a 6c special dividend, to offset some of the pain felt when Harvey Norman pulled their scheduled 12c interim payment at the height of the pandemic. The retailer saw local sales boom with the rush for electronics helping local sales rise 17.5% […]

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Smart Group (SIQ) -5%: AGM today for the salary packaging and novated leasing business with the stock coming off the boil during the session. Understandably, the business took a hit with COVID, and the first half NPAT is expected to come in around $32m, 5% below last year. The first quarter was largely unscathed by […]

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