At what level does Harvey Norman become a buy?

Michael Gable
Michael Gable Fairmont Equities

Retail stock prices have made some large moves during the last few months. We traded the recent bounce in JB Hi-Fi but have since moved on. Harvey Norman (HVN) is the other large retailer that attracts plenty of interest amongst investors. At the end of August, HVN announced their full... Show More

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Harvey Norman Full Year Result: HVN lifts profits but disappoints with cut to dividend

CommSec Online Stockbroker

 Specialty retailer, Harvey Norman (HVN) posted a record and above consensus 28% lift in annual profit to $449m. The result was driven by demand for furniture thanks to record low interest rates, a strong Australian property market, and favourable property revaluations. and was boosted by the collapse of Dick... Show More

Amazon Not Introducing Internet to Australia

Adrian Lemme
Adrian Lemme Merlon Capital Partners

Every day it seems the media is reporting how Amazon will destroy Australian retailers. We are under no illusion that Amazon will take market share and reduce the profitability of Australian retailers. It would be foolish to think otherwise given that Amazon grew its North American sales by 25% to... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170704

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market ran on positive China and US data before short covering pushed it to the best one day performance since Nov 2016 before RBA watered it down. Banks were up on global bank sentiment while Resources were up on China and Oil data. Retail data helped to push short... Show More

Harvey Norman is a very interesting proposition

Nikko Asset Management Australia

While the market is concerned with the housing cycle and the prospective entry of Amazon, we think that both of these concerns are overblown. In addition, Harvey Norman (HVN) also suffered from allegations of inappropriate accounting practices implying that reported earnings were questionable and became a target for shorting by... Show More

Hidden value in quality retail stocks

Livewire Exclusive

Value is hard to find in the market today, so in the third and final part of our recent brief, we asked our panel of experts to share an investment that offers an attractive risk-reward proposition. Interestingly both equity calls are in the bruised-and-beaten retail sector. Our asset class call... Show More

3 stocks in the firing line

James Gerrish
James Gerrish Market Matters / Shaw and Partners

As we consider different areas to allocate funds into the current market weakness potential tax loss selling should definitely be considered as June slowly evolves. The ASX200 is up almost 6% for the calendar year hence there will not be the number of candidates which would typically be available in... Show More

What would a housing crash do to stocks?

Buy Hold Sell
Buy Hold Sell Livewire

The local property market has become Australia's favourite topic of debate. It seems everyone has a view and just last week UBS released a research note calling the top for Australian property. So for equity market investors is this something to be concerned about or is it just making headlines? Show More

CEO INSIGHTS – Week Ending 28 April 2017 by NAOS Asset Management

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC

“They have had a free ride in this country now for such a long time, because they pay no GST and all the local ­retailers have — now they come here and will try to send all the local retailers broke’’ Gerry Harvey, Founder, Harvey Norman Show More

Amazon arrives in Australia

Alex Pollak
Alex Pollak Loftus Peak

Amazon in the past 24 hours has confirmed it will launch a full-scale retail offering in Australia – it is now calling for local retailers to join its global marketplace as part of the launch, having already briefed CB Richard Ellis for warehouse space earlier this year. Show More

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The coming confession for retail stocks

Livewire Exclusive

Australian retail stocks are yet to feel the full force of disruption from ecommerce, explains Nick Griffin, Head of Investments at Munro Partners. Retailers rely on store rollouts to grow their earnings with increased foot traffic, as online retailers such as Amazon continue to chip away from this traffic, the... Show More

Sunset Strip > Trading Day Wrap From Blue Ocean 20170320

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market closed lower as market worry on global trade kicked in after G20 did not back free trade. US Fed speeches later this week will be looked upon to set the tone for global markets…Yellen speaking as well. US leadership clears the way for trade tariffs at G20 while... Show More