Finance > Shares

FY 18-19 ARs

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galumay:
MYX

Another poor year with large impairments. A long play!

galumay:
SFC

SFC released their AR this week and while revenue was down a bit in the leather sector, cost reductions meant the drop in profit was smaller. The share price dropped back about 10% and I took the opportunity to build my position a bit more, I continue to see the leather business alone as justifying the current price with the significant property portfolio and the small concrete cladding business for nothing. Happy to accumulate the (rare) dips.

galumay:
SRV

Looks like a fairly poor result but impairments of nearly $20m distort the picture, profitable, no debt, a business I paid far too much for, but eventually may come good!

galumay:
SXE

Good result for SXE posted today, missed their revenue guidance slightly but all metrics up strongly, looks like the Heyday acquisition has bolted on well. Good execution from management. May look to accumulate

galumay:
TGR

TGR released AR today and also went into a TH pending a CR for expansion of the prawn farming part of the business. First glance the results look great with significant higher margin growth coming from the prawns. Happily retail investors get a chance at the CR, although given the company's performance in the past year, I suspect we will be heavily scaled back! Will participate

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