Harvey Norman (HVN) - When Harvey meets Hockey - Quant Sell ($2.75)
Harvey Norman (HVN) - When Harvey meets Hockey - Quant Sell ($2.75). We rate Harvey Norman as Quant Sell with Quant Target Price (QTP) of $2.75. HVN is currently trading at post GFC high multiples due to housing recovery. Recent recovery has already priced in growth improvement that has not been sustainable over the past decade. Given the performance of big retailers, new entrants and online, we do not see the HVN offering standing up to the challenge with falling currency, budget cuts and rising unemployment. (VIEW LINK)
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Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
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Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...
Expertise
Over 30 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...
Expertise
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