Like
Michael McCarthy likes Harvey Norman (HVN). He says this long established and successful retailer has just lifted off 4 year share price lows. “If it simply maintains current dividend levels, it will pay better than 11% (including franking) The consumer sector may be due a rally, and given HVN is trading on around 11.5x forward earnings could be described as a value proposition,” he states.
Source: Google
Dislike
Michael is still not a fan of AMP. “After trading to within 4 cents of its all-time low, many are asking if AMP is a value buy. The uncertainty surroundings earnings, its current trend, and potential sweeping change coming from the Royal Commission inquiry mean that AMP could turn out to be a value trap,” he maintains.
Source: Google
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