Clas Ohlson
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Hi!
What do you think about Clas Ohlson as a bet over the report 9th sep? 14th of Aug they reported an increase of sales in July with 11% (the June sales increased by 6%). Since 14th of Aug the stock have decreased with 6,5% from 161 to 151.What is your thought?
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Report tomorrow. Any thoughts?
- Swedbank - Sell - Due to strong dollar
- Handelsbanken Capital Markets - Buy - Thinks the currency issue will be small and short-term. The instead focus on increased prices which will be good for the result further on.
- Myself I think we will see increased sale in June and July and expected sales figures in August. This will then give us a good total sale with maintained margin. The currecy issue wasnt as bad as expected in Q4 and I think Clas Ohlson have a good hedge for that also in Q1.
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