Australian Stock Report - Share Tips

Australian Stocks News: David Jones (DJS)

share-tips
Publish date: Thu, 24 Nov 2011, 03:31 PM
share-tips
0 1,810
Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.

David Jones (ASX:DJS) is Australia's second-largest department store retailer and fifth largest retailing company overall. The company operates a chain of over 35 retail stores and mainly sells upmarket brands of clothing, accessories and homewares. The stores also offer a wide product range of David Jones branded merchandise.

ASX 200 listed stock DJS today has reaffirmed its guidance for a substantial fall in first half year profit.

The company expects its net profit for the half year to December 31 to fall by 15-20% on last year's first half profit of $105.7 million

David Jones also reported first quarter 2012 sales of $414.3 million, which was down 11.2% compared to the previous corresponding quarter.

CEO Paul Zahra said that trading seems to have improved in October and November 2011, but continues to be negative on last year due to a tough operating environment.

For FREE Daily Trading Recommendations, Click NOW!

Australian Stocks News: David Jones (DJS) is a post from: Australian Stock Report Share Tips

Related posts:

  1. Australian Shares News: Queensland Rail (QRN)
  2. Australian Shares News: David Jones (DJS)
  3. Australian Shares News: Qantas Airways Limited (QAN)

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment