HVN
Harvey Norman Holdings Limited
Every pitch and position made on this ticker, across every competition and newsletter issue in the archive.
- Times pitched
- 3
- Long / short
- 0 / 3
- Avg. return
- -34.9%
- Verdicts
- Worked 3
pitch
Spring 2018
Arthur Brousseau, Neethling McGrath, Greg Doger de Speville
short
-30.8%
worked
Newsletter
The thesis is based on the belief that Harvey Norman is overstating earnings and accumulating bad debt, particularly as franchise revenues and cash receipts have diverged significantly. The upcoming A
pitch
Spring 2018
Ryan Darrohn, Brad Headley, John White
short
-37.0%
worked
Newsletter
Harvey Norman is a fragile business at the peak of an economic cycle, facing structural challenges from competition and a lack of transparency from management. The sustainability of franchisee revenue
pitch
Spring 2018
Arthur Brousseau ’19, Greg Doger de Speville ’19, and Neethling McGrath ’19
short
-37.0%
worked
Newsletter
The pitch suggests that Harvey Norman is facing challenges from changing consumer preferences and increased competition, which will adversely affect its sales and profitability.