We move from a Neutral to Negative recommendation.
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JB Hi-Fi (JBH) - AGM Trading Update
The stock looks fair value around the $14.
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GLOBAL ONLINE RETAILING: THE GENIE IS OUT OF THE BOTTLE
Growth in sophisticated online retail from traditional foreign bricks & mortar retailers and from new online only operators presents a major threat to Australian discretionary retailers.
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JB Hi-Fi (JBH) - Higher Working Capital = Higher Net Debt
The FY11 result at $134.
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JB Hi-Fi (JBH) - Taking The Toe Out Again
We have downgraded our FY12 earnings by 12%, building in lower sales and gross margin, and assumed the more competitive environment continues into FY13.