Premier Investments Limited (ASX: PMV) was listed on the ASX in December 1987 to be an investment vehicle to acquire or attain controlling stakes of ‘premier’ Australian companies with a particular focus on retailing, importing and distributing. It has leading retail brands like Smiggle, Peter Alexander, Just Jeans and Jay Jays. It also owns just over 20% of Breville Group Ltd (ASX: BRG) as well as close to 11% of Myer Holdings Ltd (ASX: MYR).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.75% at lunch.
Is the Premier Investments Limited (ASX:PMV) share price a bargain after reporting its half year result?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 1.09% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.53% at lunch.
The S&P/ASX 200 (INDEXASX:XJO) (^AJXO) was weighed down by Medibank Private Ltd (ASX:MPL) and Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) on Thursday afternoon.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.36% at lunch.
Premier Investments Limited (ASX:PMV) released its 2018 financial results to the market today revealing a 9.2% rise in underlying net profit.
In an ASX announcement Wednesday, retail company Myer Holdings Ltd (ASX: MYR) released its half-year financial report to the market.
The ASX’s ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index ended higher on Thursday, with the Wesfarmers Ltd (ASX:WES) and Telstra Corporation Ltd (ASX:TLS) ending firmly in the green.