Retail Stocks

[Dr_Who]

I thought it was appropriate to have a retail stock thread since the retail sector is at a all time low. Share price in most retail stocks are at an all time low and continue to trend lower.

When is it time to enter these very cheap retail assets?

The problem is that further future downgrades will continue to destroy the sp. It is looking very ugly out there.

I am keeping an eye on the retail sector. One of these days I will have to buy into it. But just not now.

Hallenstein Glasson signals net profit drop

LATEST: Shares in clothing retailer Hallenstein Glasson were down 7.1 percent in early trading today after the company advised it was expecting a 30 percent fall in annual net profit.

http://www.stuff.co.nz/4614061a13.html

[Billy Boy]

Talking with our local Sally Army guy.
Tells me , they are not getting the same quantity of cloths etc
being passed in.
I wonder how the "hock shops" are fearing ??
BB

[scamper]

Billy, please check your private messages -- top right, ta, scamper.

[Hoop]

.............When is it time to enter these very cheap retail assets?...........

http://www.stuff.co.nz/4614061a13.html


When all the closing down sales have stopped.

[Dr_Who]

I am keeping a close eye on the retail sector. In particular, these stocks interest me. Your views?

WHS
PPL
PPG
MHI

Hoop, you maybe right with the exception of BGR which is always on sale. Their customers only shop at BGR when there is a sale on. Those flat screen TVs are looking very cheap.

[POSSUM THE CAT]

All of the above retail stocks have gone for trendy crappy merchandise and once the customers decide they want value for money they are dead. Postie catered for conservitive people still have some the range they used to have but now so poorly made in China none of fits.

[Deev8]

I thought it was appropriate to have a retail stock threat since the retail sector is at a all time low. A freudian slip?

[Dr_Who]

A freudian slip?

OOops.. LOL

Thanks

[macduffy]

All of the above retail stocks have gone for trendy crappy merchandise and once the customers decide they want value for money they are dead. Postie catered for conservitive people still have some the range they used to have but now so poorly made in China none of fits.

A bit of a sweeping statement, Possum.
Jan C seems to still like the fit!

;)

[POSSUM THE CAT]

MacDuffy Jan has allready got the most useful bit of Postie and is she going to let them cancel her shares as part of the deal for Arbuckles. The last I saw was price still to be agreed for Arbuckles. And I will bet Jan does not shop at postie.

[tim23]

People are finally realising debt is debt; a few years ago their house was say worth $200k they had $150k on the mortgage, equity $50k, 2 years latter house worth $300k but bought the new Falcon, maxed up the cards to say $50k all on the mortgage, equity now $100k but debt now $200k and thats the crunch, equity up $50k but so is that debt - result poorer by $50k!

[warthog]

People are finally realising debt is debt; a few years ago their house was say worth $200k they had $150k on the mortgage, equity $50k, 2 years latter house worth $300k but bought the new Falcon, maxed up the cards to say $50k all on the mortgage, equity now $100k but debt now $200k and thats the crunch, equity up $50k but so is that debt - result poorer by $50k!

Hog version: debt costs, theoretical worth doesn't pay.

[Dr_Who]

Capital retailers' sale of woe

The store manager paces to and fro like a caged polar bear while her shop assistant stands by idly punching the buttons on her cellphone.

http://www.stuff.co.nz/4615873a13.html