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https://www.asx.com.au/asxpdf/202003...3kmnwjlr54.pdf Down 44% in one day. Hope this type of announcement is not issued for any retail stocks in due course on the NZX but I think it could be a useful insight / lead indicator into what might be coming for the likes of BGR, KMD, HLG, and WHS 
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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 Originally Posted by Beagle
https://www.asx.com.au/asxpdf/202003...3kmnwjlr54.pdf Down 44% in one day. Hope this type of announcement is not issued for any retail stocks in due course on the NZX but I think it could be a useful insight / lead indicator into what might be coming for the likes of BGR, KMD, HLG, and WHS
I would argue all of those companies sell more essential things than Lovisa perhaps in this order of necessity: WHS, BGR, KMD, HLG.
Would have to disagree Percy, what Lovisa sells is a frivolous purchase bought mostly by young people whose jobs may no longer exist (cafe, bar, tourism, retail staff etc). Guess you could argue its a cheaper replacement for more expensive jewelry.
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Originally Posted by Jaa
I would argue all of those companies sell more essential things than Lovisa perhaps in this order of necessity: WHS, BGR, KMD, HLG.
Would have to disagree Percy, what Lovisa sells is a frivolous purchase bought mostly by young people whose jobs may no longer exist (cafe, bar, tourism, retail staff etc). Guess you could argue its a cheaper replacement for more expensive jewelry.
Yes and no...you know how the young ones have a need to look "all shiny".
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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I did say when this Coronavirus is over..........
Had to take my brother-in-law to Westpac, Eastgate this morning.
The car park was pretty full.
While he was there, I went into Countdown and brought a few items.
I then went into Warehouse Stationery and The Warehouse,and back through the food court.
All were doing good business.
Going to be the place for chemist items.Already a Unichem pharmacy,and a Countdown pharmancy, and now a very large discount chemist is getting set up ready to open shortly.
Last edited by percy; 19-03-2020 at 09:36 PM.
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I bought CKF today - down 50% but 75% takeaway sales and I'm sure a lot of the remainder will still buy to takeaway... much safer bet
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Up 124% since 24th March @ $3.21 but added more last Friday reducing margin to 60%
Today was another good day...........
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Originally Posted by percy
With thanks to Noodles and KW.
105,000,000 shares on issue ,giving a market cap of $403,200,000 at $3.84.
eps.22.07 cents....PE 17.4 ...Div Yield {australian] 3.13%
Lovisa produce and sell Fashion jewellery and accessories.
They have stores in Australia,NZ,UK,Singapore,Malaysia and South Africa,and have franchise stores in the Middle East.
The company utilizes daily inventory monitoring from its centrally located warehouses in Melbourne and Hong Kong.
They trade from "smallish" stores in very high foot traffic Malls.The pay back from opening a new store is usually under 18 months.
Logistics are made easy by jewellery being small.Airfreighting product around the world is cheap,and fast compared to TVs,clothing etc. This aids stock turns.The products appeal to women of all ages.
I keep an eye on Westfield Riccarton store.Allways busy.
Today they announced an earnings upgrade.
Above posted 01-05-2017 for those unable to find the thread.
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On the move yet again.Up 72 cents today to $19.68.
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From Livewire's Jun Bel Llu.:.
I would call it a big year next year, it's because it's got a new CEO. And also, its earnings are going through a transition - a transition as in this business was impacted significantly by COVID-19. All the shops were shut, even though you can buy trinkets online, but Lovisa's is very much tailored towards events. There were no weddings, no events, pretty much.
In 2022, when the world reopens, this company will have very, very strong earnings. In the first quarter of the year, they have already said that the first 20 weeks of the year, it will be doing over 25%, like for like. And over 40% total sales growth. That's just an incredible amount of growth. With the new CEO, he's brought with him very significant experience across Emerging Asia, China and India.
So, we think there'll be a lot of focus on those markets and that will continue to grow. The company has such a unique business model and it creates such excitement within its store. It really brings customers to itself. If it can replicate that around the world, their addressable market's enormous. So, Lovisa is the one that I think will do great in 2022.
Last edited by percy; 17-12-2021 at 10:09 AM.
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