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  1. #2491
    Legend Balance's Avatar
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    Quote Originally Posted by bottomfeeder View Post
    Newsflash "Amazon makes takeover bid for the Warehouse to secure warehousing and infrasructure base in New Zealand, and proposes expansion into Australia to merge with their existing operations"

    COULD BE TRUE?
    http://www.smh.com.au/business/prope...20-gvoka6.html

  2. #2492
    ShareTrader Legend bull....'s Avatar
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    WAREHOUSE categories will be destroyed, they will be left with big half empty stores there is no way they will be able to compete against amazon - they do not have the buying power of amazon.

    AMAZON HAVE STATED THEY WILL DESTROY YOU and anyone else that gets in the road.
    one step ahead of the herd

  3. #2493
    Membaa
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    Warehouse imo is a poor illustration of a potential buyout for Amazon as the Warehouse do not own their properties, which they have sold off over past years to bolster earnings in order pay shareholder dividends, in lieu of real earnings for many years. The owners of the properties, that the Warehouse now lease, are a better prospect for the likes of Amazon who require large footprint distribution centres. But I don't think any of the Warehouse leases would come close to the 'really large footprint' distribution centres that Amazon would be looking at.

  4. #2494
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    Quote Originally Posted by bull.... View Post
    WAREHOUSE categories will be destroyed, they will be left with big half empty stores there is no way they will be able to compete against amazon - they do not have the buying power of amazon.

    AMAZON HAVE STATED THEY WILL DESTROY YOU and anyone else that gets in the road.
    Australia's population 25m. NZ population about 5m. Why would Amazon bother with NZ when the shipping of most items could easily be done from Australia?

    westerly

  5. #2495
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    I was just last night thinking the NZ market is too small to set up in and they would just send from Australia. Cost of shipping may take the edge off the keen prices though.

  6. #2496
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    Quote Originally Posted by Meextr View Post
    I was just last night thinking the NZ market is too small to set up in and they would just send from Australia. Cost of shipping may take the edge off the keen prices though.
    One can buy stuff via EBay from Hong Kong and China now and have them shipped to NZ for less than NZ$5 a parcel!

    Example - Lego set which costs $65 at Warehouse and Farmers can be bought online for $35 plus $5 PP. Simply a matter of setting up an account.

    Requires a bit of forward planning as shipment can take up to 3 weeks to arrive so will not suit impulse purchases.
    Last edited by Balance; 25-04-2017 at 12:45 PM.

  7. #2497
    percy
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    Quote Originally Posted by Meextr View Post
    I was just last night thinking the NZ market is too small to set up in and they would just send from Australia. Cost of shipping may take the edge off the keen prices though.
    The biggest book wholesaler in NZ is Penguin/Random,whom I deal with.
    All books are airfreighted from Australia.
    Delivery is very fast,usually under a week.

  8. #2498
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by westerly View Post
    Australia's population 25m. NZ population about 5m. Why would Amazon bother with NZ when the shipping of most items could easily be done from Australia?

    westerly
    They dont need to come to NZ everyone will go to them in Australia cause it be cheaper even with shipping cost
    included.

    Retailers Are Going Bankrupt at a Record Pace

    https://www.bloomberg.com/news/artic...-a-record-pace
    one step ahead of the herd

  9. #2499
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    Quote Originally Posted by bull.... View Post
    They dont need to come to NZ everyone will go to them in Australia cause it be cheaper even with shipping cost
    included.

    Retailers Are Going Bankrupt at a Record Pace

    https://www.bloomberg.com/news/artic...-a-record-pace
    WHS will not go broke imo but underlying profits will decline year on year for at least the next decade.

    No compelling reason to invest in the stock.

  10. #2500
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    Quote Originally Posted by Balance View Post
    WHS will not go broke imo but underlying profits will decline year on year for at least the next decade.

    No compelling reason to invest in the stock.
    WHS020 bonds currently 4.0%

    Punters see no default risk at this yield - safe as houses

    WHS not going broke
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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