A bit bizarre they didn’t buyback any today (at least on the NZX) - total volume was only 15k shares.
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A bit bizarre they didn’t buyback any today (at least on the NZX) - total volume was only 15k shares.
Nothing but a managed BB....
they will be waiting for the next blocks to be feed in...
it may turn out that the retail investor isnt invited to this party becuase it not your party... its their party....
and the retail investor will get thrown a bone later on....
Margain Call.... hands on the scale...
In this case its the reverse ...
Another 92k bought back today - on both markets but basically all on ASX …stopped price falling eh?
Yep constant restating, many different profit numbers etc along with the embellished reports all done to make things all bright and shining …..and often to hide the underbelly
Doing away with quarterly reporting is a red flag for me (at least we won’t have to put up with them proudly announcing another consecutive record quarter for comparable same store sales ….when sales actually went backwards)
I reckon their next trick to be obfuscate will be a change of balance date
Winner(), how could you suggest such things!!!!
:scared:
go on listen to them...
https://www.youtube.com/watch?v=NpYEJx7PkWE
I prefer to use the NPBT and NPAT numbers in the statutory accounts
I've reworked that segment EBIT analysis I did the other day to make it NPBT instead of EBIT
If they restate previous years numbers I restate mine as well. Does upset trends as the cause of the restating usually applies to prior years as well but never mind.
That's why I often resort to using Cash Flow to see what's going on over time....... like H222 Operating Cash Flow was negative if you back out the $14m they got for the Canada book debtors sale.
Hard to forecast F23 but I'll run with a NPAT of $45m to $50m at the moment -- but if you believe that rubbish about zillions of days of closed stores it could get to $65m
Winner() is there an option in the maths for reflecting the increase of online sales through those event variances for closed or Force majeure..
closed store days would need to be stated with an increase+- in online sales to get an idea of sales going forward with out majeure.
Only they would know -- looking at daily sales rates
Also how do you account for the pendant not bought yeaterday because store closed but bought today when store opened?
Interesting HLH sales are up heaps from pre-covid but store sales are basically flat -- does online pick up lost store sales?
Lost store days probably just missing the walk by sales. Which are likely the small items.
Most lost store days transferred online if i was to have a guess.
Ok another 100 on the fed funds rate coming....
its a sell or rather a trade as it will probably retest 100 at some point in the next few years...
since we are stuck in NZ might as well all go to the beach....
https://www.youtube.com/watch?v=402_IqgyaCo
Online sales were only 7% of MHJ revenue in the last year, and that is with stores being closed for the equivalent of one month.
“Likely the small items” Tell that to my wife! Ha ha. She has happily spent the equivalent of all my MHJ dividends this year on impulse buys at MHJ on mall outings.
I think for most people if you are spending upwards of $500 or $1000+ on a piece of jewelry, you want to see it in person, check it fits etc. I am also just guessing here, but I would say the situation is probably the opposite to what you guess, and in store ASP is likely much higher than online, especially when you account for the warranty upselling they attempt to do in store on every purchase.
Stats NZ Sep retail report just out: card spending up 33% year on year.
Amazing what a difference non-essential retail shops actually being open will do for year on year comparisons.
well another jewel from the LEK report....
actual first hand news from the shopping front...
wont get a retest of 100 then?
damn... love those deep retest for retail trading... some stocks are trades others are long holds... till they arnt...
anyway if its long hot summer then its surfing and buy some new wet suits and rip curl tops...