Ah makes sense everyone :) personally it's my largest holding - but that is only about 15% of my portfolio. I'm a little more spread these days!
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Ah makes sense everyone :) personally it's my largest holding - but that is only about 15% of my portfolio. I'm a little more spread these days!
"The trend is your friend."
Great knowing someone is a little more spread these days.
I am too,thanks to Christmas tucka,,,,,,,,,,,,,,,,,,,,,,,however, my portfolio remains heavily overweighted in out performing shares.!
For W69.Today's best buy is Couplands 1kg Christmas Cakes.Reduced from $14.99 to $7.50. In fact all their Christmas produce is half price.
Surely Ray and his team didn’t make too many Christmas Cakes ....but then Ray doesn’t mind if supermarkets buy too many and have to hock them off at half price to clear the shelves.
Probably each cake only cost Ray a buck to make anyway ...good margins in cakes sometimes.
Does Ray still run the place or has he handed over to his sons? Great Canterbury business
No No No they are at Coupland stores.......
I think the sons are running it nowdays.
In 1986 or 1987 Sydenham Bakery burnt down.
Coupland's bakery was just around the corner.
Coupland came round and said to Jon at Sydenham Bakery,"you can't loose your wholesale customers;use my bakery,we will do two shifts,your staff one shift,my staff the other."
Incredible generosity.
He a good guy that Ray and deserves more recognition than he gets.
It was interesting that about 10 years or so ago Coupland went ‘corporately’ and cut costs and the number of recipes and bought cheaper ingredients. I think two sons left the business because they said it had lost it family values. A few years of that experiment Couplands went back to the old recipes and the old ways of doing things and the sons came back .....Couplands based on good quality product at affordable prices.
Ray loves his racehorses. His colours are white with a red bakers hat on the back. Cool eh!
Hope you bought a few cakes ...should last a while.
Common baby...lets kick this up to $4 by 1.00 p.m. close of trade and make my end of year portfolio revaluation really awesome :t_up:
I'm searching for those two X's I kicked out a couple of weeks ago, they are now worth around 20k more each, I'm offering a reward if anybody can find them and return them to me.