Today's Range: 3.00 - 3.03 52 week: 2.56 - 3.03
Printable View
Today's Range: 3.00 - 3.03 52 week: 2.56 - 3.03
Group sales for Q1 only up 3.9% - not much in these boom times
Red Sheds weak, just as well for Noel Leemings and T7
https://www.nzx.com/files/attachments/247879.pdf
The tone of Grayston's comments sort of suggest that the market is getting more and more competitive and all the new fan dangled strategies they are implementing will just keep them in the game - no more but possibly less
His actual words -
We are focused on improving the fundamentals of the business and still have a lot of work to do to achieve the levels of profitability that we see are possible. The competitive environment is tougher every year, and with the more international players focusing on our domestic market, both physically and online, it is more important for us to execute our plans well, to ensure that we are relevant, competitive and profitable in the future”.
Very little news to whet the appetite however thought it worthy of mention today's close. Shortly b4 close price beaten down on small volumes to $2.89 but at the death 1 trade 400k shares @ $2.96. Make of it what you will but certainly not the norm, only 1 party publicly known to be accumulating.
Ah, I wondered.
Thought odd for it to drop 2 per cent just before it goes xd.