Just imagine what would MHJ sp be if online sale were to be >20%...I agree with Rawz here, which one has more underlying potential to realise?
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Potential .
Well so far their online sales record is hopeless.
They need to engage some one like Estar on line to get their online channel working.They have a proven record.Check out their clients,who include Briscoes at.www.estaronline.com
MHJ will show them all up when they start their marketing in the metaverse initiative ..... without you guys just dreaming about this 20% plus of sales being online
I’m not sure many people want to buy jewelry worth hundreds or thousands of dollars without seeing it in person. Have you lot never seen a women shop for jewelry before? It’s usually a long LONG long process of trying on different ones and comparing them side by side and getting the sizing right etc.
SP price up 40% today on recent results ?
or Not, or maybe next week ? :)
HLG still ahead in the race by looks :)
"metaverse initiative "
apparently someone need urgent legal representation after their first beta experience in Meta's immersive platform. Bit of worry since meta data runtime scripting is now all the rage..
once your in the verse image the problem you going to have preventing a complete history of your deeds and thoughts being held against you.
even now your financial data has been mined in ways you cant imagine. Your ID is stripped from your accounting data and thats why ON LINE accounting and shopping make you the GOLD to be mined in the future.
Your more valuable than any Itty Bitty Coins.
Briscoes going to make $87m on $745m of sales
WHS should make a bit more (maybe) on $3.400m of sales
Pretty amazing eh
BRIS : Amazing.
Its still a BUY even after you ignore all the fancy NOVXYZ formulas.
What was there jingle, "Briscoes you'll never buy better"
Full Year Results Announcement - NZX, New Zealand’s Exchange
Highlights for the full year ended 30 January 2022:
• Total sales $744.4 million, +6.08%
• Gross profit $340.6 million, +10.92%
• Gross profit margin 45.76% vs 43.76% last year
• Online sales growth, +21.01%
• Online sales as mix of total Group sales, 21.47%
• Net profit after tax (NPAT) $87.9 million, +20.10%
• Final Dividend 15.5 cps
• Total Dividend for the year 27.0 cps,+20.0% (excluding the special dividend paid in December 2020).