Originally Posted by
BIRMANBOY
A lot of negative comments here which are shortsighted in my view. Sales for group are up 4.2%. NPAT is online for 80 million. They return good dividends. I dont believe competition is going to hurt them unduly...business's are not going to have an easy time matching WHS buying experience and proven ability to buy the right goods at the best price. Its the margin between buying and selling which in the end run will make a business succeed. Rents, payroll, overheads are roughly the same for everyone but the company that buys best has a big advantage. From what I have read over the years WHS has always done this very well. Buy it now if you are a holder..and even if you are a trader could be some good money to be made. Low share prices to me in this case are an opportunity not a call to abandon ship.
Disclaimer...obviously I hold these shares.