DOBBER, the word is
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For the last few months there has been a larger than normal buyer in the market for SCY
a 100,000 parcel has been common not all at once but constant anyone know something
small details lead to big RESULTS..
I wonder if he knew that SCY was going to report a 71% drop in profit?
http://www.nzherald.co.nz/business/n...ectid=10580751
IT appears macduffy did not know as well but reads the paper like every one else..
Then we all know,, BUT the actually the chain of shops is still growing like they always do
new and larger store at Timaru along with 3 others its all in the report and not in the PAPER..
No one knows, but I think we all expect listed retailers to report pretty dismal results for a while.
Let's hope that a drop of 71.5% is the worst!
THEY are still paying a DIV as best they can But unlike a lot of companies including the big BANKS who charge the bum of small people have CUT.. and reduced div`s and income
RATES.. GOOD on SMITH`s CITY for trying as hard as they do while and employing over 500 people...
Just noticed the new store opening up in Porirua. Good location right next to Harvey Normans with good parking available and central to the mega-centre.
I don't think I have seen inside a Smith's City store since the 1980's, so will be interesting to have a look.