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Thread: Bgp

  1. #1
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    Default Bgp

    What caused that big decline today.

  2. #2
    Speedy Az winner69's Avatar
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    Quote Originally Posted by horus1 View Post
    What caused that big decline today.
    Kathmandu down big time as well and Warehouse been weak all weak

    Maybe punters worried virus going to hurt retail
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3
    percy
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    Weakening NZ $ against US $ ,will mean imports will cost more,and will put further pressure on retailers' margins.
    Competition is already hurting margins.
    Even HLG's share price has dropped below its 100 day moving average..
    Last edited by percy; 31-01-2020 at 08:51 PM.

  4. #4
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    Quote Originally Posted by winner69 View Post
    Kathmandu down big time as well and Warehouse been weak all weak

    Maybe punters worried virus going to hurt retail
    Kathmandu since 20/12/19. WHS and Briscoe's both this week.

    Sales every week.. ?..
    Not just the virus IMO

  5. #5
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    The past few weeks has seen a big increase in the shareprice from briscoes from circa 390 up to 4.40’s and now in the past few days as news of this virus has hit heightened irrational levels the shareprice has plunged back down to where it was a few weeks ago.

    very out of the ordinary for briscoes to experience large movements being tightly held but doesn’t even warrent a blink.

    longtime holder.

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