Well Smith`s had there annual meeting yesterday and only the time when you get the good oil on what there doing told us they are moving two Power house stores to bigger buildings
and pointed out that the 8 stores in the North Island produce 21% of the profits need more people to live in the South Island..

The chairman also pointed out what a good price the share was @ near 12% div and half the NTA value he feels its a BARGAIN along with BRICKS..