W(n) to be fair one is being slammed in AUS compared to the local market coming back in a few weeks time in New Zealand unlike NSW. Auckland could probably go level 2.5 next week as far as business is concerned.
Can somebody please explain why comparisons between the BGP and HLG share prices are being made? A meaningful comparison between the two companies is their market capitalization but share price comparisons seems completely meaningless. What am I missing?
Can somebody please explain why comparisons between the BGP and HLG share prices are being made? A meaningful comparison between the two companies is their market capitalization but share price comparisons seems completely meaningless. What am I missing?
Fun and maybe meaningful for some to watch the relative movements in the share prices ….easy to see whose winning or losing
Look it not I hazard a guess the comparisons will continue for a while
”When investors are euphoric, they are incapable of recognising euphoria itself “
Retail is Retail and that why the comparison as the investor is sector based not Company based. So far HLG has always been a volatile stock. The real interest is if MR B get his 7 dollars for WHS in the longer run.
When Briscoe was listed in December 2001, it had an IPO value of just $210 million. This was slightly ahead of the market values of Michael Hill and Hallenstein Glasson at the time, but 90% below Stephen Tindall’s The Warehouse, which was worth $2.01 billion in late 2001.
Briscoe is now the most valuable NZX retailer, well ahead of The Warehouse, and of Kathmandu which listed in November 2009. Meanwhile, Hallenstein Glasson and Michael Hill are now a long way behind.
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