BGR - Briscoes Valuation

**winner69** · 04-11-2019, 03:20 PM

Originally Posted by macduffy

Solid sales growth in 3rd quarter.

https://news.iguana2.com/macquaries/NZSE/BGP/343736

This link for those not part of the big end of town
http://nzx-prod-s7fsd7f98s.s3-websit...736/311106.pdf

Great growth ...in a ‘very competitive market’ ...that’s way worse than the normal ‘challenging’

**Sideshow Bob** · 04-11-2019, 03:24 PM

Originally Posted by macduffy

Solid sales growth in 3rd quarter.

https://news.iguana2.com/macquaries/NZSE/BGP/343736

Pretty solid indeed. Will be interesting to see how that translates to earnings. Wonder how the lower dollar is treating them....

**percy** · 04-11-2019, 07:25 PM

20% online growth is excellent.

**percy** · 12-12-2019, 12:14 PM

Nice being welcomed into Briscoes Salisbury Street this morning by Tammy Wells.

**Mr Slothbear** · 11-01-2020, 10:14 AM

High kiwi $ lately going to be good for Briscoes.

I read Rod talking about how they have moved a few store locations to take advantage of a few very cheap leases offered and Theres now the much larger rebel sport in riccarton and Briscoes moving to bushinn so will be very interesting to see how it effects the bottum line numbers.

**macduffy** · 16-03-2020, 04:29 PM

Steady result from Briscoes. This year will be another matter!

https://www.nzx.com/announcements/350004

**Mr Slothbear** · 16-03-2020, 05:14 PM

As Briscoes is one of my largest holdings really pleased to see this. What quality management really looks like.

https://www.stuff.co.nz/national/hea...impacts-retail

**nztx** · 09-04-2020, 01:01 AM

Could be a rather hefty hit coming in the BGR Balance sheet for write down of it's KMD stake if the KMD SP stays down around current levels - depending on how they deal with Investment write-downs & whether they go through P&L or directly to reduce reserves now ?