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  1. #351
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by +++++ View Post
    There has been an unusual level of activity post lockdown in some retail business. My cmp has also been up 25-30%. Pent up demand? Retail therapy? Getting out and about? Reclaiming a sense of normality perhaps? Replacement of broken appliances during lockdown. Upgrading etc. Will be interesting to see how long lived it is eg; Over next 6-24 months. My current employment is in retail sector. Dont hold any stock.
    ANZ dont think it will last ... this week they saying

    ANZ warns economy may head south again from November

    https://www.stuff.co.nz/business/122...-from-november
    one step ahead of the herd

  2. #352
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    Well, of course it may. ANZ's economist has it both ways...…………"While not our forecast...……..


  3. #353
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    Quote Originally Posted by +++++ View Post
    There has been an unusual level of activity post lockdown in some retail business. My cmp has also been up 25-30%. Pent up demand? Retail therapy? Getting out and about? Reclaiming a sense of normality perhaps? Replacement of broken appliances during lockdown. Upgrading etc. Will be interesting to see how long lived it is eg; Over next 6-24 months. My current employment is in retail sector. Dont hold any stock.
    Dont forget that that there has been a fair bit of Govt injected Covid-19 borrowed & tossed about Ca$h sloshing around in the system

    Should we expect similar retail patterns with other Retailers ? - HLG WHS etc

  4. #354
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    Quote Originally Posted by bull.... View Post
    ANZ dont think it will last ... this week they saying

    ANZ warns economy may head south again from November

    https://www.stuff.co.nz/business/122...-from-november
    Interesting isn't it ? .. two months after the second Wage Subsidy extension finishes & we just get past the Election nonsense

    Are there still impacted businesses out there likely to close some doors & send some bods walking ?

  5. #355
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    Quote Originally Posted by nztx View Post
    Interesting isn't it ? .. two months after the second Wage Subsidy extension finishes & we just get past the Election nonsense

    Are there still impacted businesses out there likely to close some doors & send some bods walking ?
    A lot of the covid stimulus is designed to finish just before the election lol , mortgage deferral , wage subsidies etc but the effects of them stopping wouldnt show up till later. if the govt extends some of these schemes it probably push the down turn out to early next year is my guess
    one step ahead of the herd

  6. #356
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    Absolutely. I think selling anything which covers a practical 'need' will always have longevity, for obvious reasons. The 'wants' and more 'feel good' non-essentials will surely dwindle as/if harder times ensue. Manipulation of human behaviour, marketing, programming, what is actually a 'need' or 'important'?? Differs depending on perspective, habit, available funds etc. Its possibly pretty fair game in 'general' retail up until and only if things become exponentially more tough for the 'middle-class' working folk and beyond.

  7. #357
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    breakout above 3.50 resistance level
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  8. #358
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    breakout seems to be holding
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  9. #359
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    1/2 year results due out on the 8th. They had a really good rebound after the first lockdown so will be interesting to see if sales have continued to be strong
    Two roads diverged in a narrow wood...

  10. #360
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    Quote Originally Posted by Captain Ramjet View Post
    1/2 year results due out on the 8th. They had a really good rebound after the first lockdown so will be interesting to see if sales have continued to be strong
    duke a good operator and other retailers seemed to have fared alright. question on a lot of minds might be will he pay a dividend?
    one step ahead of the herd

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