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  1. #161
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    Quote Originally Posted by Sideshow Bob View Post
    Wandering around Rebel in Qtown (Frankton) today, was struck by the number of surf casting rods they had there!

    not or the place where I would have thought they sold many? Maybe the lake gets a little more rough than I thought, and maybe the fishermen are particularly optimistic......
    I'm guessing surf casting rods aren't big sellers in Bolivia Bob? Are you really there? I bet Rod wouldn't stock them if he ran a Rebel sports shop there. Rods for lakes yes but not for the sea. That said try telling the Bolivian military they don't really need a navy...


    But more relevantly, if they weren't selling I suspect they would either drop or signifcantly reduce the line in a given shop. Hanging on to product that doesn't sell isn't how he does business from the looks of it.

  2. #162
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    Quote Originally Posted by winner69 View Post
    Normalised npat up 19% for year - another great result for Rod

    Q4 sales growth not that high but Rod said taking care of margins was the priority.

    No wonder share price up 45% last 52 weeks

    He a good guy that Rod.
    Yes he really knows how to do retail. When was the last time Briscoes group had a bad quarter or year? I do recall their share price dropping to 67 cents(I think) during the GFC. I didn't think it was due to poor performance, just uncertainty. Anyone that bought then will be very happy

  3. #163
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    Anoher boring record profit from Briscoes.

    https://www.nzx.com/companies/BGR/announcements/298240

    I hold.

  4. #164
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    Quote Originally Posted by macduffy View Post
    Anoher boring record profit from Briscoes.

    https://www.nzx.com/companies/BGR/announcements/298240

    I hold.
    Don't consider it boring at all.
    Star performer.
    h2

  5. #165
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    Quote Originally Posted by h2so4 View Post
    Don't consider it boring at all.
    Star performer.
    macduffy was being humorous...many comments in this threads history about how dull it is to hold shares in Briscoes when all it does is report growth in sales and profits quarter after quarter, year after year. If we wanted "exciting" we would own Warehouse shares.

    I hold.

  6. #166
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    duke da bomb lol makes warehouse managerment and board look second rate
    one step ahead of the herd

  7. #167
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    Quote Originally Posted by emearg View Post
    macduffy was being humorous...many comments in this threads history about how dull it is to hold shares in Briscoes when all it does is report growth in sales and profits quarter after quarter, year after year. If we wanted "exciting" we would own Warehouse shares.

    I hold.
    Yes the result was alright I suppose.

    Ok then it was boring.
    h2

  8. #168
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    Apologies for tongue in cheek comment - but then the description of Briscoes' result as "boring" follows a long tradition on this thread of so describing a series of profit increases from this company!

    An interesting comment from Rod Duke on NZRadio Business this morning when he replied to a question about the possibility of expansion nto Australia. Something along the lines of "We're still looking; havn't decided anything; one or the other "brands", or both?" The last point is particularly interesting in that Rebel Sport in Aust is a separate outfit from BGR's Rebel Sport in NZ.

    http://www.radionz.co.nz/national/pr...-15-march-2017
    Last edited by macduffy; 15-03-2017 at 07:32 AM.

  9. #169
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    Interesting noting online sales have increased 40% and now account for 6% of revenue,ie just under $35mil.
    Last edited by percy; 15-03-2017 at 08:19 AM.

  10. #170
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    Quote Originally Posted by h2so4 View Post
    Yes the result was alright I suppose.
    A brilliant example of Kiwi enthusiasm.

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