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  1. #341
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    https://www.nzherald.co.nz/business/...ectid=12341769


    I don't have access behind the paywall but looks like an interesting article

  2. #342
    Senior Member King1212's Avatar
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    It said.... although sales down but Briscoe is well position. Mr Duke cancelled dividend n as well as his salary...all ex also reduced thier salary

    With no debts n good cash as they did not buy in KMD...

    Briscoe has high exposure to that. If people are going to spend a lot more time at home, they might want to upgrade their appliances and homewares.

  3. #343
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    Not to mention an increased focus from many people on health and fitness so Rebel Sport should benefit.

  4. #344
    One Fearsome Feline winner69's Avatar
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    Wonder if this is Rod’s way of telling Nick from WHS he’s useless.

    Go Rod ...good guy

    http://nzx-prod-s7fsd7f98s.s3-websit...693/326839.pdf
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  5. #345
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    Quote Originally Posted by winner69 View Post
    Wonder if this is Rod’s way of telling Nick from WHS he’s useless.

    Go Rod ...good guy

    http://nzx-prod-s7fsd7f98s.s3-websit...693/326839.pdf
    Will be interesting seeing what % of sales their online sales have reached,and their % increase.

  6. #346
    Reincarnated Panthera Snow Leopard's Avatar
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    Last quarter online sales at 23% even with the rush back into the shops: [ announcement ]

    Baulked at topping up at $3.40 yesterday, not timing my buys to perfection, as usual
    om mani peme hum

  7. #347
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    Quote Originally Posted by Snow Leopard View Post
    Last quarter online sales at 23% even with the rush back into the shops: [ announcement ]

    Baulked at topping up at $3.40 yesterday, not timing my buys to perfection, as usual
    And total Group sales for the quarter +28%!


  8. #348
    One Fearsome Feline winner69's Avatar
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    Bloody amazing sales report

    Essentially what lost through lock down has been caught up

    With efficiencies etc etc no wonder profit going to be better than expected

    Go Rod
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  9. #349
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    Quote Originally Posted by winner69 View Post
    Bloody amazing sales report

    Essentially what lost through lock down has been caught up

    With efficiencies etc etc no wonder profit going to be better than expected

    Go Rod
    That's incredible.

  10. #350
    Junior Member +++++'s Avatar
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    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.

  11. #351
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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
    bull
    One step ahead of the herd

  12. #352
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    Well, of course it may. ANZ's economist has it both ways...…………"While not our forecast...……..


  13. #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
    ... the fine art of sniffing out debits & credits hidden under the carpet can pay dividends ...

  14. #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 ?
    ... the fine art of sniffing out debits & credits hidden under the carpet can pay dividends ...

  15. #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
    bull
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  16. #356
    Junior Member +++++'s Avatar
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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.

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