sharetrader
Page 19 of 93 FirstFirst ... 91516171819202122232969 ... LastLast
Results 181 to 190 of 924
  1. #181
    Advanced Member
    Join Date
    Nov 2013
    Posts
    1,778

    Default

    Quote Originally Posted by hardt View Post
    BGR is being squeezed by sentiment, not necessarily due to fundamentals of their particular business, Retail as a whole has little to be desired in terms of a moat anymore... NZ is lucky because of the very few stores available to consumers.

    household debt has risen to about 170% of nominal disposable income in NZ as well.

    Definitely looking to get in once it has bottomed out [ where that will be, no one knows ]
    Agreed but the bottom is a long way off.

    All retails stocks have been hit hard, both in NZ and AU. Just take a read of yesterdays announcement from ASX:RCG, sums it up pretty well. Along with the Warehouse it's all doom and gloom for retail in 2017.

    The board believes that RCG has been caught up in the widespread sell down of retail stocks over the last few months due to a number of factors, including declining consumer confidence, subdued wage growth, concerns surrounding the housing market, increasing interest rates and the perceived impact that the market entry of Amazon may have on the Australian retail landscape.

  2. #182
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

    Default

    Yes, the market has a bad case of Amazonitis at present where retail stocks are concerned. The good and the bad are both affected but those with good management such as BGR are worth watching for a SP recovery.

  3. #183
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    To list on ASX ...pretty soon as well

    Must have an acquisition of an aussie retailer in mind I reckon
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #184
    Senior Member hardt's Avatar
    Join Date
    Apr 2017
    Location
    In a bubble
    Posts
    726

    Default

    The only stocks up for acquisition are the beaten up ones like Adairs, which come to think of it could fit with the Briscoes stores quite well...

  5. #185
    Member
    Join Date
    Dec 2001
    Location
    Church Bay, Banks Peninsula
    Posts
    463

    Default

    Briscoes is a amazing success story under the leadership of Rod Duke.

    Does anyone know what Rod has in mind for his succession plan both for the company leadership and also for his controlling shareholding?
    SCOTTY

  6. #186
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Rod's speech at ASM worth reading
    https://www.nzx.com/files/attachments/258625.pdf

    Nice touch having their top performing Business Manager address shareholders - wonder what she said.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #187
    Senior Member
    Join Date
    Jul 2007
    Location
    , , .
    Posts
    992

    Default

    Another excellent result and not a word from any of you? You peeps hoping for a different result? Declining revenue? Lower profits? Yeah right.

  8. #188
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by emearg View Post
    Another excellent result and not a word from any of you? You peeps hoping for a different result? Declining revenue? Lower profits? Yeah right.
    I note their on line sales are now 7% of revenue,and growing strongly.

  9. #189
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by percy View Post
    I note their on line sales are now 7% of revenue,and growing strongly.
    Implies online sales up 40% to 45% on same period last year

    That implies bricks and mortar on up about 2,5%

    Go hand in hand don't they

    Cool eh
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #190
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by winner69 View Post
    Implies online sales up 40% to 45% on same period last year

    That implies bricks and mortar on up about 2,5%

    Go hand in hand don't they

    Cool eh
    May be a real hot idea to look at who does their ecommerce platform ???
    Last edited by percy; 10-09-2017 at 06:37 AM.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •