BGR - Briscoes Valuation

**King1212** · 03-11-2020, 10:31 AM

Cheeky boss...he knew the sales will be up..he loaded heap of shares and saying it is better to invest in BGP instead of term deposit

**Snow Leopard** · 03-11-2020, 01:27 PM

Nice numbers it seems that Kiwi's are spending while they can on what they can.

But always good to think beyond the latest sales figures and consider both probable and improbable futures and how long this great run can last.

Socks are for Xmas but a decent frying pan is for life.

**macduffy** · 03-11-2020, 03:00 PM

Socks are for Xmas but a decent frying pan is for life.

True, but they don't make decent frying pans like they used to.

**King1212** · 03-11-2020, 03:12 PM

Depend on what u are frying...possums meat tend to hard to fry...grill better

**Beagle** · 03-11-2020, 03:17 PM

Originally Posted by King1212

Depend on what u are frying...possums meat tend to hard to fry...grill better

Had a very tasty gourmet rabbit pie once. Probably slow cooked in one of Briscoes pressure cookers. Good result for Briscoes sales. Pretty cool that an insider can buy on inside knowledge and not be prosecuted and nobody dares to even complain about it. Wonder what's on so called sale this weekend ?

**percy** · 03-11-2020, 04:48 PM

Originally Posted by Mr Slothbear

“MKTUPDTE: BGP: 3rd Quarter Sales to 25 October 2020

Briscoe Group Limited (NZX/ASX code: BGP)

Highlights for the 3rd quarter (13 weeks) to 25 October 2020:
o Total Group sales $161.3 million, +14.97%
o Homeware sales growth, +12.28%
o Sporting goods sales growth, +19.48%
o Online sales mix of total Group sales, 16.3%
o $11.5 million wage subsidy repaid in full

Third Quarter: 27 July 2020 - 25 October 2020:
The directors of Briscoe Group Limited announce unaudited sales for the third
quarter period, being the thirteen weeks ended 25 October 2020, of $161.3
million, 14.97% above the $140.3 million for the same quarter last year. For
the quarter, homeware sales increased by 12.28% to $98.7 million, while
sporting goods sales were $62.6 million, an increase of 19.48% from the $52.4
million achieved for the equivalent quarter last year.”

Wow pretty much square on my growth estimate. Great result from Rod and the team, they should be very proud

Those online sales look excellent.

**Mr Slothbear** · 03-11-2020, 05:29 PM

Originally Posted by Beagle

Had a very tasty gourmet rabbit pie once. Probably slow cooked in one of Briscoes pressure cookers. Good result for Briscoes sales. Pretty cool that an insider can buy on inside knowledge and not be prosecuted and nobody dares to even complain about it. Wonder what's on so called sale this weekend ?

Pretty sure Rod bought in the disclosure window after the half year results. He has flagged this growth very clearly. One listen to his RNZ interview and you'd think he was shouting this result weeks ago from the rooftops.

and Percy no mention of your yearly plug for Estar online?

**King1212** · 03-11-2020, 07:12 PM

sales will going up especially coming to this Christmas and summer. As kiwis can not go overseas...families tend to spend on camping, buying sports stuffs and household items.