BGR - Briscoes Valuation

[Waltzing]

Special Div coming?


Time to reward the base.



easy fair value.. performance demands a price.



No black holes in this one.


Shes apple pie.

[NMHB]

Not a bad score

[winner69]

Briscoes online seem to be going pretty well

Higher percentage of sales than WHS it appears .... probably doesn't cost as much to run

[winner69]

Old saying in retail 'you can only sell it once'

Rod says 'If you ain't got it you can't sell it'

[Waltzing]

Winner the are knocking it out of the park.. six's into the stands..

No one is going to holidaying in Disney land any time soon from NZ.

No trips to see Paris.

Only those who need to travel farther than AUS will do so for at least another year.

Autumn is only 2 months away.

cant see BRIS sales dropping far for another 12 months.

" We expect Group gross margin percentage for the full year to close
significantly above last year's margin percentage."

[emearg]

While I have stated previously my ability to predict the future is as rubbish as every one else, I am confident in saying the Rod Duke will continue to manage Briscoes very well. It's his superpower. For this holder, that is enough.

[Rawz]

BGP might just be retail king after all. Not sure MHJ can hold onto the crown?

[percy]

Impressive.Briscoes
Full year Online sales as mix of total Group sales, 21.47%
• Full year Online sales growth, +21.01%
Not so impressive.Michael Hill.
• Sustained growth in digital – Further deployment of omni-channel initiatives delivered an increase in sales and
margin for the quarter, resulting in a 28% increase in digital sales. Year to date, digital represented 8.2% of total
sales (FY21: 6.3%).

My comment.
MHJ's online sales representing just 8.2% of total sales reminds of of my school reports."This boy does not understand the subject,and must work harder."

[Rawz]

Impressive.Briscoes
Full year Online sales as mix of total Group sales, 21.47%
• Full year Online sales growth, +21.01%
Not so impressive.Michael Hill.
• Sustained growth in digital – Further deployment of omni-channel initiatives delivered an increase in sales and
margin for the quarter, resulting in a 28% increase in digital sales. Year to date, digital represented 8.2% of total
sales (FY21: 6.3%).

My comment.
MHJ's online sales representing just 8.2% of total sales reminds of of my school reports."This boy does not understand the subject,and must work harder."

At first i thought your post was a dig at MHJ but then i realized you were highlighting the incredible unlocked potential of MHJ online sales. Thank you!!

MHJ online sales grew 41% yoy from FY20 to FY21. Its looking like growth will be 30%+ FY21 to FY22.

Keep it up MHJ, work hard boy, and you will retain your crown! BGP a very close second I must admit

[percy]

At first i thought your post was a dig at MHJ but then i realized you were highlighting the incredible unlocked potential of MHJ online sales. Thank you!!

MHJ online sales grew 41% yoy from FY20 to FY21. Its looking like growth will be 30%+ FY21 to FY22.

Keep it up MHJ, work hard boy, and you will retain your crown! BGP a very close second I must admit

Unlocked potential.......lol.
I only hope for MHJ shareholders you are right..

A company I hold in Aussie.SSG Shaver Shop Group.
• Online sales were $61.2m or 28.6% of total sales in FY21