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  1. #3591
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    Quote Originally Posted by couta1 View Post
    Exactly on such a low volume drop means nothing but if it goes much lower I'll be adding more to my holding.
    Couldn´t help myself and "reinvested" the divies I will get on the 17th :-)

  2. #3592
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Timesurfer View Post
    Retailers across the country reporting that spend is down this December.
    Could be because I ventured into retail but surely that would not have had a country wide effect?
    Not what I have been reading in recent weeks. Have you got any press articles you could provide to further articulate your point of view ?

    Good on ya Iceman. I have my paw pretty close to the buy button to do the same.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  3. #3593
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    Quote Originally Posted by iceman View Post
    Couldn´t help myself and "reinvested" the divies I will get on the 17th :-)
    Well done, I will do the same with mine when it is paid next week if the price remains at current level or less.

  4. #3594
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    Quote Originally Posted by Beagle View Post
    Not what I have been reading in recent weeks. Have you got any press articles you could provide to further articulate your point of view ?
    No, purely anecdotal. I am talking to local retailers, some of whom are part of national chains and they are saying numbers are down across the country. Maybe other stores are up? Foot traffic has certainly been thin in the local mall.

  5. #3595
    ShareTrader Legend Beagle's Avatar
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    I guess it depends who you talk too. https://tradingeconomics.com/new-zea...l-sales-annual
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #3596
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    I guess it depends who you talk too. https://tradingeconomics.com/new-zea...l-sales-annual
    accountonomists like beagle always gets the facts ......good people accountonomists
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #3597
    Reincarnated Panthera Snow Leopard's Avatar
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    Fairly obvious that Beagle is using historical (aka 'out of date') data and Timesurfer is using live data (aka 'the pulse').

    Also fairly obvious that the average Kiwi having overspent in the third quarter is now in miser mode.

    So while you both may be right, I am definitely righter .
    om mani peme hum

  8. #3598
    Speedy Az winner69's Avatar
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    Maybe timesurfer correct

    Quote: Group sales for the first 17 weeks of the new financial year are +6.7% on the prior corresponding period.

    Weren’t they +7.1% for first 16 weeks ....that 17th week must have been really really quite ..or in timesurfer lingo ‘spend is down’ ...and wasn’t Black Friday in that 17th week

    Maybe Beagle could use some of his accounonomist skills to assess what’s happened in that 17th week.

    Was market Price Sensitive as well.
    Last edited by winner69; 11-12-2019 at 07:58 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #3599
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    Definitely reads like they're coming off the boil. Good news is they say they can maintain dividends due to strength of the balance sheet. Heading back to the situation a few years ago where they paid out more on dividends than they made in profit?

  10. #3600
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    I hope I am the wrong one - I need sales to pick up!

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