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  1. #2321
    Veteran novice
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    Yes the dollar is lower but I don't think people should be overly fixated with the current low spot rate...most purchasing is done using forward cover.
    True, but the lower NZD/higher cost of forward cover will kick in eventually. Next summer's stock, perhaps?

  2. #2322
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by macduffy View Post
    True, but the lower NZD/higher cost of forward cover will kick in eventually. Next summer's stock, perhaps?
    Agreed but see above post regarding the size of the families package and keep in mind an extra $90 a week or $200 a week is a LOT on extra weekly incoming funds for those currently spending 101% of what they presently get. Yes some things are going to cost more due to the drop in the exchange rate and fuel levies but the net effect is there's a lot of families going to be in a much better position.
    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. #2323
    ShareTrader Legend Beagle's Avatar
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    Internet going to kill retailers ? I don't think so https://www.nzherald.co.nz/business/...ectid=12078673
    The malls are cunning and morphing into entertainment center's with retail, multiple dining options, picture theatre's, pubs e.t.c.
    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

  4. #2324
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    Internet going to kill retailers ? I don't think so https://www.nzherald.co.nz/business/...ectid=12078673
    The malls are cunning and morphing into entertainment center's with retail, multiple dining options, picture theatre's, pubs e.t.c.
    Better take Mrs beagle to the food hall / pub at the mall instead of that place you go to at sky city .....probably nicer as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #2325
    Speedy Az winner69's Avatar
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    They must have discovered Glassons

    https://www.smh.com.au/business/the-...04-p4zpg7.html
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #2326
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    Hoping for a trading/market (positive) update from these guys soon, last year it was on 1st Aug.

  7. #2327
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    Better take Mrs beagle to the food hall / pub at the mall instead of that place you go to at sky city .....probably nicer as well
    Lynnmall been very nicely done up and expanded since Kiwi Property took over a while back. Lots of nice new restaurants with slow service that serve you on nice big plates with small serving sizes at high prices and new Reading cinema complex too. Thankfully there's still the regular food-hall. Glassons always seems busy there as does Hallensteins store.
    Good retail stat's out the other day. Happy holder.
    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

  8. #2328
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    Quote Originally Posted by winner69 View Post
    Better take Mrs beagle to the food hall / pub at the mall instead of that place you go to at sky city .....probably nicer as well
    Winner first he takes cheap flights with Mrs Beagle to Queenstown, now you want him to go to food halls rather than restaurants. What next ? Cheap unsafe cars from Turners ?
    Last edited by iceman; 11-07-2018 at 11:37 AM.

  9. #2329
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by iceman View Post
    Winner first he takes cheap flights with Mrs Beagle to Queenstown, now you want him to go to food halls rather than restaurants. What next ? Cheap unsafe cars from Turners ?
    LOL Not on your life. Mrs Beagle likes new 5 star safety rated cars and nice buffet feeds at the top of the gondola at Queenstown but we will definitely pick our seats next time with seat select, after unceremoniously being given the very last two very cramped back seats on AIR's A320 last time.... which were so cramped poor Mrs Beagle ended up with an anxiety / claustrophobia attack and needed oxygen. By the way...These old dogs reckon that's the best buffet in New Zealand...just quietly.... and then there's the view !!!!!!!!
    Last edited by Beagle; 11-07-2018 at 11:35 AM.
    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

  10. #2330
    percy
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    The appointment of Mary Devine to the board is interesting.
    She has been at a lot of places.
    Never stayed long anywhere though,which raises a red flag to me.

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