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01-10-2019, 03:19 PM
#3441
Originally Posted by winner69
Had a yak with a mate about the depressing economic commentators we have - he said well, winner, they are just eccentric accountants
Where's the poking out tongue emoji lol
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
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01-10-2019, 03:35 PM
#3442
Originally Posted by Baa_Baa
This is a monthly chart, closing price log-scale. Looks more like a rollercoaster in a theme park
Attachment 10786
higher highs , higher lows?
For clarity, nothing I say is advice....
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01-10-2019, 03:38 PM
#3443
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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01-10-2019, 03:44 PM
#3444
Originally Posted by Beagle
F.Y.I.
Glassons Australia sales growth:-
2019 13.9%
2018 56.7%
2017 21.5%
I note their 2019 sales growth was during a period of very weak retail data in Australia.
More than enough evidence of an encouraging trend as far as I am concerned.
The size of the Australian market is roughly five times N.Z.
ABS (Australia Stats) say retail clothing sector growth to year July 19 was 3.6% .....year before growth was 2.1%. Year to July 19 pretty strong eh.
Very weak retail data ....hmm ..,you been reading too many stories in the paper.
Last edited by winner69; 01-10-2019 at 03:55 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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01-10-2019, 03:57 PM
#3445
Always had to measure real growth when they don’t report same stores growth
How much is real growth and how much from new stores
Suppose growth is growth ....but in AU growing total sales but stuff all extra profit
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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01-10-2019, 04:18 PM
#3446
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
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01-10-2019, 04:38 PM
#3447
Originally Posted by Beagle
Probably all written by aging eccentric accountants
Last 3 years growth by Glassons Australia really has been gangbusters, (not just talk of gangbusters like some companies eh)
Yes indeed - new sites + store upgrades = GANGBUSTERS
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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01-10-2019, 05:05 PM
#3448
Originally Posted by winner69
Yes indeed - new sites + store upgrades = GANGBUSTERS
Good you've seen the light again mate. Better cover that short you put on and buy back in first thing tomorrow...oh wait, looking at the share price close looks like you might be in the process of doing that already
Last edited by Beagle; 01-10-2019 at 05:07 PM.
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
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04-10-2019, 05:06 PM
#3449
Mr Bell building a deck I see.
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04-10-2019, 05:43 PM
#3450
Originally Posted by couta1
Mr Bell building a deck I see.
Not much of a deck
At least he's kept some skin in the game ..thats good
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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