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  1. #3441
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    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

  2. #3442
    Legend peat's Avatar
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    Quote Originally Posted by Baa_Baa View Post

    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....

  3. #3443
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    Where's the poking out tongue emoji lol
    . But I like
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #3444
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    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.”

  5. #3445
    Speedy Az winner69's Avatar
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    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.”

  6. #3446
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    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.
    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)
    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

  7. #3447
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    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.”

  8. #3448
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    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

  9. #3449
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    Mr Bell building a deck I see.

  10. #3450
    Speedy Az winner69's Avatar
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    Quote Originally Posted by couta1 View Post
    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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