Retail sales advanced 7.1% from a month earlier, compared with the 7% gain forecast by economists and the 7% reported in late December as the preliminary figure, data from the Australian Bureau of Statistics showed Monday. The gain was driven by Victoria -- up 22.4% -- as Melbourne stores were able to trade for a full month, the ABS said. Excluding Victoria, sales rose 2.6%.
Source: https://www.bloomberg.com/news/artic...-trade-resumes
actual we hoping for terrible retail in europe and steady as it goes here and even if there is a L4 here it wont be long as the L4 will be over night. Lets face it the Ministry is praying like everyone. Well at least the sailing or should we calling it low flying on water can give us respite from the global raging horror story. Surreal summer days of warm serenity beside the odd shark attack and stabbing.
Surprised someone did not raise the SP outlook to 11 based on Aussi retail fever.
Surprised someone did not raise the SP outlook to 11 based on Aussi retail fever.
Looks like half the B-team has gone for good and the other half seems rather subdued so no raising of SP outlook from them.
But a 50 cent fully imputed divie coming our way this year .....that’s nearly 70 cents gross .....in these days of generational low interest rates a 6% yield is very enticing ......so $11.57 share price is possible.
And there’s even more ....with HLG growth potential in Oz that divie will be even greater.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
While over all Aus sales are behind last 2020 the numbers are still pretty good considering. I suppose some data scientists will be interested to see where a pandemic society spends it money.
We have to be careful with any statements but hopefully in 2021 we will increase the base of some of our data capabilities and contribute some stats in our comments more in line with MR B statistical comments.
Originally Posted by winner69
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