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  1. #3011
    Member
    Join Date
    May 2015
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    72

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    Market update announced at 16:19 today - so how on earth did the share price jump 10 cents after the close?

  2. #3012
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
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    1,347

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    The market closes at 17:00.
    No advice here. Just banter. DYOR

  3. #3013
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,296

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    Quote Originally Posted by noodles View Post
    The market closes at 17:00.
    Wow 17 bucks! IIRC I sold out alll those years ago into one of those stake building offers at about $5! I guess the lesson is, just because you sell a share, that isn't an excuse for not paying enough attention to it in the future ;-P

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  4. #3014
    Member
    Join Date
    Aug 2014
    Posts
    91

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    I think I am one of the few people bullish on the warehouse. Good announcement, and the launch of themarket prior to Amazon's arrival has potential. Check out themarket.co.nz if you haven't already. Currently in beta, it really should have been announced to the nzx already.

  5. #3015
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,244

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    I thought the announcement was extremely positive.
    The big surprise to me was their big debt reduction.
    This is been made by better stock control.

  6. #3016
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    17,244

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    Quote Originally Posted by Snoopy View Post
    Wow 17 bucks! IIRC I sold out alll those years ago into one of those stake building offers at about $5! I guess the lesson is, just because you sell a share, that isn't an excuse for not paying enough attention to it in the future ;-P

    SNOOPY
    Noodles was stating the market close time,not dollars.!..

  7. #3017
    Member
    Join Date
    Oct 2017
    Location
    Wellington
    Posts
    247

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    I can't remember what is the average volume but the graphic is looking encouraging. Well I try to see something positive since buying almost 6 years ago at $3.70 never went back to that level although I bought it for dividends (small parcel) as a recommendation from Craigs.

  8. #3018
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,244

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    Quote Originally Posted by MauroNZ View Post
    I can't remember what is the average volume but the graphic is looking encouraging. Well I try to see something positive since buying almost 6 years ago at $3.70 never went back to that level although I bought it for dividends (small parcel) as a recommendation from Craigs.
    Most probably be well worth buying a few more at $2.30 for the excellent divie.

  9. #3019
    Member
    Join Date
    Oct 2017
    Location
    Wellington
    Posts
    247

    Default

    Quote Originally Posted by percy View Post
    Most probably be well worth buying a few more at $2.30 for the excellent divie.
    At that price I get a 9% gross yield (with imputation added) compared to HLG at 11% I guess is not that bad.

  10. #3020
    Senior Member
    Join Date
    Aug 2017
    Posts
    620

    Default

    But you do have to ask yourself " who is more likely to still be around after Costco and Amazon set up"

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