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  1. #2921
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    EPS this year was 17 cents and they did say “we expect a modest increase in profitability.” So maybe 20 cents is more than modest increase
    Might be a very modest increase if any after management finish scoffing at the tough of excessive corporate bonus largess
    Either way, I agree it doesn't look good trading a new multi year low and unable to hold the long term support line at $2.00.
    Next stop $1.70 ?
    Last edited by Beagle; 22-09-2018 at 11:38 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

  2. #2922
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    I am guessing it is just a matter of time for the Normans to take complete control of this company. I will be keenly watching.

  3. #2923
    percy
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    Quote Originally Posted by carrom74 View Post
    I am guessing it is just a matter of time for the Normans to take complete control of this company. I will be keenly watching.
    Yes I think you are right.
    I think they will be like you.keenly watching.

  4. #2924
    Speedy Az winner69's Avatar
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    Quote Originally Posted by carrom74 View Post
    I am guessing it is just a matter of time for the Normans to take complete control of this company. I will be keenly watching.
    Enterprise value nearly $900m so they would to front up with more than $800m

    And orobably not too keen taking on $700m of lease obligations
    Last edited by winner69; 22-09-2018 at 06:02 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #2925
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    Quote Originally Posted by winner69 View Post
    Enterprise value nearly $900m so they would to front up with more than $800m

    And orobably not too keen taking on $700m of lease obligations
    Dont Foodies and Progressive own blocking stakes?

  6. #2926
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    Quote Originally Posted by Sideshow Bob View Post
    Dont Foodies and Progressive own blocking stakes?
    One of them bailed out ..not sure about the other.

    https://www.nzherald.co.nz/business/...ectid=11411069
    Last edited by stoploss; 23-09-2018 at 10:37 PM. Reason: add link to story

  7. #2927
    Speedy Az winner69's Avatar
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    Nick Grayston, current CEO helped the Sears turnaround before he joined Warehouse Group

    Wonder if Warehouse will meet the same fate

    https://www.stuff.co.nz/business/wor...-for-a-us-icon
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #2928
    Speedy Az winner69's Avatar
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    Why Warehouse Group will struggle for many years is summed up thus — “Technology changes exponentially; organizations change logarithmically.”
    Last edited by winner69; 22-10-2018 at 12:52 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #2929
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    Quote Originally Posted by winner69 View Post
    Why Warehouse Group will struggle for many years is summed up thus — “Technology changes exponentially; organizations change logarithmically.”
    exponentially and logarithmically are synonyms.
    is there a mistake , or can you explain more clearly what you mean please.

    The Warehouse was busy today at the mall
    The chart looks pretty bad but 12 mths support at 2.00 level is holding, so far.
    There is someone interested so maybe it will be hold despite the descending triangle.
    For clarity, nothing I say is advice....

  10. #2930
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by peat View Post
    exponentially and logarithmically are synonyms.
    You probably missed that one revealing calculus class ?

    Exponential functions are the class of fucctions which grows with the fastest pace towards infinity,

    Logarithmic functions are the class of functions which grows with the slowest pace towards infinity.

    Exponential and logarithmic are not synonymous, they are inverse.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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