WHS - Warehouse Group

THE KING says Yer right there has been a dip but supported but meanwhile back at Paraparaumu Store it has just received New floor coverings a re new layout and Dam a lot more stock so things DO change also a lot of workers doing the Re jig they must like it too,
Like BGR & WHS are NZ biggest as NZ is not getting bigger in size these Company ARE... [^][^][^]

[nelehdine]

Pumpkin Patch are still growing in NZ , they are still growing in Australia, they have just started in the UK , if they get that right they will make a LOT of money. Yes the shares are expensive on a current P/E ratio but compared to WHS and BGR I know which company I think has a more exciting future over the next few years.

Hold PPL

[Toddy]

So King, what are you going to buy at for yourself from the Warehouse for xmas.
Been away from New Zealand for a while so I do not know what is 'in' and what is 'out'.

[Bling_Bling]

I have a feeling that WHS will go to $3.00 if it closes today below $3.90.

[clearasmud]

Retailing is just a tough business and getting tougher.
Just not the place to park your money.
WHS must be the winner of the "most loved stock of all time award"
But even here sentiment will eventually sour.

[Oracle]

Bongo

"A long term thing, or just a meaningless swing" ????????

[winner69]

quote:Originally posted by belgarion

Quite involved in the NZ grocery market ... margins are under significant pressure, due primarily, to 'deflation' on imported stuff ... WHS is likely to be quite similar.

Right on Belg - as I have said a few times now price deflation is a killer for retailers ... esp when operating costs are increasing

WHS prob selling heaps more stuff but getting less for in the till ... and operating costs are going up 3-4% ... so margins are stuffed

More bad news to come

And KING - same problem for BGR

[Gryffyn]

so glad i'm still on the sidelines - one day soon this is going to be bargain buying but now with $4 broken pay to wait and see a little.

Hey king - what happened to your cabal of price fixers?

[nelehdine]

Not that soon Gryffyn ... WHS has some serious problems that aren't going to be fixed any time soon ... better off looking elsewhere for 12 months at least I would guess ....

[jrbl]

One thing that does impress is their ability to analyse sales data. Seems to have improved since last years " we didn't have playstation 2 on the shelves " excuse.