WHS - Warehouse Group

[kiwitrev]

Good point trev

Getting 6.1% post tax (dividends) is a lot better than 3.8% post tax (notes) eh .... almost 60% more

Maybe they worried that if the WHS share price falls by 6 cents a year that wipes out the difference ..... meaning taking the safer more secure option could be far better. And some probably think that that 17 cent dividend is not that certain either.

Then again the share price could zoom ahead and they don't share in the capital gains (and probably in this case increased dividends)

Think sums right about that 6 cents ..... not really that much leeway is there?

Well none of us has that crystal ball(wouldn't that be great) but for myself ,universal catastrophe's aside, WHS would seem to be at the bottom of this cycle. They continue to gain sales which would indicate some degree of customer loyalty/satisfaction so I'm looking for a positive outlook as they come out of the capex programme. Would be interested to hear from any current bond holders re their intention to continue to hold.

[winner69]

Well none of us has that crystal ball(wouldn't that be great) but for myself ,universal catastrophe's aside, WHS would seem to be at the bottom of this cycle. They continue to gain sales which would indicate some degree of customer loyalty/satisfaction so I'm looking for a positive outlook as they come out of the capex programme. Would be interested to hear from any current bond holders re their intention to continue to hold.

The problem I see is that they are cycling lower and lower, earnings wise anyway.

Not good for a shareprice that is already on a PE of 17 when the market is pricing in interest rate hikes next year.

But this time it is different I am told.

[Tomtom]

If the Warehouse really get their act together, I think they have great share price gain potential ( not to mention dividend) Certainly haven't got that good shopping experience bit sorted yet.

That's probably a fair assessment, they're in as gooder position as any big retailer to change.

I don't think that is a phenomenon found just at WHS. If you restore income relativity so that the directors and managers are not paid proportionately ever greater amounts than the junior staff, you may get a greater sense of commitment from the juniors...
I think the trend in NZ's income gini coefficient has played its part too...with the result of less social cohesion and commitment from those at the less well-paid end!

Some things are out of their hands.

[BIRMANBOY]

Someone waited to drop the hammer....one seller of 480,000 at 2.75...just about cleared out all the buyers....(other than the hopeful lurkers). Maybe something afoot. Seems a little out of the ordinary activity.

[winner69]

Someone waited to drop the hammer....one seller of 480,000 at 2.75...just about cleared out all the buyers....(other than the hopeful lurkers). Maybe something afoot. Seems a little out of the ordinary activity.

Birman, not like you to worry about a bit of noise in the market

[BIRMANBOY]

What...me worry? (courtesy Mad Magazine of course) W there's a "bit", a byte and a bet....and I bet that's more than a bit...but the bytes will be advising us soon would be my bet.

Birman, not like you to worry about a bit of noise in the market

[winner69]

Spose the big shareholder is happy with this

http://www.stuff.co.nz/business/indu...-toy-catalogue

But then again Farmers mightn't sell much Lego anyway and this is smoke and mirrors

[bull....]

heading to test multi yr lows at 2.50 very bearish not surprising with an outlook of declining divs and poor margins

[couta1]

heading to test multi yr lows at 2.50 very bearish not surprising with an outlook of declining divs and poor margins

Everything's bearish at the moment but at least they don't sell Greek Salads

[Balance]

Share price bouncing around one year's low. Watching and wondering if Pascoe ready to make their next move. Could be 40 cents upside if they decide to go for 50%?