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21-07-2015, 12:24 PM
#1961
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27-10-2015, 09:56 AM
#1962
new CEO with wow credentials
https://www.nzx.com/files/attachments/223422.pdf
Hope he does better than previous 2 foreigners (mind you one was almost qualified as a local)
Shareholders saw a decent drop in WHS shareprice during both of these gentlemen's tenure
This time is different though
Last edited by winner69; 27-10-2015 at 10:13 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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27-10-2015, 10:22 AM
#1963
Looks he looks like he has the talent and experience. Some creative licence taken here in my opinion.
Chairman Ted van Arkel said that Nick is a highly qualified retailer with extensive international experience and the skills required to drive profitable growth for TWG from the strong foundations that have been built.
Disc - not a holder..only time will tell if this tired old brand can be successfully reinvigorated. New broom to sweep out some tired old products and ways of doing things...restructuring costs anyone ?
Edit, opps no sorry, I see they have had a $100m refresh programme so we're all good on the freshness of the brand, gee giving things a lick of fresh paint isn't cheap anymore is it ?
Last edited by Beagle; 27-10-2015 at 10:28 AM.
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27-10-2015, 11:15 AM
#1964
W. , Confucius (he's also a foreigner) say SP is merely transitory and no self respecting long term investor will measure worth on shifting sands...true value is measured in return to shareholders in the form of dividends. Only prerequisite is to be able to outlive average wave length of SP cycle. Sears is an American icon. However Kmart bought out Sears in 2005 so he would have had good experience in a discounting/volume environment. Below is 5 year chart for Sears Holdings and underneath WHS...so a similar trajectory. Even a trader could make money here!!!! AND as a dividend its returning me over 10% gross. Secret is (IMHO) buy when its low and accumulate....but then I would say that wouldn't I.
WHS.NZX - The Warehouse Group Limited Ordinary Shares |
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Chart period: |
1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years Adjusted |
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Originally Posted by winner69
new CEO with wow credentials
https://www.nzx.com/files/attachments/223422.pdf
Hope he does better than previous 2 foreigners (mind you one was almost qualified as a local)
Shareholders saw a decent drop in WHS shareprice during both of these gentlemen's tenure
This time is different though
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27-10-2015, 11:31 AM
#1965
Originally Posted by BIRMANBOY
. Secret is (IMHO) buy when its low and accumulate....but then I would say that wouldn't I.
In my view: buy when you believe the story and sell when you don't. I just don't think the "turn-around" story is really believable anymore.
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27-10-2015, 11:51 AM
#1966
You don't have to be a believer to make money in the sharemarket...in fact I would argue that actually inhibits success. When we examine our results that's the real measure of whether something has been worthwhile. I've believed in many things over the years such as GFF being a sure bet with food products as a staple... )oh well). I also don't believe in shopping at the WHS much but it sure has been a consistent producer of dividends. However everyone has their own methods so live and learn.
Originally Posted by Biscuit
In my view: buy when you believe the story and sell when you don't. I just don't think the "turn-around" story is really believable anymore.
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27-10-2015, 12:16 PM
#1967
Originally Posted by BIRMANBOY
You don't have to be a believer to make money in the sharemarket...in fact I would argue that actually inhibits success. When we examine our results that's the real measure of whether something has been worthwhile. I've believed in many things over the years such as GFF being a sure bet with food products as a staple... )oh well). I also don't believe in shopping at the WHS much but it sure has been a consistent producer of dividends. However everyone has their own methods so live and learn.
I agree, everyone has their own methods, and what works for one doesn't necessarily work for other people. You can buy share price "trends", or you can buy "dividends" but neither means anything in my view without "growth". Where is WHS growth going to come from?
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27-10-2015, 12:45 PM
#1968
Ok, so what you want is a Ryman with dividends? Bit limiting in my opinion however I'm sure they are waiting to be found. Mature business quite often run out of growth prospects so return good dividends to compensate. Very difficult to grow mature, large business without some risk and I would rather see WHS going about its business gradually and responsibly. Doesn't matter whether you make money out of growth or dividends..just comes down to philosophy and life circumstances. Dismissing any company as being "unworthy" is a bit simplistic. Your view is just as valid as mine but needs to be recognised as being what it is...yours and as such is framed in and around your circumstances. Other views work in the same fashion. Many investors spend thousands of man hours trying to find the "perfect investment" which returns dividends, shows good growth and consistently rising SP. IN the meantime there are many companies ,such as WHS, doing the job and paying the bills. Expecting a mature business to find "growth" is a bit optimistic so I can see why some would not consider it as a good investment. Important to recognise it what it is as opposed to what you believe it should be.
Originally Posted by Biscuit
I agree, everyone has their own methods, and what works for one doesn't necessarily work for other people. You can buy share price "trends", or you can buy "dividends" but neither means anything in my view without "growth". Where is WHS growth going to come from?
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27-10-2015, 12:51 PM
#1969
Originally Posted by BIRMANBOY
Ok, so what you want is a Ryman with dividends?
Hmmmmm... I hesitate to suggest AIR?
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27-10-2015, 02:05 PM
#1970
Yes I would hesitate as well ..........however suggest anything you want...it needs to stand up to scrutiny however. AIR cal yr ended 2014 dividend was 20cents giving good current yield %...previous 6/7years dividend never got over 8.5 cents. Fuel goes up, passengers down, div goes back to 3%? One year of good results is promising..but show me 8 years worth of solid high yield divs and I'll consider it. As I said depends on your circumstances and not for me but for you maybe its the holy grail. At the risk of repeating myself WHS is unsexy but reliable.
Originally Posted by Biscuit
Hmmmmm... I hesitate to suggest AIR?
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