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  1. #1991
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    Surprise on the upside
    As far as excuses go this one is a classic.... "the impact of the 53rd week in FY15, "

  2. #1992
    Advanced Member BIRMANBOY's Avatar
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    Posted in November.....so did you follow through Winner? Your crystal ball was humming....
    Quote Originally Posted by winner69 View Post
    That's a very positive sales update from the Warehouse this morning

    Note that margins are up

    This could well be one of their better years,the first of many.
    www.dividendyield.co.nz
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  3. #1993
    Speedy Az winner69's Avatar
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    Quote Originally Posted by BIRMANBOY View Post
    Posted in November.....so did you follow through Winner? Your crystal ball was humming....
    No I didn't Birman. No worries though as share price is still a tad lower than it was at the time of that Nov announcement.

    Bit worried when Chairman Ted said, “?...We now expect that full year profit to be up on last year, although not to the same extent as these first half results ....."

    Hmm H2 not very good then ...hmm

    Never mind birman - no matter what you'll get your dividend eh.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #1994
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    All those Dick Smith customers will be looking for somewhere to spend their money one might hope.
    Quote Originally Posted by winner69 View Post
    No I didn't Birman. No worries though as share price is still a tad lower than it was at the time of that Nov announcement.

    Bit worried when Chairman Ted said, “?...We now expect that full year profit to be up on last year, although not to the same extent as these first half results ....."

    Hmm H2 not very good then ...hmm

    Never mind birman - no matter what you'll get your dividend eh.
    www.dividendyield.co.nz
    Conservative Investing and dividend producers...get rich slowly!
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  5. #1995
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    With Dick Smith being on the block, the WHS could be interested at having a look at their books.


    Quote Originally Posted by BIRMANBOY View Post
    All those Dick Smith customers will be looking for somewhere to spend their money one might hope.

  6. #1996
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    I kind of hope not. Warehouse, NL, Torpedo 7, Whs Stationary and a huge online machine, not to mention Finance and Phones. Time to get down to business with what they have.
    Last edited by Bobdn; 12-01-2016 at 05:06 PM.

  7. #1997
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    Quote Originally Posted by Bobdn View Post
    I kind of hope not. Warehouse, NL, Torpedo 7, Whs Stationary and a huge online machine, not to mention Finance and Phones. Time to get down to business with what they have.
    Torpedo 7 a pretty good shop, one at tower junction always packed out, sell some decent running and hiking gear. Suspect Noel Leemings is the weak link

  8. #1998
    Advanced Member BIRMANBOY's Avatar
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    Well with DS out of action that should help NL.. and hopefully WHS will stay well away form doing anything with DS.
    Quote Originally Posted by ratkin View Post
    Torpedo 7 a pretty good shop, one at tower junction always packed out, sell some decent running and hiking gear. Suspect Noel Leemings is the weak link
    www.dividendyield.co.nz
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  9. #1999
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    Quote Originally Posted by BIRMANBOY View Post
    Well with DS out of action that should help NL.. and hopefully WHS will stay well away form doing anything with DS.
    Retailing industry going through classic consolidation through mergers, acquisitions and plain closures.

    Not necessarily a bad thing for WHS to buy Dick Smith, if it can be obtained real cheap.

    Farmers getting ready to make its move and Briscoes is ripe for some real competition in its product range, given Warehouse/Farmers combined purchasing power.

    Interesting times ahead.

  10. #2000
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    Dicksmith have good store locations IMO, I think that is somewhat of a positive if they can buy it for peanuts

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