WHS - Warehouse Group

[silverblizzard888]

The definition will likely be narrowed down further, warehouse will be forced to close because at the end of the day we have to go back to the intention of these definitions and it doesn't make sense for them to open and create more exposure to people as well as creating an uproar around the industry.

I feel sorry for the people who bought the stock at a high today, they stand to lose a bit from this confusion.

[Panda-NZ-]

Supermarkets should remain closed if the lockdown is intended be effective. Closing the warehouse may sadly divert traffic there.

[Ggcc]

I can also see “essential” domino’s not able to operate shortly

[ratkin]

From what I saw today, in terms of the virus, supermarkets are a much bigger worry. Very narrow isles, narrow gaps between the tills so forced far too close to counter staff. Very difficult to avoid close contact with people generally in the supermarkets.

Also they have reduced their hours forcing more people in per hour. Overseas it 24 hours so the vulnerable can go when it is really quiet. Have a feeling the manic malls today, which were like boxing day will have created far more new cases than if everyone had just been at work.

March 24th may become a new public holiday. Virus day

[Panda-NZ-]

Yeah either all should be open or all should be closed. More shops open means more space between people (instead of a limited supply of shops and people with nothing to do). That 15 minute trip to the supermarket will be a risk unfortunately.

[blackcap]

That 15 minute trip to the supermarket will be a risk.

It won't be a 15 minute trip though will it. You will be in a que outside for a good hour or more and then inside it will be the 15 mins if they let in only a few at a time.

[ratkin]

Yeah either all should be open or all should be closed. More shops open means more space between people (instead of a limited supply of shops and people with nothing to do). That 15 minute trip to the supermarket will be a risk.

In Wuhan wasnt all food delivered to the door? No mingling in supermarkets. This is very much lockdown lite, British style and it will fail, may slow the virus down by a week or Two and that about all

[Balance]

Whether they were right or wrong, they should've waited until the company legal department turned up for work before putting out this statement. They clearly didn't.

It's not really that important in the overall scheme, especially with a fast-moving change like this current lockdown. We'll all have forgotten about this in a couple of days.

But it does seem a little reckless to be putting out statements like this, when the market is in a panic about everything, without being 200% sure that they are right.

The government is at sixes and sevens on a few aspects of the lockdowns - I suspect WHS is but one caught in the confusion.

Was listening on to Marcus Lush on the radio this morning and he had just heard from the police that nobody will be allowed out to go to the beach or park. A few listeners then corrected him and said that activity is specifically allowed per the covid-19 website. He attempted to obtain clarification. It wasn't until this afternoon that there was clarification that yes, people are allowed to go for a walk in the park or along the beach but must keep at least 2 meters apart from anybody else, save those within the bubble.

[JeremyALD]

Whether they were right or wrong, they should've waited until the company legal department turned up for work before putting out this statement. They clearly didn't.

It's not really that important in the overall scheme, especially with a fast-moving change like this current lockdown. We'll all have forgotten about this in a couple of days.

But it does seem a little reckless to be putting out statements like this, when the market is in a panic about everything, without being 200% sure that they are right.

Their website STILL says they will remain open and that you can buy online. That is a bit negligent at this stage if not confirmed

[Brain]

I was surprised as were many others when the Warehouse claimed that they were essential. I would go further and say WTF were they thinking to make this announcement. This will do the warehouse irreparable damage in the minds of the public. All the other small businesses , man (or woman) and dog outfits cease trading but no not the Warehouse.
This is another example of poor quality of management and boards in NZ companies. I think shareholders need to wake up to the incompetence of the people that make key decisions in the companies that we invest in.