WHS - Warehouse Group

[Entrep]

We have 2 ticks from the Council of Bs, where's Balance with his view?

[LaserEyeKiwi]

So why isn't WHS part of the NZX50 index?

[winner69]

So why isn't WHS part of the NZX50 index?

Probably because 77% of shares are held by insiders and not part of the ‘float’

Only 75 million shares freely tradeable

[LaserEyeKiwi]

Probably because 77% of shares are held by insiders and not part of the ‘float’

Only 75 million shares freely tradeable

Ah, thanks for that.

[winner69]

Share price hit 386 before drifting back a bit

Might be another boost as day comes to end

And then tomorrow over 4 bucks as ‘mums and dads’ read the days news and go wow and out their orders in.

[alokdhir]

Share price hit 386 before drifting back a bit

Might be another boost as day comes to end

And then tomorrow over 4 bucks as ‘mums and dads’ read the days news and go wow and out their orders in.

Looks like u have loads of them ...lol

[winner69]

Just noticed they got 183m of cash ...and that’s after paying the 65m wage subsidy pack and spending about 40m of capex (investment in the future)

That’s a lot of dosh in the bank

[alokdhir]

Just noticed they got 183m of cash ...and that’s after paying the 65m wage subsidy pack and spending about 40m of capex (investment in the future)

That’s a lot of dosh in the bank

Warehouse Group's balance sheet ready for acquisitions, says CEO Nick Grayston

[alokdhir]

https://www.nzherald.co.nz/business/...OIVJWZCRF6GKE/

[Habits]

Probably because 77% of shares are held by insiders and not part of the ‘float’

Only 75 million shares freely tradeable

I notice companies not in the index have higher yields as a result of lower SP. Maybe WHS management should make it a goal to unlock more shares if at all possible held by Tindall as a smaller holding would still retain the same value through a higher SP. With current yields institutions would be keen to buy up and rightly so