WHS - Warehouse Group

[Rawz]

post was from the 7th
so far it has done what I said. Short term stuff sure... but candles are still bearish so far. ...and there is that divergence.

Attachment 12975

We heading to $3.60 ya reckon?

[peat]

We heading to $3.60 ya reckon?

I guess it will find support - there is a lot esp at 3.50 - Theoretically its still bullish above 3.45 - I'm just wary of diagonals on a 5th wave.

and Beagle is always right (virtually) (not sarcastic in case its taken that way)
JTH awesome analysis for the longer time frame too!

[Beagle]

Briscoes this week proved it can be done (facing up to all the challenges of logistics, supply chain e.t.c.) and talk was of net profit for the current year exceeding last year's bumper result and amounting to about $85m which on 222.5m shares = 38.2 cents per share. If it meets forecast its trading on a forward PE of 18.3

WHS if they make $173m normalized profit to be announced on 29 September will have eps of 50 cps at at today's closing price of $3.80 trades on a PE of just 7.6

I would argue as times get tougher consumers will head down the road to make more value based buying decisions and "look through" Briscoes so called sales and specials.

[nztx]

Briscoes this week proved it can be done (facing up to all the challenges of logistics, supply chain e.t.c.) and talk was of net profit for the current year exceeding last year's bumper result and amounting to about $85m which on 222.5m shares = 38.2 cents per share. If it meets forecast its trading on a forward PE of 18.3

WHS if they make $173m normalized profit to be announced on 29 September will have eps of 50 cps at at today's closing price of $3.80 trades on a PE of just 7.6

I would argue as times get tougher consumers will head down the road to make more value based buying decisions and "look through" Briscoes so called sales and specials.

FOUR Dollar would feel good & not be unattainable for WHS when looking at other Retailer's SP runs

If we compare with BGP, then does mean the comparable range extends up to 4 & 1/2 Dollar .. ?

[emearg]

I would argue as times get tougher consumers will head down the road to make more value based buying decisions and "look through" Briscoes so called sales and specials.

You should be right, but as JCPenny and their new CEO learnt in 2012 the psychology suggests you're not.
https://hbr.org/2012/05/can-there-ever-be-a-fair-price

They lost close to a billion dollars and their new CEO became their old CEO looking for a job.

But I agree with you...apart from when I going shopping apparently.

[winner69]

You should be right, but as JCPenny and their new CEO learnt in 2012 the psychology suggests you're not.
https://hbr.org/2012/05/can-there-ever-be-a-fair-price

They lost close to a billion dollars and their new CEO became their old CEO looking for a job.

But I agree with you...apart from when I going shopping apparently.

And the down hill slide didnt end there

last year J C Penney went bankrupt

Another great retailer in Sears followed that path as well

Hope our Nick didn’t learn too much at Sears …though he still talks like a Sears exec

[Zaphod]

You should be right, but as JCPenny and their new CEO learnt in 2012 the psychology suggests you're not.
https://hbr.org/2012/05/can-there-ever-be-a-fair-price

They lost close to a billion dollars and their new CEO became their old CEO looking for a job.

But I agree with you...apart from when I going shopping apparently.

Despite our literal addition to sales-induced dopamine releases, how sustainable is this model in the long-term though?

I note in the article that "Jcpenney’s own data suggest that customers’ “hunger” for sales has increased dramatically over time, such that discounts of 60% are now required to get shoppers to buy, up from 38% 10 years ago."

[STr]

And the down hill slide didnt end there

last year J C Penney went bankrupt

Another great retailer in Sears followed that path as well

Hope our Nick didn’t learn too much at Sears …though he still talks like a Sears exec

Another observation. There has been a lot of comparisons across the retail chains - especially Briscoe to WHS. The main difference I see is Briscoes understands their customer, the average Kiwi. WHS and their offshore egos still think Amazon is their largest competitor and that the big Red Sheds are a necessary evil. Kiwi shopping habits are changing, but never underestimate the importance of bricks and mortar and a large community presence. Know your customer.

Disc: I have WHS in my portfolio …. No Briscoe though as I missed that boat. Perhaps a little bit jealous

[Beagle]

FOUR Dollar would feel good & not be unattainable for WHS when looking at other Retailer's SP runs

If we compare with BGP, then does mean the comparable range extends up to 4 & 1/2 Dollar .. ?

I think it doesn't pay to be too prescriptive with price targets and dates pertaining to them. Just keep holding these as the deep value shares they are, have lots and lots of patience, keep banking the dividends and enjoying the uptrend. That's what I'm doing.

[Waltzing]

"3.60"

have to be a terrible report.

but if the stock does get there you wont have much time to buy.

now MR B has predicted long term 7 dollars.