WHS - Warehouse Group

[peat]

My understanding was they had few million tons of Aus coal in storage sold some to India which gladly accepted at $12 discount. The remaining 1m ton was only a days worth......... still approx 40 coal ships anchored

(perhaps a bit off topic)

my point was more that they are not being eco, they are pragmati
They are still punishing Australia in some areas. But they will make and burn coal to keep the home fires burning. That article says (coz I doubt many of you subscribe) that China will increase coal production by about the same amount as Aussie mines produce annually. INCREASE !! They say tens but its actually 100 so that is ten tens lol

Chinese coalmines have been *ordered to increase production by tens of millions of tonnes before the end of the year as President Xi Jinping prioritises a power crisis over reducing Beijing’s dependence on fossil fuels.

[dreamcatcher]

Off topic but relevant for The Warehouse who source majority of their sales from China.

https://www.theguardian.com/world/20...s-power-crunch

[Panda-NZ-]

Off topic but relevant for The Warehouse who source majority of their sales from China.

https://www.theguardian.com/world/20...s-power-crunch

They have great diversity in sourcing actually, moreso than other retailers.

It's why many things are in stock today.

[dreamcatcher]

They have great diversity in sourcing actually, moreso than other retailers.

It's why many things are in stock today.

That's reassuring to know going forward as this power crisis only happened in last few weeks.

[BlackPeter]

WHS up, Briscoes up, OCA sideways for years.

"OCA sideways for years" - REALLY?

OCA trend.JPG

[Panda-NZ-]

NZX has doubled since 2017.

In a country with an aging population and unprecedented house price increase, OCA has done poorly.

[BlackPeter]

NZX has doubled since 2017.

In a country with an aging population and unprecedented house price increase, OCA has done poorly.

... and you can say that with a straight face? Strong words, but obviously not true :

OCA NZX.JPG

Blue line is OCA, brown line is NZX50. If you consider that the NZX50 is a gross index (i.e. all dividends added, while the OCA share price is net of dividends (which have been paid separate), OCA did better than index.

Of course - there have been some other shares performing better, and many other shares performing worse.

[DonkeyKong]

... and you can say that with a straight face? Strong words, but obviously not true :

OCA NZX.JPG

Blue line is OCA, brown line is NZX50. If you consider that the NZX50 is a gross index (i.e. all dividends added, while the OCA share price is net of dividends (which have been paid separate), OCA did better than index.

Of course - there have been some other shares performing better, and many other shares performing worse.

Hi Peter, what software are you using there? Looks interesting

[BlackPeter]

Hi Peter, what software are you using there? Looks interesting

Just the Direct Broking "Super Chart" ... actually, not that "super" if you want to make a detailed analysis (for that I would use more something like Bigcharts - but quick and easy for a brief comparison. You probably need to be a Jarden customer to use it ...

[LaserEyeKiwi]

Excellent news with this mornings new Covid framework announcement!

- retail will be open under every alert level
- more than doubling of resurgence payments to impacted businesses
- increased hardship support for minimum wage workers, meaning even a couple both working 40 hours on minimum wage will be getting extra payments if needed.
- enforced vaccination requirements to enter many establishments mean confidence for people to patronize premises