WHS - Warehouse Group

[Nimble]

Not trying to defend the share but foreward PE of about 15 based on following announcement in Sept "The company said it was comfortable with market consensus that the 2005 full-year profit would come in at about $82 million" compared to 04 result of $61M.

[donner]

Yeah Nimble, only with the proviso of ceteris paribus.

[Nimble]

Not familiar with "ceteris paribus" Care to eloborate for the masses?

[OldRider]

Perhaps that learning of Latin so many years ago,has at last been useful for me, my guess is "All things remaining equal" ?

[Bling_Bling]

Nimble, WHS have disappointed the market expectations a couple of times on the downside. Looking at the BGR and PPG announcements, gives me the indication that the WHS may disappoint again, especially with Aussie. As per Nelehdine, WHS looks very expensive on fundamentals.

Disc: dont hold WHS shares, but still waiting and watching

[blackcap]

Sales figures out this morning. From a lay persons point of view they look terrible with both red sheds and Aussie reporting lower same store sales.

Was this already factored in or are we going to see a fall in todays price?

THE KING says dont worry what ever happens there will be share SUPPORT... [^][^][^]

[Toddy]

I see Red.

$3.75 by christmas.

Dump and run.

If you want value out of the Warehouse then the best that you can hope for are post christmas specials for the kids.

[blackcap]

quote:Originally posted by THE KING

THE KING says dont worry what ever happens there will be share SUPPORT... [^][^][^]

Dunno Kingy, they are getting a pounding today. There is only so much support that interested parties can provide before the futility of it hits them in the pockets too.

Where will it end.

[nelehdine]

I think $3.75 by the end of the week Toddy , no need to wait till Christmas. The company seems to be going backwards at an alarming rate of knots ... now it's the weather in NZ that's the problem , no warm spring weather !! , what will the next excuse be ??? STEER CLEAR .. I think their forcast of $82m might be optimistic for the 05 year, the shares will not be "cheap" until they fall below $3 !! Be patient if you must buy ... The lustre of Stephen Tindall is fading fast !!