MHJ - Michael Hill International.

[Rawz]

A game changer?

Billion dollar company anyone? Lol

[clearasmud]

Billion dollar company anyone? Lol

The Aussies know a good thing. Trading at $1.07 =$1.115nzd there.

[Beau]

The Aussies know a good thing. Trading at $1.07 =$1.115nzd there.

Closed in Aussie at $1.08 all looking good for start of next week.

[Waltzing]

certainly a retailer with some customer numbers building back up and no supply problems unlike the building industry.

Customers seem reasonably happy with the product and thats the main thing. Profit before a happy customer is not good.

[Greekwatchdog]

Customers seem reasonably happy with the product and thats the main thing. Profit before a happy customer is not good.[/QUOTE]

Without profit there are no customers as businesses will go broke. Customers will pay what they are happy to pay about the item selected. They don't think of profit.

[Waltzing]

"Without profit there are no customers as businesses will go broke"

taken for granted.. ripping off the customer is not good perhaps what should have been stated..

[sb9]

From a poster on HC..

***
Bullish comment today by Spheria in the AFR.
(Spheria is one of the main shareholders).

Main reasons given by the fund manager :
- turnaround by new management,
- massive discount to its peers,
- store footprint mature, but well placed to expand the digital business (+ 50 % last year),
- plenty of upside in store operating metrics,
- "company currently trading on only 4 times pre-tax earnings".
***

[winner69]

From a poster on HC..

***
Bullish comment today by Spheria in the AFR.
(Spheria is one of the main shareholders).

Main reasons given by the fund manager :
- turnaround by new management,
- massive discount to its peers,
- store footprint mature, but well placed to expand the digital business (+ 50 % last year),
- plenty of upside in store operating metrics,
- "company currently trading on only 4 times pre-tax earnings".
***

Thanks sb9

Seems e can't lose holding MHJ for while

The market will wake up one ...oon I hope

[Rawz]

Thanks sb9

Seems e can't lose holding MHJ for while

The market will wake up one ...oon I hope

YTD return 50.68% Best performing retail stock on the nzx this year.
No1 holding for me. Really saved my portfolio returns this year after hopeless PX1 destroyed some of my capital.

People should also take heart from retail Master Rod Duke comments this morning. If he says retail spend will be higher than last year it probably will be.. wow imagine if MHJ do more than last year! Could do $46-48m in profits, OMG this is cheap!

[Waltzing]

This spring enthusiasm from investors is what markets love to hear.