MHJ - Michael Hill International.

[Waltzing]

Ok another 100 on the fed funds rate coming....

its a sell or rather a trade as it will probably retest 100 at some point in the next few years...

since we are stuck in NZ might as well all go to the beach....


https://www.youtube.com/watch?v=402_IqgyaCo

[LaserEyeKiwi]

Lost store days probably just missing the walk by sales. Which are likely the small items.
Most lost store days transferred online if i was to have a guess.

Online sales were only 7% of MHJ revenue in the last year, and that is with stores being closed for the equivalent of one month.

“Likely the small items” Tell that to my wife! Ha ha. She has happily spent the equivalent of all my MHJ dividends this year on impulse buys at MHJ on mall outings.

I think for most people if you are spending upwards of $500 or $1000+ on a piece of jewelry, you want to see it in person, check it fits etc. I am also just guessing here, but I would say the situation is probably the opposite to what you guess, and in store ASP is likely much higher than online, especially when you account for the warranty upselling they attempt to do in store on every purchase.

[LaserEyeKiwi]

Stats NZ Sep retail report just out: card spending up 33% year on year.

Amazing what a difference non-essential retail shops actually being open will do for year on year comparisons.

[Waltzing]

well another jewel from the LEK report....

actual first hand news from the shopping front...

wont get a retest of 100 then?

damn... love those deep retest for retail trading... some stocks are trades others are long holds... till they arnt...

anyway if its long hot summer then its surfing and buy some new wet suits and rip curl tops...

[LaserEyeKiwi]

well another jewel from the LEK report....

actual first hand news from the shopping front...

wont get a retest of 100 then?

damn... love those deep retest for retail trading... some stocks are trades others are long holds... till they arnt...

anyway if its long hot summer then its surfing and buy some new wet suits and rip curl tops...

whose to say? One little Russian nuke and/or one little covid mutation could really carve a massive dent in ones portfolio.

[winner69]

Stats NZ Sep retail report just out: card spending up 33% year on year.

Amazing what a difference non-essential retail shops actually being open will do for year on year comparisons.

...and the sector Michael Hill in up 29% on last year ...apparel up 97% ... need a pendant to go with that new top?

[winner69]

Stats NZ Sep retail report just out: card spending up 33% year on year.

Amazing what a difference non-essential retail shops actually being open will do for year on year comparisons.

and 16% higher than Sept 2019

[Waltzing]

2024-025 after a land slide change of government with massive tax cuts and floating of government departments on the stock market...

the ZZZNX could have a massive year in 2026 and you will all get rich...

retail will explode in NZ on a scale never seen before and farmers will be popping champagne and wine companies will refloat from the top of the south...

NZX will have one of it most sucessfull yeers...

Buy in the next 12 months ...

no recession coming with record tax take and the population will want it back in tax cuts or higher wages....

it all gone south for the GV and you investors will be the winners() ****** --->>>> crap old forum technology no exploding staars...

[LaserEyeKiwi]

“Spherical Asset management” increases its holdings to 14.1% from 13.1%

http://nzx-prod-s7fsd7f98s.s3-websit...333/380907.pdf

Lots of buying and selling orders by the parties it invests on behalf of by the looks of it. Citibank being the largest client by a wide margin.

855118EC-C8F7-44C8-8D76-635920980EDF.jpg

[Muse]

“Spherical Asset management” increases its holdings to 14.1% from 13.1%

http://nzx-prod-s7fsd7f98s.s3-websit...333/380907.pdf

Lots of buying and selling orders by the parties it invests on behalf of by the looks of it. Citibank being the largest client by a wide margin.

855118EC-C8F7-44C8-8D76-635920980EDF.jpg

lots of buying & selling, but nett buying

all those 'registered holders' are for what its worth the custodians for spheria - not the underlying client. BNP, citi, JP morgan, northern trust, nab - its a whose who of the global custodians active in australia.