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  1. #951
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    These were 24c last year. Should have been brave. But I can remember when they were about 1.30 did they have a share split or just underperform.

  2. #952
    Guru Rawz's Avatar
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    Quote Originally Posted by Nor View Post
    These were 24c last year. Should have been brave. But I can remember when they were about 1.30 did they have a share split or just underperform.
    Shoulda woulda coulda. We all wish we bought more during the COVID lows. Don't punish yourself. Hindsight is a wonderful thing.

    No share split. Market just punished them for turning in some bad numbers during their restructure. We are past that. Nothing but a cash cow now. More consistent the cash is the more re-ratings we will get. Once traded on a 20 P/E

  3. #953
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    Quote Originally Posted by Rawz View Post
    Shoulda woulda coulda. We all wish we bought more during the COVID lows. Don't punish yourself. Hindsight is a wonderful thing.

    No share split. Market just punished them for turning in some bad numbers during their restructure. We are past that. Nothing but a cash cow now. More consistent the cash is the more re-ratings we will get. Once traded on a 20 P/E
    And much of that new look is attributable to Rob Fyfe. He seem to have turnaround company's fortunes over past few years and results are evident now. And no wonder the founders have given reigns to him by appointing him as new Chair.

  4. #954
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    as they say in Norway Fantastic!

    in Norway they "Hunt the Light" , an actual activity.

    Rob Fyfe "Hunts Profits"

    Profits equal Light, No profits its lights out.

    Nice retail stock.

    The light here in summer is just to harsh.


    Last edited by Waltzing; 23-07-2021 at 01:10 PM.

  5. #955
    ShareTrader Legend Beagle's Avatar
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    https://www.nzherald.co.nz/nz/whakat...MWINX2Y32N5F4/

    On and on it goes...probably plenty more to come to fund some people's meth addiction.

    Is insurance covering all these ram raids ? Will they be able to get insurance next year ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #956
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    Quote Originally Posted by Beagle View Post
    https://www.nzherald.co.nz/nz/whakat...MWINX2Y32N5F4/

    On and on it goes...probably plenty more to come to fund some people's meth addiction.

    Is insurance covering all these ram raids ? Will they be able to get insurance next year ?
    Thinking from another angle: MHJ products are so popular. Seems I haven't heard other jewellery shops are burglarised so frequently.

  7. #957
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    Some heavy duty security barriers will need to be installed where possible at all shops for sure.

    Its a dangerous country these days.

  8. #958
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    Percy said on WHS thread -

    ]Well looks as though retail is boooooooooooooooming.
    Went to Westfield Riccarton at 11.30 this morning.
    Even Michael Hill had customers.!!.


    Should push share price to that much anticipated $1
    Last edited by winner69; 01-08-2021 at 03:28 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #959
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    what will the Aust & Canadian operations likely see ?

    NZ must be only one part of the MHJ operation

    How's the Aust ASX market faring in state wide lockdowns ?

    Will MHJ slide similar to many ASX listed companies on the back of extended lockdowns over in the scorched territory opposite ?

    Bear in mind where MHJ was priced last April in depths of the vast Covid dip devoid of much retail activity

    These guys mostly operate on hoofs coming into the front doors of the stores - dont they ?
    unless they have put a rocket under accelerating their ecommerce strategy since ..
    Last edited by nztx; 02-08-2021 at 03:04 AM.

  10. #960
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    Quote Originally Posted by nztx View Post

    These guys mostly operate on hoofs coming into the front doors of the stores - dont they ?
    unless they have put a rocket under accelerating their ecommerce strategy since ..
    MHJ are one of the best in the online space. Online sales has seen 100% pcp growth over numerous periods now. 'Brilliance' membership numbers are growing incredibly well. During covid they did online one on one video call sales.

    MHJ created Medley (https://medleyjewellery.com.au/pages/about-us). An online only Jewellery store. Selling the 'fast fashion' stuff. Target market Australia.

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