EstarOnline Ltd

[percy]

I note in articles in this morning's The Press and The Age on line sales for the year are up 27% in Australia and expected to increase 25% for the next 5 years,while traditional retailers enjoyed 2.6%.
www.estaronline are at the right place at the right time.

[stoploss]

I note in articles in this morning's The Press and The Age on line sales for the year are up 27% in Australia and expected to increase 25% for the next 5 years,while traditional retailers enjoyed 2.6%.
www.estaronline are at the right place at the right time.

thanks Percy, exactly why I purchased stock in this company. Hoping they can grow with this explosion in online sales. Here is another article ....http://www.marketwatch.com/story/us-...ore-2013-01-03

[percy]

Good to read in The Age that www.estaronline.com customer, Country Road continues to "evade the gloom weighing on Australia's rag trade."

[stoploss]

http://www.bloomberg.com/news/2013-0...ion-foray.html

[percy]

http://www.bloomberg.com/news/2013-0...ion-foray.html

Thanks stoploss for the link.Excellent article.

[percy]

I read in today's The Age that www.estaronline.com 's client; JBHi Fi, online sales in the six months to December grew by 40% from the previous corresponding period.
Bet that kept the staff at www.estaronline.com busy.

[percy]

Last time I had a look at this, about 6 months ago, the website was listing resent trades at around 8.5 cents, may have been some higher - so seems to have gone backwards since then. Is there any value in a listing?

Just making room for you to get on board.!!!! lol.
I am happy to hold.Should be an announcement shortly,on what trading platform they will go with.
And as always I look forward to the trading update and dividend announcement.
If their clients are getting these huge increases with on line sales,it's got to be good for www.estaronline.com

[percy]

Percy do you have a view on whether the divy might see an upward move this year?

Yes,no as they have had a lot of expenses ; building staff numbers,setting up Australian office,buying their buildings.
However, I am pleased to see them investing in the business ,which inturn will generate greater profits and better dividends.
What surprises me is the HUGE growth their clients are getting.40% from JBHiFi is HUGE and client Briscoes also reported HUGE increases from on line trading.

[CJ]

Should be an announcement shortly,on what trading platform they will go with.

Are they planning on listing?

[percy]

Are they planning on listing?

The Financial Market Regulators do not like companies who facilitate trading "in house"as www.estaronline.com have done in the past.
Estar are having a board meeting sometime this month,where this will be discussed.I am not privy to their ideas,so can't comment.