do you think the "living wage" plan will address this or is it just money to the bitter old long term employees?
Once again, I don't really deal with the customer facing side of things. I deal with trucks and containers coming in and pallets and trucks going out and making this process as quick and cheap as possible.
If something is better quality or a cheaper price I couldn't give a toss where it comes from or who owns the company.
I'd buy my Masport Motor Mower from Mitre 10 rather than Bunnings
But then I don't need a Masport Motor Mower but replaced the Husqvarna line trimmer from the local mower specialist (still surviving even with he big boxes) ....Husqvarna are NZ made aren't they ... whoops
Masport keeping NZ in jobs and at least Mitre 10 profits stays in NZ unlike Bunnings ..... what then Bunnings make stuff all profit in NZ ... but they keep quite a few in a job so that's good
If something is better quality or a cheaper price I couldn't give a toss where it comes from or who owns the company.
Yet you claim to value customer service. Does this factor into your purchase decision?
It factors into mine.
So now I have Quality, price and service on my list and I also consider follow up service. I'd rather buy say Masport from my local lawn mower shop than whatever Kmart are offering today no matter what the cost as if I want to have it serviced or have questions about it I can actually get answers from knowledgable people.
I also add choice. If we lose say Masport they won't be coming back and your choice will eventually be zhongchen. If on the other hand we lose zhongchen there will be someone to replace them in a jiffy.
Then there are skills, NZ has many talented people, do you wish to support and develop them or encourage them to go off shore for work. There's only so many people can unload trucks and pack shelves.
To be sure, not all elements are present in every purchase but are often worth considering.
Performance Rights issued today 1.3m shares to executives of WHS. The target is over a three year period Oct 2013-Oct. 2016 for total SH return $1.26 (equiv. 42c per year). Total SH return is described as capital gain plus dividends. If target is to be met, just using current dividend (22c) equates to 66c and 3 years of capital gain each at 20c to meet minimum performance target. Should dividends however be greater or less over the period the capital gain would need to adjust accordingly. However in the event dividends are increased over the period this in itself will accelerate the SP. So based on the exercise of the current dividend for next 3 years the SP by Oct. 2016 would need to be $4.30 based on todays SP $3.70. Could this be a factor in why the SP has recently been unexciting (and keeping in mind SP quickly rose to $4.40 earler in year).
WHS has broken out of its 6 month downtrend. Has also broken back through the 200dma and has also broken out of a Bollinger squeeze. MACD is about to break through the zero line and all other indicators are looking good. Given the current market environment and an upcoming dividend, I'm quietly confident that we will reach the 440 highs again.
WHS has broken out of its 6 month downtrend. Has also broken back through the 200dma and has also broken out of a Bollinger squeeze. MACD is about to break through the zero line and all other indicators are looking good. Given the current market environment and an upcoming dividend, I'm quietly confident that we will reach the 440 highs again.
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