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23-03-2020, 05:03 PM
#3091
No Loqumania Turkish Delight at Barrington,Eastgate or online.
Must be good for fighting the CoronaVirus.?..lol.
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23-03-2020, 05:16 PM
#3092
Originally Posted by percy
No Loqumania Turkish Delight at Barrington,Eastgate or online.
Must be good for fighting the CoronaVirus.?..lol.
LOL - We really do need some humour after a day like today. Thank you.
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
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23-03-2020, 05:41 PM
#3093
Originally Posted by Beagle
LOL - We really do need some humour after a day like today. Thank you.
Yes, what a day. Very heated all round. Had to go for a run and open a bottle of wine to calm down.
Finally dipped toe into the market with the warehouse near close of play. Has to be good value now surely. They are quite conservatively geared at 12% Dividend due, but maybe they will cancel that, might not be a bad idea.
Will probably go lower but still have Nine toes to dip in. I noticed volume was very low, it was just small players bailing out, but most buyers been scared off
The Bond letter finally arrived Beagle.
Last edited by ratkin; 23-03-2020 at 05:43 PM.
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23-03-2020, 06:48 PM
#3094
Member
Originally Posted by ratkin
Any chance the Warehouse can be on the essential list? They do sell some food and drug related stuff.
Just heard a rumour they're remaining open. They really shouldn't be, but obviously justifying it to themselves somehow
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23-03-2020, 06:59 PM
#3095
Originally Posted by ratkin
Yes, what a day. Very heated all round. Had to go for a run and open a bottle of wine to calm down.
Finally dipped toe into the market with the warehouse near close of play. Has to be good value now surely. They are quite conservatively geared at 12% Dividend due, but maybe they will cancel that, might not be a bad idea.
Will probably go lower but still have Nine toes to dip in. I noticed volume was very low, it was just small players bailing out, but most buyers been scared off
The Bond letter finally arrived Beagle.
That's good. I invested more in Kiwibonds today. Return OF money, more important than return ON money at present. As far as I am concerned its all about locking in the profits of the 11 year Bull run and mostly keeping out of the way of the bear. That said $1.50 for WHS is breathtaking value considering their report was very good. Low debt is a good thing for WHS. If they are deemed an essential product supplier you might have timed your purchase very well !
Last edited by Beagle; 23-03-2020 at 07:01 PM.
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
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23-03-2020, 07:16 PM
#3096
Originally Posted by Beagle
That's good. I invested more in Kiwibonds today. Return OF money, more important than return ON money at present. As far as I am concerned its all about locking in the profits of the 11 year Bull run and mostly keeping out of the way of the bear. That said $1.50 for WHS is breathtaking value considering their report was very good. Low debt is a good thing for WHS. If they are deemed an essential product supplier you might have timed your purchase very well !
Yes at least the bonds is money will still have in a years time. If you top up do you have to fill a whole new form again? Have a few more term deposits maturing soon and should be buying a few more stocks by then.
Suspect this shutdown will last much longer than Four weeks though, but we shall see.
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23-03-2020, 07:24 PM
#3097
New form and new interest rates today. https://debtmanagement.treasury.govt...e110-mar23.pdf
Best bit about the Kiwibonds is you can get your money back with 7 working days notice so at the very first sign of a glimmer of light at the end of the tunnel...
WHS should be okay though but where it bottom's out is anyone's guess ?
Last edited by Beagle; 23-03-2020 at 07:26 PM.
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
-
23-03-2020, 07:24 PM
#3098
Originally Posted by Beagle
That's good. I invested more in Kiwibonds today. Return OF money, more important than return ON money at present. As far as I am concerned its all about locking in the profits of the 11 year Bull run and mostly keeping out of the way of the bear. That said $1.50 for WHS is breathtaking value considering their report was very good. Low debt is a good thing for WHS. If they are deemed an essential product supplier you might have timed your purchase very well !
Will be interesting to see if they remain open. Is important to keep in mind as well that this is the Warehouse group of companies, and a lot of these companies probably will do quite terribly (warehouse stationary, torpedo7, the pet one, the fitness one...etc - Albeit red sheds might outperform relative to competition and does make up a good chunk of group sales)
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23-03-2020, 07:27 PM
#3099
Originally Posted by trackers
Will be interesting to see if they remain open. Is important to keep in mind as well that this is the Warehouse group of companies, and a lot of these companies probably will do quite terribly (warehouse stationary, torpedo7, the pet one, the fitness one...etc - Albeit red sheds might outperform relative to competition and does make up a good chunk of group sales)
And Noel Leeming.
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
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23-03-2020, 07:31 PM
#3100
I’d be pissed off if they remain open when nearly everybody else has to close.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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