BGR - Briscoes Valuation

[IAK]

Well done Briscoes - respect.

[Beagle]

I reckon the pressure will come on the others once the election is over if they are not forthcoming.

On what basis ? Change the law retrospectively and do a complete about face on the terms of the wage subsidy scheme that Labour itself established ?

Labour set the terms and there are many companies that claimed the subsidy that are well within the scope of those terms so are perfectly entitled to it and should keep it.

Lets all not forget that the wage subsidy was intended to keep staff in work and only covered part of the staff costs.

Minority shareholders deserve the respect to undertake their own philanthropic decision making without having extraordinary rich businessmen impose their wishes on minority shareholders.

Call me a cynic if you like but I think its a cunning marketing ploy to pretend to be "Mr Nice guy" so that customers spend up big at Briscoes stores in the lead up to Christmas.

Briscoes have been running disingenuous and in many cases very misleading sales and marketing programs for many years...their regular prices are a total rort. Rod Duke Mr nice guy...yeah right....where's my Tui ?

[winner69]

On what basis ? Change the law retrospectively and do a complete about face on the terms of the wage subsidy scheme that Labour itself established ?

Labour set the terms and there are many companies that claimed the subsidy that are well within the scope of those terms so are perfectly entitled to it and should keep it.

Lets all not forget that the wage subsidy was intended to keep staff in work and only covered part of the staff costs.

Minority shareholders deserve the respect to undertake their own philanthropic decision making without having extraordinary rich businessmen impose their wishes on minority shareholders.

Call me a cynic if you like but I think its a cunning marketing ploy to pretend to be "Mr Nice guy" so that customers spend up big at Briscoes stores in the lead up to Christmas.

Briscoes have been running disingenuous and in many cases very misleading sales and marketing programs for many years...their regular prices are a total rort. Rod Duke Mr nice guy...yeah right....where's my Tui ?

Rather have a Fosters if i was really desperate

Jeez I love it when you get really really grumpy

[couta1]

On what basis ? Change the law retrospectively and do a complete about face on the terms of the wage subsidy scheme that Labour itself established ?

Labour set the terms and there are many companies that claimed the subsidy that are well within the scope of those terms so are perfectly entitled to it and should keep it.

Lets all not forget that the wage subsidy was intended to keep staff in work and only covered part of the staff costs.

Minority shareholders deserve the respect to undertake their own philanthropic decision making without having extraordinary rich businessmen impose their wishes on minority shareholders.

Call me a cynic if you like but I think its a cunning marketing ploy to pretend to be "Mr Nice guy" so that customers spend up big at Briscoes stores in the lead up to Christmas.

Briscoes have been running disingenuous and in many cases very misleading sales and marketing programs for many years...their regular prices are a total rort. Rod Duke Mr nice guy...yeah right....where's my Tui ?

Its all about perception Beagle.PS-Dont worry the HLG divvy will still be safe if they pay back the 5 mill odd, just the sp movement may be crimped for a while.

[Beagle]

Its all about perception Beagle.PS-Dont worry the HLG divvy will still be safe if they pay back the 5 mill odd, just the sp movement may be crimped for a while.

Yes...it is all about perception, a trick Rod Duke has been using very successfully for many years. He makes people perceive they are getting a bargain when they're not.
The last time I went into Briscoes...I don;t bother now unless there is no alternative I was looking for a very small lite vacuum cleaner for my office a few months back, not a huge area to vacuum and was tired of lugging the big home vacuum cleaner down to my office.

Went into Briscoes and they has some small cheap piece of Chinese made junk there for $599 but was on sale for more than 60% off at $199. What a bargain...but my Beagle nose smelled a rat because it was so small and pathetic and couldn't possibly be worth anything like $599 retail which seemed like a total rort.

Went into Placemakers afterwards to spend my airpoints before they expire or get confiscated by Air New Zealand and bought a better looking more robust looking machine for $99. Briscoes have been rorting customers for decades with their fake sales...just go to K Mart and their regular everyday prices are generally around half what Briscoes prices are on so called sale.

People thinking this is a decent company doing the right thing are simply not aware that Briscoes use some very disingenuous sales tactics on unsuspecting people and have been doing so for decades.

[winner69]

A bit like Hallensteins denims at $99
59.
Only buy them when they down to NOW $29.99

That's marketing for you

[couta1]

When is a sale not a sale? when its a permanent Briscoes sale.

[Beagle]

A bit like Hallensteins denims at $99
59.
Only buy them when they down to NOW $29.99

That's marketing for you

Suppose I better not post another link to a hot model on a Glassons website wearing a tiger bikini for only $19 lol

[Beagle]

When is a sale not a sale? when its a permanent Briscoes sale.

Its amazing how many people are conned by this though. The lovely Briscoes lady, Tammy wouldn't get involved in anything disingenuous, surely not

[winner69]

When is a sale not a sale? when its a permanent Briscoes sale.

Biggest price fixers are Mitre 10 and Bunnings

The find the same product at a lower price and we beat it by 15% or whatever is just price fixing

Don't stock much product in common and no incentive to lower prices of common products is there