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21-05-2021, 04:20 PM
#4111
Warehouse could go into Aldi discount type supermarket format, just leave it on pallets. They are freeing up lots of space by no longer selling DVDs etc.
Spent a lot of time shopping in Lidl when in the UK. Something like that could do well. The supermarket sector in this country really needs a massive shakeup.
The likes of Lidl will not come here themselves because the market too small and remote.
Something needs to be done, as our supermarkets are among the most expensive in the world, we all being shafted
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21-05-2021, 04:22 PM
#4112
Originally Posted by ratkin
Warehouse could go into Aldi discount type supermarket format, just leave it on pallets. They are freeing up lots of space by no longer selling DVDs etc.
Spent a lot of time shopping in Lidl when in the UK. Something like that could do well. The supermarket sector in this country really needs a massive shakeup.
The likes of Lidl will not come here themselves because the market too small and remote.
Something needs to be done, as our supermarkets are among the most expensive in the world, we all being shafted
I couldn't agree more !!
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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21-05-2021, 04:25 PM
#4113
Originally Posted by ratkin
Warehouse could go into Aldi discount type supermarket format, just leave it on pallets. They are freeing up lots of space by no longer selling DVDs etc.
Spent a lot of time shopping in Lidl when in the UK. Something like that could do well. The supermarket sector in this country really needs a massive shakeup.
The likes of Lidl will not come here themselves because the market too small and remote.
Something needs to be done, as our supermarkets are among the most expensive in the world, we all being shafted
+1, no more dvds or bargain bin books.
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21-05-2021, 04:55 PM
#4114
Originally Posted by ratkin
Warehouse could go into Aldi discount type supermarket format, just leave it on pallets. They are freeing up lots of space by no longer selling DVDs etc.
Spent a lot of time shopping in Lidl when in the UK. Something like that could do well. The supermarket sector in this country really needs a massive shakeup.
The likes of Lidl will not come here themselves because the market too small and remote.
Something needs to be done, as our supermarkets are among the most expensive in the world, we all being shafted
Totally agree. The prices we pay in our supermarkets are an absolute rip-off. When I have visitors from rich countries like Austria or Denmark they cannot believe what prices we have to pay even if you factor in that we live at the end of the world. A duopoly doesn't constitute a competitive environment.
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21-05-2021, 05:14 PM
#4115
I put in a bid via Jarden Direct to buy some of the Foodstuffs WHS sell-down. I got two thirds of my order at $3.27 each.
Will be interesting to see the opening SP on Monday.
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21-05-2021, 05:58 PM
#4116
Originally Posted by pierre
I put in a bid via Jarden Direct to buy some of the Foodstuffs WHS sell-down. I got two thirds of my order at $3.27 each.
Will be interesting to see the opening SP on Monday.
Well done you. Good cheap buying that is for sure
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21-05-2021, 06:05 PM
#4117
VERY CHEAP. I am quite surprised they would sell at that price. They must have a very different view than I do about the future of the company.
Last edited by Beagle; 21-05-2021 at 06:07 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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21-05-2021, 06:13 PM
#4118
It's a rather illiquid stock. Maybe inclusion into the nzx 50 will help.
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21-05-2021, 06:14 PM
#4119
Originally Posted by Beagle
VERY CHEAP. I am quite surprised they would sell at that price. They must have a very different view than I do about the future of the company.
Thanks Beagle. I hope your view is the correct one.
"Don't be afraid to take a big step if one is indicated. You can't cross a chasm in two small jumps." David Lloyd George
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21-05-2021, 06:21 PM
#4120
Member
Originally Posted by Beagle
VERY CHEAP. I am quite surprised they would sell at that price. They must have a very different view than I do about the future of the company.
Maybe theyve been looking to get out for a while and cutting their losses after it's gone up a fair bit. Who knows what they want the capital for but then their bread and butter is groceries and not stock investing.
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