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
Agree 100%. You think you have found something that is cheaper at one from the same supplier, but on closer inspection it is 10mm or 20mm smaller, or some such thing like a different pack size. It's an absolute con job.
Agree 100%. You think you have found something that is cheaper at one from the same supplier, but on closer inspection it is 10mm or 20mm smaller, or some such thing like a different pack size. It's an absolute con job.
Bunnings have different SKU numbers and have used these, at least in the past, to avoid their "beat it by 15%" clause.
Also don't think you're getting a bargain on any and every product that these companies sell. There are large number of items that are more expensive at Mitre10 (for example) than other retailers. They bank on the big-box convenience factor, with low lead-in prices on regular sellers.
But worse still are the business practices of these two companies with their suppliers.
I don't have any specific information about how Briscoes interact with their suppliers, but I expect it will be very similar.
all time highs around 4.50 , im expecting it get smoked this time. forward sales into next year are looking all time great. justify all time high share prices
Hey Peat, out of curiosity do you only use a 6M period time frame to look on the chart when you want to make a decision? what can you comment on one year time frame? thanks.
Hey Peat, out of curiosity do you only use a 6M period time frame to look on the chart when you want to make a decision? what can you comment on one year time frame? thanks.
no
i dont limit to any particular time frame
i start at the long time frames and work down till i see something. in this case the 6 month chart showed what I saw the best.
EDIT MUCH LATER
the one year brings in the low from Covid and the high in Jan. it could show possible resistance at 4.48 (this years high in Jan) although I actually think that peak did not form a great resistance area but no doubt will wobble around a bit up here and of course my general view is that equities are overvalued so the overall market may have a bigger impact on BGP than anything else now. But I still hold BGP as 10% of equity portfolio after I got out of Michael Hill too early.
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