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11-01-2016, 05:09 PM
#1991
Surprise on the upside
As far as excuses go this one is a classic.... "the impact of the 53rd week in FY15, "
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12-01-2016, 12:15 PM
#1992
Posted in November.....so did you follow through Winner? Your crystal ball was humming....
Originally Posted by winner69
That's a very positive sales update from the Warehouse this morning
Note that margins are up
This could well be one of their better years,the first of many.
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12-01-2016, 12:49 PM
#1993
Originally Posted by BIRMANBOY
Posted in November.....so did you follow through Winner? Your crystal ball was humming....
No I didn't Birman. No worries though as share price is still a tad lower than it was at the time of that Nov announcement.
Bit worried when Chairman Ted said, “?...We now expect that full year profit to be up on last year, although not to the same extent as these first half results ....."
Hmm H2 not very good then ...hmm
Never mind birman - no matter what you'll get your dividend eh.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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12-01-2016, 01:43 PM
#1994
All those Dick Smith customers will be looking for somewhere to spend their money one might hope.
Originally Posted by winner69
No I didn't Birman. No worries though as share price is still a tad lower than it was at the time of that Nov announcement.
Bit worried when Chairman Ted said, “?...We now expect that full year profit to be up on last year, although not to the same extent as these first half results ....."
Hmm H2 not very good then ...hmm
Never mind birman - no matter what you'll get your dividend eh.
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12-01-2016, 05:58 PM
#1995
Member
With Dick Smith being on the block, the WHS could be interested at having a look at their books.
Originally Posted by BIRMANBOY
All those Dick Smith customers will be looking for somewhere to spend their money one might hope.
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12-01-2016, 06:05 PM
#1996
I kind of hope not. Warehouse, NL, Torpedo 7, Whs Stationary and a huge online machine, not to mention Finance and Phones. Time to get down to business with what they have.
Last edited by Bobdn; 12-01-2016 at 06:06 PM.
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12-01-2016, 08:10 PM
#1997
Originally Posted by Bobdn
I kind of hope not. Warehouse, NL, Torpedo 7, Whs Stationary and a huge online machine, not to mention Finance and Phones. Time to get down to business with what they have.
Torpedo 7 a pretty good shop, one at tower junction always packed out, sell some decent running and hiking gear. Suspect Noel Leemings is the weak link
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13-01-2016, 10:29 AM
#1998
Well with DS out of action that should help NL.. and hopefully WHS will stay well away form doing anything with DS.
Originally Posted by ratkin
Torpedo 7 a pretty good shop, one at tower junction always packed out, sell some decent running and hiking gear. Suspect Noel Leemings is the weak link
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13-01-2016, 10:51 AM
#1999
Originally Posted by BIRMANBOY
Well with DS out of action that should help NL.. and hopefully WHS will stay well away form doing anything with DS.
Retailing industry going through classic consolidation through mergers, acquisitions and plain closures.
Not necessarily a bad thing for WHS to buy Dick Smith, if it can be obtained real cheap.
Farmers getting ready to make its move and Briscoes is ripe for some real competition in its product range, given Warehouse/Farmers combined purchasing power.
Interesting times ahead.
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13-01-2016, 10:54 AM
#2000
Dicksmith have good store locations IMO, I think that is somewhat of a positive if they can buy it for peanuts
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