WHS - Warehouse Group

[sb9]

Noel Leeming only decent part of WHS group.

Even NL is not great from customer service point of view, had a very bad experience recently (long story) and makes you wonder how do they train their staff...suppose its all about $, no one cares a hoot about customers...

[ratkin]

Even NL is not great from customer service point of view, had a very bad experience recently (long story) and makes you wonder how do they train their staff...suppose its all about $, no one cares a hoot about customers...

Yeah they are shocking. Took an order from me for something they knew perfectly well would not be available for many months, only became apparent to me when I queried why it was taking so long. They tried to put all the blame on the person who took my order.

[peat]

yes NL and JB Hi-fi recently were offering some speakers for my PC that I wanted for $320 but indeterminate delivery date.
Harvey Norman had stock but were $399.
Sometimes you have to pay if you actually want
Just like shares that are illiquid lol.

[Beagle]

yes NL and JB Hi-fi recently were offering some speakers for my PC that I wanted for $320 but indeterminate delivery date.
Harvey Norman had stock but were $399.
Sometimes you have to pay if you actually want
Just like shares that are illiquid lol.

Seeing this right across many industries. Pre Covid pricing when supply chains and shipping lines were in a normal state and post covid pricing where if you are fortunate to procure the item you want, the chances of getting any sort of a deal are minimal.

Agree 100% with Winner, Noel Leeming is by far the best part of the WHS group.

[sb9]

Yeah they are shocking. Took an order from me for something they knew perfectly well would not be available for many months, only became apparent to me when I queried why it was taking so long. They tried to put all the blame on the person who took my order.

Mine was even worst, offered me (via an email) free redemption of headphones of an order still to be delivered due to supply chain issues, which was fine by me. However, when I went into store to redeem they've no clue nor does their call centre and they had to check with their merchandise team which took good a week or so, nuff said..

[bull....]

further on JB HIFI the ceo commented that strong sales continued in January and they see no let up in demand while travel is restricted. also they have been able to lift there margins during this period.

be interesting if the warehouse in NZ report along similar lines. ( warehouse most relevant to JB cause of noel leeming and to a lesser extent warehouse itself games , electronic's)

[JohnnyTheHorse]

Wow retail is on absolute fire. Another huge upgrade from WHS - half year NPAT from >$90m to >$110m and it has been 1.5 months since that last upgrade. Margins improving too from 170bps to 185bps. Suspect those margins will do even better with this strengthening dollar.

https://www.nzx.com/announcements/368233

[nztx]

Yes indeed Retail is doing well - watch for HLG & BGP to follow suit ..

[bull....]

Wow retail is on absolute fire. Another huge upgrade from WHS - half year NPAT from >$90m to >$110m and it has been 1.5 months since that last upgrade. Margins improving too from 170bps to 185bps. Suspect those margins will do even better with this strengthening dollar.

https://www.nzx.com/announcements/368233

your not wrong i think things will do very well for them in the for see able future all the stars aligning. hoping for a extra big div now

[nztx]

Following closely on heels of what WHS are paying 4 Mar 21 for last year -- SP may well accelerate towards the 4-00
if they pay an extra generous H1 Interim Div ..