Have you been buying any or just sitting on the fence / Maybe still waiting for that $1
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2 Portfolios have some in them. Not at 107.
However if sub 110 comes up again in the next 6 months and the Macro environment has not turned into a major crash we will probably add some to another Portfolio.
But Euro stocks are on the Radar now that Sweden and Finland havnt been invaded....
As one fellow said in Moscow "waving Nukes at Finland is just silly"
Gosh well maybe St Petersburg will be open for Sydney Tourist and Tourist from China before we know it.
Tourism will pick up in the Baltic's.
Even NZ may soon have a pick up in the next 2 to 3 years with Tourism and Retail Stocks will see an up turn in business.
It always was a buy/hold because of the cash pile. Trading so cheap. $40m profit through a recession I reckon
"Trading so cheap"
Cramer now thinks the same of that other big Jewel operation.. but that chart still looks a bit sloppy.
Still he knows the US markets.
Canada retail sales data out for March, confirming continued year on year growth for the retail segment where jewelry sits. April “preview” data indicates retail sales continued growing.
Couldn’t resist - had to nibble today!
well done that man, it riskie but long term should be an interesting play.
waiting for under 1 to add to some small positions in MHJ.
Action in a Michael Hill store
https://www.stuff.co.nz/national/300...broad-daylight
That video is out of control. Broad daylight smash and grabs with a stolen car with multiple people filming them.
100 is a nice round number .... they say nice round numbers often act as share price support levels
Therefore I don't expect the MHJ share price to fall below 100
Just in case it doesn't hold might put a bid in at 97 to use up some of punting spare cash
Next sales update in a few weeks time
Q4 sales should be a boomer ..... +25% on last year
That would take annual stores tp A$700m ..... another nice round number eh
Wonder what nice round number cash will be??