Ludicrous response.
What are the margins that Supermarket owners are making. That's Bull's point.
The actual profits of Supermarkets not the holding company.
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Could double from here but only if there's an absurd amount of speculation. A company is only worth the cash it's able to generate, it would take some absurd assumptions to say NIVIDA is worth 1.17 trillion us dollars. But hey, I could be wrong, are you able to justify NIVIDA's current valuation?
exactly , profit margins at supermarkets are very high.
this is not good look either spending greeflation money on rebranding
'Your timing is way off': Backlash to Countdown's $400m rebrand during cost of living crisis
https://www.stuff.co.nz/business/132...-living-crisis
VIDEO: How generative AI could supercharge the economy
https://www.abc.net.au/news/programs...nomy/102617558
Latest MHJ update and also from many other retailers is showing that conditions / economy is not as bad as expected at this time ...Companies are doing fine ...better ones are doing even better then PCP ...so either rates need go higher to control Inflation faster or need stay higher for longer ...doesnt look like much pain yet in the economy when even discretionary retail like MHJ is doing pretty well ...Or we may actually have very SOFT landing ....perfect situation .