Noticed today a single trade 316500 @ $3.09. The only buyer of any significance of late has been the "Normans" so perhaps they adding to their position. Guess time will tell if SHH filed.
Printable View
Noticed today a single trade 316500 @ $3.09. The only buyer of any significance of late has been the "Normans" so perhaps they adding to their position. Guess time will tell if SHH filed.
Until there is a wholesale change of directors, ain't nothing is going to change with The Warehouse and its fortunes - a bunch of tired old retailers and directors lost in the retailing space.
Keith Smith especially has to go - he is so well past his used by date he represents a Austin Minor in a world of Hyundai's and BMW's.
I went to the WHS on Sunday, spent some $ as you do, am a holder but I think the format is pretty unappealing, maybe its just the items they sell?
Agreed - shopping with the Warehouse is sort of a mixed bag. Had over the last 3 months some quite good shopping experiences at one of their newer "Extra" warehouses (Riccarton), but as well some frustrating experiences in one of the older and clearly untidier outlets (Hornby). Maybe its just the local manager - and I think they are overall improving, but they need to work on creating a more consistent positive customer experience across their chain.
They have just changed the layout but not sure what its achieved?
Shop stocks are doing badly overall; might be some fundamental shift in progress, e.g. buying online. Imagine how they'll do if the exchange rate falls more.
It's puzzling though isn't it Bunter, when the likes of the Normans (Farmers, Pascoes etc) buy in?
FY as expected
Looking forward how can it go wrong
In the presentation pack key words -
positioned ....only 2 times
Leverage(d) ...... some 11 times
Growth ......amazingly 19 times
So in the summary I think they are saying they are well positioned to leverage the strategic changes made to achieve growth.
Result they say a better financial performance in FY15
PS - I overlooked the 14 strategy type words. They have a plan