Originally Posted by
BIRMANBOY
The theory doesn't hold water ...why....what are you comparing WHS to? Underperforms in comparison to what else in its sector? Kathmandu, Briscoes, all the other retailers? I would argue that it outperforms most other of its competitors. There is absolutely no sense in comparing apples with oranges. Online shopping is utilized by middle and upper income earners mostly because they have easier access to internet, broadband, time and opportunity. My guess is none of the posters on this forum would go into WHS willingly because we think they are "beneath my position". Its like new car owners making disparaging remarks about the performance and reliability of some old "banger" going too slow on the motorway. All retail is suffering...so what...doesn't mean you cant still extract a good return out of WHS. Diversification means you should have a piece of assorted industries and sectors. Show me a better performer in retail over the long term than WHS.