I think you are correct.
I was told Smiths City always put the hp in the wife's name,so if hubby did a runner, welfare would pick up the tab.!!
Printable View
Just keeping all holders in the loop. Final trade today at $2.93 (prev. sale $2.86) with 1.5m shares changing hands at the death. Again not a usual transaction for WHS and following a recent 400k sale. Perhaps some attention is warranted.
[QUOTE=kiwitrev;646635]Just keeping all holders in the loop. Final trade today at $2.93 (prev. sale $2.86) with 1.5m shares changing hands at the death. Again not a usual transaction for WHS and following a recent 400k sale. Perhaps some attention is warranted.
[QUOTE=ratkin;646703]Yes, looks like they feel that WHS is a bargain at the currently discounted prices. I tend to agree - retail should be good at least in the short term (Christmas sales - the US black Friday was a great start), but likely as well in the mid term, and despite the ailing finance arm do I think that WHS should be mid term one of the more solid players (and the disappearance of Dick Smith should help WHS sub Noel Leeming).
Well,
this was quick ... one week after going ex-dividend WHS recovered to pre-dividend levels. If anybody is in "dividend stripping" - this must be the stock (though not sure, it works always that way - DYOR and - just for the record - I do not recommend this strategy).
Discl: holding and no intention to sell ... retail in my view at current a good place to be and I love my dividends ;)
http://theregister.co.nz/opinion/201...rehouse-shares
Old news this article but one I had not previously sighted. Makes for interesting reading. Incidentally I'm surprised that no news feed (to my knowledge) have found the latest JP foray to be newsworthy. Perhaps that will change.
What's the average price Pascoe's have paid?
Anybody know