THE KING says just to put yer both in the picture thos same reading Glasses as seen in Ware sell in AUS for AU$2.99.. [^][^][^]
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THE KING says just to put yer both in the picture thos same reading Glasses as seen in Ware sell in AUS for AU$2.99.. [^][^][^]
YOUR MAJESTY, I thought harods would be your shopping place. Nice to see you mingle with the peasants on the shop floor. macdunk
THE KING says Well yer WRONG make beleive SCOT.. [^][^][^]
... but there is only one lens ... for one-eyed aussiesQuote:
quote:Originally posted by THE KING
THE KING says just to put yer both in the picture thos same reading Glasses as seen in Ware sell in AUS for AU$2.99.. [^][^][^]
WINNER 69, Sorry you are wrong its the one eyed poms that buy those they call them monarckles.
Sorry your majesty no pun intended. macdunk
THE KING says if the worst happened and Ware hit the WALL what would NZ`ers have to talk about ,, bet it wont be CRICKET.. [^][^][^]
Your majesty, we will always have the under arm bowling incident to keep us amused. He had to be an HORSTRILIAN not the british thing to do. YOUR LOYAL SUBJECT MACDUNK
Better end of town (Pumpkin Patch, Hallensteins, Michael Hill etc) appear to be doing OK but the cheap end of town (BGR and Postie Plus) struggling.
What about WHS then
Macdunk says estimate what the next result will be and position yourself accordingly. So here goes .... what I think the 1st half WHS profit announcement (in Feb) will look like
Red Sheds profit for the 2nd half of their 2004 year were down on the previous year. The announcements since have not been good ... price deflation and higher expenses etc ... so expect continued reduced profits (compared to the same period last year) from the Red Sheds for the 1st half of their year. Those Red Sheds are a real problem at the moment.
Stationary is a problem child ... margins shot and volatile sales ... at best profit about the same as last year
Australia - sales not fantastic but reduced losses
So overall, at best, profitability for the 1st half of the year about the same as last year .. ironically because of reduced losses in Australia offsetting reduced profits out of the Red Sheds. Who would have thought that Australia would make the situation look better. But then we should not be surprised if there just happens to be some large abnormals like stock writeoffs.
In view of WHS management 'being comfortable' with latest estimates of $80M profit this year this sort of result would not be a good result.
So Macdunks methodology would be to stay out of WHS until the next profit announcement and review any investment intentions then.
No, no, no, w69 you forgot to ask the tea lady.
Can anyone post a link to Phaedrus last WHS chart showing where the upward trendline is that needs to be crossed.
K1w1,
Upward trendline? WHS is in a [u]downtrend</u>.
There is a tentative short-term downward trendline in place, and a confirmed long-term downward trendline is also in place.
I am happy to post the chart again, if you like.