Noodles - the nzdusd rates in your spreadsheet, where did you get them from?
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Noodles - the nzdusd rates in your spreadsheet, where did you get them from?
Thanks
Wouldn't want to get back to 2001 levels would we
I know of several outfits that had a reliance on imported goods really suffering and losing money from drastically reduced margins.
Comes down to pricing power and many cant recover all the extra costs or maintain margins.
Fantastic news for CHCH agreed.
However if I were still a retailer, or a shareholder of a retailer, I would much prefer to be located somewhere where there were customers.
Be a good many years before any central ChCh retailer sees sufficient customers, to make a retail store profitable.There is a lack of parking which is unacceptable ,and still very few businesses in central ChCh.Shoppers have also been well served by suburban malls.
New building standards mean new buildings are costing a great deal more to construct.Landlords need huge rents to make construction viable.Retailers will struggle.Think of KRK trying to stay in business,moving into a lovely new building,and paying three times the rent they used to pay.!!!
ps.I know KRK are giving up the struggle.
Anthony Gough is struggling to get tenants for his bars.Says he is not putting up the rents from the previously huge amounts he charged for worn out old buildings.He will be lucky to attract tenants at half those rents in my opinion.
Assuming HLG have some sort of forward hedging matrix for imported stock, they'll have it all over the foreign based on-line retailers currently, as the NZD price effect changes with every update of the spot price. Our young 'uns might even venture into a store!
baabaa - I liked the cycles on your chart, very cyclical weren't they
On a very long term chart one could say that HLG is still in a uptrend
Also forming a wedge - I reckon in 2022 the share price will have a go at breaking through $5.50 again
Well get there, eventually. Just pick up the divies along the way