yeh a good divi based on return % (of price paid)
even better at todays prices (over 10% on DB)
some people need returns on capital, without looking to chop and change all the time.
Printable View
yeh a good divi based on return % (of price paid)
even better at todays prices (over 10% on DB)
some people need returns on capital, without looking to chop and change all the time.
Mine is also in the bank, but I suspect I'd have to move the decimal point to the right a couple of places to match couta's ... :scared: Still much appreciated. :t_up:
http://www.sharechat.co.nz/article/b...o-take-offhtml
When that joint credit card bill comes in after Christmas looks like Peat and Maverick should be very afraid :)
"However, the spend-up is highly variable across the country. The biggest increase was by people in Whanganui, up 8.2 percent"
I wouldn't have thought I was that big a spender as to push around national figures. Haha. That said that guy at Harvey Norman will almost certainly get a bonus this year. Noel Leeming not so much , they always seemed to be one step behind eg they only had the Apple watch series 3 even when the 4 had been out for ages. I havent bought anything at Hallensteins yet either , but when I do the share price should improve. lol
All our family are buying at Hallensteins/Glassons and only drinking A2 milk now, always support the hands that feed you.
Some more quotes from the sharechat article:
"spending excluding fuel jumping to $1.27 billion in the second week of December, up 6 percent compared with the first week."
“Spending is expected to jump again this week, both relative to last week and in terms of the annual growth rate”
"...over Saturday and Sunday where underlying spending amongst core retail merchants was up 5.5 percent and 4.6 percent respectively on the same days in 2017"
Ties in rather well with the retail, trade and accommodation section of the live gdp forecasting - which looks looks very promising.
https://www.nzherald.co.nz/nz/news/a...ectid=12179428
That's a lot of extra wages for young employees. Some retailers will feel this. But wait three's more. A planned increase of a whopping $1.70 an hour extra from 1 April 2020. http://www.sharechat.co.nz/article/2...nimum-wagehtml
On the other side of the ledger though, this will put more money in the hands of many young people many of whom are HLG's target market so maybe its a net neutral ?