Did someone say something?
Attachment 11982
Printable View
Did someone say something?
Attachment 11982
Thinly traded stock, (and quite a while between drinks since the last trading update), so any information leaks could easily move the price quite a bit, so yeah, maybe a leaky ship with results pending ?
From 27 July 2020, my view is unchanged. I think with the massive drop in interest rates in recent months and the strong current trading outlook from HLG the other day people are joining the dots or hearing whispers of information, or maybe both. It crossed my mind to double down last week. Wish I had done it.
If they can maintain their previous track record of 16 cent annual fully imputed dividends that's 22.22 cps gross and a gross yield of just over 10% @ $2.20.
I think WHS will likely be held up by the media on the wage subsidy - high profile company, who received more than $55m, then restructured and made redundancies.....bit of red shed bashing......
Must be going to announce a 18 cent divie
Noel Leeming doing it for them
We done beagle on your little investment
WHS got mentioned TWICE in the leaders debate tonight as a company that behaved immorally with regard to the wage subsidy.
Collins says she'll claw it back. But Ardern doesn't go that far.
Not a good look.
(does anyone really care though?)
I don't get what the 'moral' argument is with the wage subsidy and the Warehouse. No-one employed at the Warehouse on the day of lock down lost their job until after the wage subsidy ended, The wage subsidy, as I understood it, was paid in a lump sum. But it all had to be spent on wages eventually. So it wasn't pocketed by the Warehouse. And there were many lock down costs for which the Warehouse received no subsidy. There was never going to be a guarantee that all jobs subsidized would eventually be saved, Some say that these Warehouse redundancies were on course to be made before Covid-19. Are these people suggesting that it would have been better if the redundancies were made at the start of lock down and no wage subsidies were drawn?
SNOOPY