"They will be helped enormously by the massive delays in buying from overseas"
Where do you think they get most of their stock?
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"They will be helped enormously by the massive delays in buying from overseas"
Where do you think they get most of their stock?
Ummm overseas? You're absolutely right clints but more relevant is that somebody buying a one-off online purchase could end up frustrated if there are delivery delays. Warehouse group stores will already have most/all their stock on hand ready for the season selling.
They seem to be keeping their supply chains going although there is likely some disruption. Point is customers will now buy whatever is there, as it is overnight delivery at the latest, rather than buy something in China that can now take literally months to arrive.
I would argue that in software development it does mean something and is a tool that can be applied to some types of projects. However when you hear things like "Our IT department is moving to an agile approach to work" you can be very certain that those people have no idea what they are doing. It's about fitting the right tool to the right problem, agile for agiles sake would be wasteful and slow in many cases.
It's the latest in a long line of these business fads where they start off meaning a specific principal but get so broadly abstracted as to be meaningless. Then the data comes in and it turns out adopting that approach produces no meaningful benefit for organisations because it's so poorly applied. I suspect many people already know this but need to keep up the corporate cheerleading for the sake of their careers.
The current surge in the WHS shareprice is really stupendous and it hasn't stopped yet .... onwards and upwards I hope
I still have a morbid fascination with things WHS and keep old stuff up to date
I've updated this table - one I created years ago to remind myself that no matter how tempting WHS looks as a long term buy and hold investment it rarely is.
It is one stock that defies the 'it's about time in the markets, not timing the markets' principle. Staying in WHS for long periods has not been that great a strategy - but timing the market has been very profitable.
But then again there has not been many years buying WHS has produced above average results - and buying a year ago (or like ratkin in March last year) might have been one of those times.
The table shows annual returns over many periods. It assumes you bought in July each year (WHS year end) and the returns include dividends.
Read as if you bought in July 2006 at $4.74 your 1 year return was 31.8% (timing the market) but if held until today your 15 year return has been 2.0% pa (time in the market not good)
Lots of red cells (negative returns) and a lot of orange cells (<5% pa returns) and not many green cells (above average returns)
Probably boring as and relevant for most as these days things are different ........but I find it interesting - just an insight from my morbid fascination with some things.
Great work W69
Just to clarify, I'm assuming the 2020 year still has six months to run until July 2021.. so it has potential to be the best performing year yet, mostly just the rebound. The company also seems very much stronger in terms of financial performance (higher gm on higher t/o) so I think that has not been factored in yet
When I bought I was firmly believing on "time in the market" and WHS has been my worse experience. I always says my learning increases everyday so in that regard last March it was hard for me to figure where the bottom was (to all the shares that I have in my watchlist). Neither I'd have thought of a recovery when I sold out a few months ago.
Anyway, I still keep learning.
things lining up for a great result and my guess div of 10 - 15c as a reward to s/h who have stuck with the company
Whatever the dividend will be, it will be for any shareholder at registration date, has nothing to do with whether they stuck with the company for years ... or just bought them :):
But yes, I suppose most retailers will have a good result after this Christmas and a post-covid catchup ... though it is in my view not clear whether this allows extrapolations into the future.