quote:
Originally posted by winner69
Quote:
quote:
Originally posted by icehot
Quote:
quote:Originally posted by winner69
Note Millers are going to write-off $25M of stock ... probably going to have lots of sales by rhe sound of it
And close 80 stores and make a provision of $30M to cover this
And the discount variety business is deemed to be worthless and and write down the $31M they had it on the books at
Hasn't the WHS done well in stuffing this business in a big way
And of course WHS aren't affected by the actions they have taken to stuff the opposition .. aren't they doing well in Australia?
Hope making big writedowns isn't catchy
Well said, W69!!!!!! Share price then was $3.27 - so gain of 20% in 3 months. You don;t read this stock well, do you? [^]
Everything correct in that toungue in cheek posting .... it did say they are doing well in Aust and it did say writedowns coming
The only decent eise I have missed out with WHS was when it went from the low 400s to 600 odd in 2003.
Enjoyed what was going to be a short term trade but lasted for years until it reached close to 800 in 2002 .... out since then .... missed the decent rise mentioned above ..... and even though the current company performance is atrocious positive market sentiment, selling Au rumours and price momentum did put another 20% in winners bank account.
Sold out early last week but you must still be in icehot.
Good luck ... you never know when I might join you when that run to 600 starts