Many reasons why they might sell their shares, only one reason they buy.....
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Your mate Nick bought some more at $4.10 http://nzx-prod-s7fsd7f98s.s3-websit...420/356330.pdf
Jeez he only had 20,000 before this (from 2019) and bought 50,000 the other day
Couldn't been too confident in outcomes of his strategy up to now but now he's going big....what confidence
You've got more than this no doubt ....I'm not quite there
But then Nick happy with his $2 million soon to be $3 million pay packet
3.80 was mentioned , topping up there? since the market doesnt believe the div will keep going. What happens when in 4 years time it does keep going... what then?
with nz moving to a living with covid strategy and rate rises coming tomorrow i think retail might not be as strong as this year going forward. time will tell
He bought 24,424 this morning @ $4.10. Probably looked at the new average target price of analysts of $4.45 or the highest analyst at $4.70 https://www.marketscreener.com/quote...364/consensus/ and thought, what could possibly go wrong here because I'm in charge !
Just as well TWG is BIG and will survive as a third of (smaller) retailers don’t think they will survive the next twelve months
Punters need to shop somewhere ….go to the Warehouse etc
https://www.nzherald.co.nz/nz/covid-...CDYG4IK5HAK7A/
This time NZ folks especially the ones who shop mainly at WHS are in deeper trouble then before financially too ....So I wont be betting big on big improvements in sales after we become normal ( which is going to be different now as we decided to live with Covid ) . If WHS can keep similar levels of revenues and improve margins from efficiency and cost saving that will be the best outcome ahead . Maintaining eps thus dividends is the key
Alokdhir says ‘This time NZ folks especially the ones who shop mainly at WHS are in deeper trouble then before financially too ....So I wont be betting big on big improvements in sales after we become normal’
I’m tending to agree with that view …signs are out there, esp post Xmas
And further margin expansion after last years great effort is problematical.
Just keeping an open mind and not being totally carried away with the hype …
If they keep EPS at this level and improve efficiency the share price will go up.
Im sure MR B would be very happy with this Div level.
In 2 year's a new round of vaccines mod's could tip the battle in the human favour.
Yes it looks like there is a bigger number of non team members than the govt thought.