Very well said. The stuff "I think" I want is not available at the Warehouse, (we are talking fancy European cars and boats here). I think I'll leave that a while and maybe come back to it :)
I need some more socks and that's it.
Sales result is out and doesn't look too bad, (total group sales down 14.6%) but gross profit margin is down 200 basis points so that boom in GP margin looks to be waning.
As usual Noel Leeming is the best performer down only a few percent but red sheds down more than 20%
http://nzx-prod-s7fsd7f98s.s3-websit...741/359109.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...741/359112.pdf
Dividend hounds will be pleased the dividend stays.
It will be interesting to see how the share price holds up when it trades ex dividend.
I see value at $3.50.