I hear rumour that everyone is busy in stores up & down the land unloading their wallets
however .. so what better time to catch them all off guard for the next large Div payout ? ;)
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Close today at $6.70 highest close since ex-div
That's good and spring board for it going higher
the B Team magic is working well.
Saw Trevor Mallard in a Hallensteins store the other day
Retail sales booming in Australia ...Nov sales exceed experts expectations
And how about this bit from ABS - Monthly rises were also significant in Clothing, footwear and personal accessory retailing
Chart looks cool
Such a volatile SP, currently in uncharted territory, history shows this can disappoint for literally years before another round of drinks. Smash your capital and ruin your sleep.
Current proponents espousing here are experts at market timing, masquerading as longer term investors these gurus are adept at momentum trading and ... let me tell you... looking on with as much trepidation as opportunity. Fingers not far from the trigger!
Gone in a flash they will be if it can’t hold the new highs. Bless them. Don’t get to be a real guru by just talking your book.
Uncharted times too
The fat lady has sung for MetLeftcare, Abano, soon will do so for Bonus Bonds
On top of this an avalanche of cash out there - created by Govt, not spent overseas, Term Deposits etc all looking
for a better than bank miniscule usury rates return -- where is it all going to go ?
A diminished number of listed dividend paying stocks with prospects perhaps ? ;)
what happens when a tidal wave of increased demand & available Loot on the loose hits a finite supply available ?
perhaps something like our housing market & sharemarket similarly all strengthening ?
Maybe we can discount volatility factors in current economic times ? ;)
Many stocks I have analysed do not appear to be following previous years trends .. I may be wrong though
The wage subsidy and retail: Which stores got it and who has paid it back?
Retailers are facing a moral quandary over whether to pay back the Government’s wage subsidy, with more and more big box stores deciding to return millions rather than face public backlash.
Hallenstein Glasson
The fast fashion retailer saw sales recover after a big decline during the alert level 4 lockdown but said it had no plans to repay wage subsidies it received.
https://www.stuff.co.nz/business/123...s-paid-it-back
Bull please stop with this? If the Govt Auditors have an issue then they will sort. This is a tired conversation....
Disc. Just brought some yesterday...