If they have to go into this then they need to do it boots and all. NZ'ers don't have time to fart around and shop around. Who wants to get something from WHS then go to another supermarket? Time is of the optimum in our lives.
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If they have to go into this then they need to do it boots and all. NZ'ers don't have time to fart around and shop around. Who wants to get something from WHS then go to another supermarket? Time is of the optimum in our lives.
Yes Beagle, but then we have always had an issue as you see with people lining up for food parcels or grocery tickets so its not a new problem. Its just out there more as Govt on back foot and its become hot talking point. You actually think with WHS trying to step into the missing void its actually going to do something? There stuff they sell is no more cheaper than I get from my supermarket.
If people wanted to shop around today they can. There are Butchers,Fruit and Veg and Supermarkets. Take your pick. Time is the optimum as it always has been. You'll find you sped more going to several places instead of 1.
I would argue the cost of living crisis has never been this acute for the average low and middle income family. Just wait for 6% interest rates to kick in and then the "fun" will really start for those who borrowed at 2%. Mrs B tells me our local supermarket is increasing the prices every week so its hard to make price comparisons.
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Visited our local Warehouse store yesterday to take advantage of their cheap milk - all sold out BUT tiny chiller so couldn't have had a lot to start with. I see stock availability as their big issue - it's all very well to have discounted milk, cheese, weetbix etc but if shoppers turn up to purchase these items and they aren't available will they return? As Percy rightly pointed out, it's often easier to just go to the supermarket and get everything in one place (assuming they also aren't out of stock) especially if visiting the Warehouse means you have to go out of your way for a special that may or may not be in stock.
Having said that, I do hope their foray into grocery items is a winner for them.
Yes Mrs B is right. Can also say that about other areas that we deal with too. Next time I look at the roof of a WHS someone will have a cross on it.
Well those who were stupid to get into high debt and not think forward to 2/3 years time when interest change and what they can afford and not afford deserve no sympathy. What were their parents thinking when offering advice? If they haven't made cut backs on spending habits etc over last 2 years then you get what you deserve. No one said life is easy just we seem to want to wipe everyone's backside. I guess thats the dream/PC world we live in.
I often wonder why the RBNZ and Robertson thinking keeping it so low for so long? Short sited drop kicks.
But Grayson and WHS to the rescue.
Not just mortgage holders who face issues. https://www.msn.com/en-nz/news/natio...1d548030c26635
I get it that many people are insulated from the current cost of living crisis but I also get it that many people aren't. Its not just cheap milk, butter or cereal. People are downgrading from name brands to cheap house brands at consumer staples stores. Have a look at the share prices of Dollar General or the relative strength of Walmart in a declining US market.
Consumer staples are a great place to invest in tough times. You either get that or you don't and this is not for you which is fine.
Interesting article. https://www.nzherald.co.nz/business/...HZX4U6MEVMJSE/
Any one got their divvy yet ? Bloody banks earning extra interest or what?
I've been sitting here all afternoon waiting lol https://www.bing.com/images/search?v...t=0&ajaxserp=0
Sounds great - but I think the writer hit the nail on the head when he said it all sounds a bit like a theranos type hype machine, with all the talk of “exclusive tech” in the grocery storage warehouse, and wanting to be “the Netflix of Grocery”. The CEO is pulling out all the CEO hero tropes (The Bezos style desks made out of a door and trestles, the Elon musk style “sleeping on the floor/in the car”).
Now that is not to say it isnt a great business, but at present based on that one article it raises a couple of red flags.
My wife has had her payment advice, but not the money yet. I've had neither.......
In the account at 5.10pm. That's the wife's. Still nothing in my account.
Same, huge dividend feed arrived at 5.10 just in time for dinner. Better take a cautious approach to eating that massive feed otherwise...lol
https://www.bing.com/images/search?v...t=0&ajaxserp=0
With Jarden Securities (Direct Broking) just checked a few minutes ago, not there as yet.
Well I'm having a drink and reflecting on a solid dividend in what has been extraordinary circumstances this first half. I'm really looking forward to the size of future dividends when the performance of the group is unhindered by lockdowns and Covid.
Who knows, when the Covid drama's finally settles down we might get a very special dividend from their $150m cash on hand, Cheers :t_up:
WHS to enter NZX50 this week
wow …cool ….excellent
Heaps of buying coming up as WHS joins NZ50
Share price get to 4 bucks soon?
But I remember everyone explaining to me recently why WHS wouldn’t qualify for NZ50 inclusion because of (insert BS reasons)
[QUOTE=BlackPeter;953505]just a wish, hope, rumour - or is there any announcement you could share?[/QUOTE
http://nzx-prod-s7fsd7f98s.s3-websit...028/369286.pdf
That should see WHS share price up on what I expect will be a down day.
Up 12 cents, 3.8 percent and good volume 150k of shares. One of the bigger fish wants ordering brunch.
yes smashing up.. MR B has picked it again.
Looks like a hedge against inflation. Who would have though. A tangle mess of ADMIN and software and the stock is up.
Fabulous news. Congratulations to all holders.
Consumer staples are a great place to invest in tough times.
The metrics are compelling as I've pointed out at great length and consumer staples companies like Dollar General and Walmart have been doing well overseas and are on vastly higher metrics than WHS.
On our way back to $4+ in due course.
"On our way back to $4+ in due course."
does that mean it now gone from a HOLD to a Accumulate fast on the DIP... if there is one.
who isnt holding some staples.
BRISC could also just squeeze into it a bit.
its gone already.... left the rocket ship blast off pad...
https://www.youtube.com/watch?v=s6yBwQSrtFY
If I am not mistaken waltzing is asking you to wait while he and assoc are loading the truck and trailer unit.
LOL I was just thinking the same. Its not gone already the average analyst price target is $3.70 and the average analyst rating is BUY and the current share price pending NZX50 inclusion, (closing 15 minute match process tomorrow afternoon), and $2 Billion of reinvestment of ZEL takeover funds, (10 May), is just $3.45. https://www.marketscreener.com/quote...364/consensus/
Fortunately my truck and trailer are fully loaded up already at $3.09...might even get a fine from the police for an overweight rig if I was stopped on the road LOL
Defence stocks and travel are on the list.
AVG 316.5 :cool:
just applauding the result in a very difficult transition for WHS Group.
Not convinced that T7 is a turn around. How much does T7 get from china and those margins for T7 are nothing much.
cant see them rolling out staples much farther and those car parks are small in rural towns.
Motorway in south is going to flood those towns and there is no spaces left in the CBD's.
They may have to expand into more than one site in towns where there existing car parks cant cope.
There are empty buildings and car parks like Bunnings have left empty in one rural fast growing town south of hamilton that is exploding.
Surprised GMT or someone hasnt nabbed the site.
Do you like Raytheon ? https://www.marketscreener.com/quote...840/consensus/
Sorry for off topic question folks.
Well done B, sold for 4 and bought for 3
We are about half of what we had with whs and no spare cash to buy right now. Offloaded some HLG two weeks ago when needed some pocket money which turned out to be the right choice.
Nick will dither about and will buy some more at $4.11 ......and still be getting a bargain
"Do you like Raytheon "
Note: Off Topic.
all defence stocks will be on Higher P/E than WHS one expects pretty soon.
Well I shorted into those buying in the upper 340's.
"Squish pillows"
does that mean BRSIC will be selling lots of pillows too?
hope so...
Squishmallows ,sorry check above sold out ,link
Office Topic: MR B ..
post on Geo Risk re Raytheon..
another competitor entering the market
Amazon-like Australian retailer Winning Group expands into NZ
https://www.nzherald.co.nz/business/...U5HYK6LLUTTGM/
looks like they could eat into noel leeming more than the warehouse?
I would have thought BGR would be in the firing line as well with small appliance's. Seems NZ is going to get real competition in several retail sectors. Where's Nick and Rod to show the path forward for shareholders I wonder? Has their respective jobs just got much more complicated?
what the company been around 115 yrs
Winning Group brings world-class distribution centre and third-party logistics service to NZ
https://theregister.co.nz/2021/07/13...stics-service/
Spending chugging along nicely despite Omricon. https://theregister.co.nz/2022/04/20...aster-weekend/
Are we seeing the lasting effect of debt GDP brought forward? This is the effect one would expect and its a matter of how long it will last against the head winds of inflation.
Probably not a case of going over weight on retail but still maintaining a balanced exposure.
Big Indian summer and will this be the new weather pattern lasting into may? Should boast summer retail spending for an extra month or two!
Weekend trips to coastal resort centres look like they have a few more weeks to run yet!
Paradise!
Power along this afternoon no stopping a freight train.
1.7 million shares traded and counting.
Closing 15 minute match process coming up could be interesting !
corrected 1.4 million.
what a day in paradise... T7 must be busy selling paddle boards and beach gear. Do they have anything left in stock?
big closing shaping up as inflation believers are selling.
WOW - that was a lot of fun, up 17 cents for the day, (more than 8.5 million shares traded), and up 32 cents (10%) since NZX50 inclusion was announced.
Stunner of a days trading!
Nice call Beagle on the index inclusion.
Thanks Ferg.
Hope other holders will join me in a celebratory drink. Cheers :t_up:
Got a wine on the desk as we speak...
It's gone already
Waltzing please enjoy your dinner tonight eating your hat smothered in T sauce.:D
" hat smothered in T sauce"
think we agreed it "gone already"
Ave price 3.16... to late to add to it now unless some extreme event crashes the market for a day or 2.
Mr B got 3.09, doubt he needs to get anymore. Usually executes like a Beagle after the fox.
All we might hear is the barking in the distance...over yonder hill.
looking more at travel and stocks like Boeing.
Its got to be a turn around sometime.
At some point people will want to travel again. Local agents are now back at work 5 days a week where 6 months ago they were only on 2 days a week.
Travel has restarted in NZ.
The purchasers of 5.644m shares today probably think otherwise. At current div yield there should be upside from here. That's where I will hang my hat Waltzing :p
nzx 50 means there will be portfolios that need shares.
Average dividend forecast for FY23 and FY24 is 24.5 cps fully imputed, 24.5 / 0.72 = 34.02 cps gross. Even after the recent rally that's 34.02 / 352 = 9.66% gross forecast yield. https://www.marketscreener.com/quote...364/consensus/
What follows is a complete list of companies on the NZX with a proven history of dividend payments with a higher yield based on their current share price.
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:)
$2 Billion of funds from the takeover of ZEL are yet to be reinvested into the market, paid out on or about 10 May
I wonder where the yield hungry investors in ZEL, (it was only ever a yield story being a sunset industry), will invest some of their funds :t_up:
ok its possible , its believable.
One thing that is missed is Z pre Ampol had a pretty good Div Yield - something that not a lot of
other listed companies could get near - WHS would be one. HLG another, or was, or maybe
still could be - who knows ? :)
SP handles might move more slowly than some expect because of margin compression and inflation fires.
Notice that competition is increasing but mostly in the Auckland region.
FOMO might drive it higher but often these stock do not go up in one big move.
Last time a big takeover payout turned up some were expecting OCA to fire up and that happened?
It could go all over the world via brokers and that NZ investors can now buy part shares all over the world from hatch and others.
Yesterdays close was the time to unload positions IMO. Look at the state of the economy... consumer spending is surely going to absolutely plummet. T7 and NL will be especially hit hard.
No it doesn't, the figures stated on there are the average analyst expectations of dividends that will be declared. The WHS group earns all its income in N.Z. so there's no reason why their dividends wouldn't be fully imputed in the future. Hope that helps.
We know you are short Johnny the horse (in the late 340's from memory) so are trying to talk the shares down so you don't lose money.
Michael Hill recently announced sales numbers that really surprised and were reasonably strong in N.Z.. I think you might be surprised by the strength of retail spending too.
You're welcome. The maths to gross up dividends to the fully imputed level is multiply the dividend by 1.389 or divide it by 0.72 to get a slightly more accurate gross dividend number.
JTH - I was really surprised by the strength of Noel Leeming sales in the recent half year report considering the wider Auckland region of about 1.7m people was in lockdown for 107 days and the ongoing effect of the Covid crisis on the rest of N.Z. their sales were remarkably strong. I thought they would have been weaker as all the nesting expenditure was supposed to have been done in previous periods. I think both you and I will be surprised again going forward and mine will be a happy surprise ;)
"Michael Hill recently announced sales numbers that really surprised"
canary in the coal mine...
and who has time to actual go to an office these days as shopping and beach are prime locations ATM.
WHS back to normal volumes Plus some INSTO allocations?
should slow the SP rise down.
No worries... I am sure Johnny the Racehorse, (certainly this old Beagle wouldn't try and keep up with his speed), and has probably closed out his latest short already.
Business as usual at the hare-house.