Forum Archive Index - May 2003

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Macdunk,
 
>
> I think Snoopy you may be a bit quick of the mark with your warehouse
> purchase.  The down side might not be over.  The upside wont happen
> until a decent report comes out of oz.  
>

Yes you may be right Macdunk.  Or you may be wrong.   I may have 
been quick with my purchasing decision, but I can assure you it was far 
from an impulse purchase.   If you look on the focus investment group 
you will see there has been much spoken about the Warehouse over 
the last few months.    I had a purchase price worked out, the share got  
got there and so I acted.  If others can get an even better deal than 
me, then that is fantastic for them.    But personally I wasn't prepared 
to risk not being able to buy the share at my target price.

>
>In oz when I was there It was buy australian and
>keep your mate in a job was the call.
>

When WHS first moved into Austalia they kept the 'Clints Crazy Prices' 
and 'Silly Sollies' brands, possibly for this reason.   I wonder if any 
Australians would shun shopping at the Warehouse simply because it 
was New Zealand owned?   Any of our Australian subscribers like to 
comment?

SNOOPY


                   
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"You can tell me I'm wrong twice, 
but that still only makes me wrong once."


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