NZ_Shareman

The Warehouse

Long
NZX:WHS   WAREHOUSE GROUP ORD NPV
Not allowed to post a Screen shot of Fundamentals because TradeView said "NO", no links allowed to Free image hosting websites or any website, to those who only pay $46.00 NZ a month on Pro Account, it's in there House rules.


But anyway on my personal Spread sheet called NZ Scanner

Invest.com says "Stromg Buy" as of Friday 16th Oct
Moving Average says "Buy" 16th Oct
Macd said "Buy" 25th Sept, Current Profit 14%

Fundamentals in Txt.
Net Income varies from $20m to $78m but always in profit.
Investing cash flow all borrowed -$236 million omg!

They are fundamentally pretty much rubbish, surprising they are still around,but it's all NZ has, apart from Kmart and actually Kmart has a much better quality choice of clothing and everything, i think The Warehouse is selling products that are quite inferior and are far to expensive for their rubbish chinese quality, trying to palm them off as if they are on par with equal quality brands,they use to stand for the struggling Kiwi Bloke/sheela, but now stands for plain jane just make profit, which is a rubbish 2% after all income which is 3.1 BILLION Dollars omg! 2% lol.
All i can say is there must be alot of returns, they need to get a new inventory manager/purchaser if you ask me who actually knows what quality is, last time i brought a T shirt from there it was thin as a tissue paper, Rubbish.
They are not in touch with the New Zealander anymore the only reason anyone goes there is because there is no where else to go apart from as mentioned above, Kmart.

Kmart Rules.

But NZ Kiwi Saver Funds are obviously buying so jump on the back and Buy until it hits Target.

Trade closed: target reached:
Blasted through still strong Retail Sector people have to buy stuff

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