Forum Archive Index - December 2001

["nick" <rathel@xtra.co.nz>]

     My perception of Briscoes and rebel sports is that people only
go there when there is a big sale on. Who ever pays full price for 
sports shoes in rebel sports?
       I think come feb there could be 5% to 50% off all shares!!
However unlikely 50% cause those special offers always mysteriously
vanished when in shop.
        Could be right about the rebel sport building on moorhouse, but there
some stiff competition on that street. Some ugly big shops between those
car yards.  New big byte looks quite flash though although all front no
substance

      Nick
> > 
> > I bought BGR at 1.42 today. can you all believe that $10m got traded
> > in that stock alone! that is normally about 10% of the average daily
> > NZSE turnover. there is some interest there, thats for sure. i dont
> > know if it was a good idea to buy, but what i am hoping is that in
> > the Weekend Herald and other weekend papers, all the cliched mums
> > and dads will read about how well it did today, and call their
> > brokers on monday. wishful thinking maybe, but then again....
> > 
> > 
> Sounds like you are punting a bit here.  You won't get any comment 
> from the chartists as you can't chart a single point.  I haven't 
> researched Briscoes myself, other than in the most cursory way.  Am I 
> right in saying that even at $1.40 the projected yield is still 
> attractive compared to say 'the Warehouse'? 
> 
> I always wonder about these companies predicting steeply increasing 
> earnings in the near future.  My memory is that this is the case 
> in the Briscoes's prospectus.  What do you see as Briscoe's 
> competitive advantage, compared with, say, 'the Warehouse'?  The 
> Rebel sports chain seems to be doing well (?).  But then again I 
> don't frequent sports shops  that often so what would I know!   I can 
> tell you that big Rebel Sports store on the corner of Colombo Street 
> and Moorehouse Avenue in Christchurch has to take the prize as the 
> ugliest building in the city! SNOOPY
> 
> 
> 
> ---------------------------------
> Message sent by Snoopy 
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> but that still only makes me wrong once."
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