Forum Archive Index - February 2004

["Cristine Kerr" <criskerr@optusnet.com.au>]

Thanks Malcolm Karyn, David - I better understand.

 

A personal observation: Have been to Warehouse stores in Queensland and they're always packed with shoppers.

 

The Warehouse style of clothing suits the young market they target here, is priced well, and is perfect for Qld weather - lightweight cottons, skimpy, etc. Melbourne is a very different market - different weather conditions, etc.

 

It would be interesting to see their sales broken down by Australian state.

 

Regards,

Cris

 

 

----- Original Message -----

From: David & Jill Stevenson

To: sharechat@sharechat.co.nz

Sent: Saturday, February 28, 2004 2:23 AM

Subject: Re: [sharechat] Re WHS aka Stock picking using the Warren Buffet method

Karyn,

 

          You had a similar good post on similar lines on WHS some time back. A pity a few Australian`s opinions had not been sought out by Stephen Tindall before he decided he could do a transplant and impose it on a totally different culture . On balance the average Australian shopper is far more sophisticated and street-wise than his Kiwi counterpart .

          The rift between Stephen and Greg must have been far more deep-rooted leading to that CEO`s departure than we are led to believe  . Could it be Stephen is not a good listener on similar lines to perhaps a Sir Robert Jones .The latter ,seemingly perversely employed accountants with weird names . Caprice can suggest a dangerous character trait.  I wonder how many NZ Companies think out an exit strategy allied to ambitious moves into Australia .

 

                 David