This week the local Coles had TP just sitting on the shelves, no mad rushes or people lining up. Lots of people had it in their trollies/baskets but still half the shelf was full. Happened 2 days in a row which makes me think maybe my area has now stocked up enough for 6 months o_O
Edit...
Another bumper quarterly report, I was expecting good number but probably not this good.
Operations wise, their cash burn was $70k down from $535k last quarter.
Even with minimal growth(and they've indicated in the report the strong growth is continuing on page 4) it should be profitable this...
Didn't these guys overpay badly for Coles in the first place? What's to say the cash burning a hole in their pockets is going to be used wisely this time?
Family member worked for Hello World and we used her for international travel, nice and easy outsourcing the painful work sometimes.
That said, she was let go by the agency at the start of this month so pretty unfortunate.
Picking this for the April competition again, roughly same reasons as March - expecting a decent quarter of production, selling pressure has eased up a lot since Tribeca has divested completely or stopped selling down. 4c or 20m market cap is just too cheap, might not be a 20c stock but it's...
Most people don't think outside the box so a high labour cost stops most people right there.
I don't understand given how cheap solar & wind power can be, not to mention less ongoing pollution once installed, that we haven't thought about bringing back a lot of high energy intense industries...
I'm not sure if you can count post WW2 as the normal. Almost complete destruction of much of Europe & lots of other destruction elsewhere. Not just markets gone belly up but whole towns/regions even countries gone for all intents and purposes. That takes up a lot of time & resources to rebuild...
Is there anyway for a mere mortal to take delivery of some oil at these prices? :roflmao::laugh::roflmao:
I know oil is not the same thing as unleaded petrol but my god, $20 USD let alone $5 USD per barrel!
Any of you more involved oil watchers care to guess what we'll be paying at the pump soon?
Class (CL1)
Simon Martin (Director)
19-20 Feb bought 55,893 @ $1.78
Matthew Quinn (Chairman)
13 Mar bought 80,000 @ $1.17
18 Mar bought 34,000 @ $1.10
Currently trading @ $0.885
Definitely considering a nibble here.
Exactly, "balance sheets don't matter until they do" is a quote I've read before and I think summarizes my investing outlook broadly, even in the good markets I like a strong balance sheet.
As mentioned previously I don't have unlimited buy power, I'm only starting out the investing journey...
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