I always go to JB Hi-Fi. They just have the best prices and it is possible to bargain with JB anyway, even though they are much cheaper than Harvey Norman, Mysers, and those places.
If JB would carry white goods they would be no reason to go to HVN and all those other expensive places.
For example. The new SONY DSC-T5 digital camera is $497 at JB and $750 at Myers. Where would you buy??
With consumers being squeezed due to inflation and high oil prices (record number of public transport passengers in Brisbane now) people will shop for bargains and places like Harvey Norman will either have to lower their prices or lose customers.
Thinking of shorting this beast. P/E of 16.8 makes it more dear than JST, CDO and DJS.
HVN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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