hmm...here's some responses..
myer float gave the PE suiters a four fold return on investment in two years right? Surely that would cause other to want to have a crack at DJS>....even if they are prepared to make a much lower profit...like just doubling their money :-)
Board is strongly backing Zahra because there is not one else currently in the management team that could step up to the role...and no major fund has complained yet ( quote from a a smh article yesterday). Stephen goddard would have been the likely successor but he has just quit....so in a sense they dont' have any other choice right now..
About opening new stores.....keep in mind that the david jones customer is older / richer / less likely to shop online for a bargain.....then say a myer customer who would be youger and more looking for a brand name..! If you're shopping for a high end brand like say YSL .....you can only really buy it in David Jones or from a YSL branded shop....myer wouldnt' stock it and you wouldn't really care about saving a little money to buy it online cheaper somewhere? my 3 cents :-)
- Forums
- ASX - By Stock
- bargain jones
hmm...here's some responses..myer float gave the PE suiters a...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DJS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online