noomx,
Many punters also said that about railways, yet Buffet invested heavily in the US rail network.
Also, he didn't invest in the IT stocks when that "structural shift" was happening. Guess what?? It proved to be a master stroke.
If you seriously think that retailing is dead and buried due to structural changes then the whole western economies will struggle for survival.
Yes, there will be some changes in buyer behaviour and retailers need to modify practices. However, they do not need to throw out their entire business models.
Whatwe are seeing is the investment community bagging a whole industry and ignoring stock specific fundamentals. This will change once the herd changes its focus.
noomx,Many punters also said that about railways, yet Buffet...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$82.25 |
Change
0.580(0.71%) |
Mkt cap ! $8.958B | |||
| Open | High | Low | Value | Volume |
| $83.01 | $83.30 | $81.47 | $15.25M | 185.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 38 | $82.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $82.26 | 172 | 15 |
View Market Depth
| Last trade - 15.48pm 12/09/2024 (20 minute delay) ? |
| JBH (ASX) Chart |