The branding is very strong. Ask anyone in Melbourne about where to buy a tv, DVD etc and they will all say "go to jb".
It really does have a strong reputation for a deal and many don't even bother going elsewhere.
I have been looking at tv pricing from online retailers (ie those with no shop presence or simply just a wharehouse), and it seems evident to me that their prices are much higher than jb's advertised prices. And we all know that no-one pays jb's advertised price anyway, so obviously the volume discounts they receive from manufacturers is significant.
I don't thing we will see a catalyst until they next update the market. I think they will surprise and will announce a number initiatives to further drive growth.
With dick smith beaten off, they will be in an even more powerful position to negotiate terms with suppliers.
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$79.22 |
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Open | High | Low | Value | Volume |
$80.10 | $80.60 | $79.09 | $17.11M | 215.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1762 | $79.05 |
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Price($) | Vol. | No. |
---|---|---|
$79.42 | 1436 | 1 |
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No. | Vol. | Price($) |
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3 | 1762 | 79.050 |
2 | 1500 | 79.010 |
3 | 1160 | 79.000 |
1 | 1436 | 78.980 |
1 | 5 | 78.970 |
Price($) | Vol. | No. |
---|---|---|
79.420 | 1436 | 1 |
79.490 | 1436 | 1 |
79.500 | 3595 | 8 |
79.520 | 8 | 2 |
79.570 | 1436 | 1 |
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