Phoenix said:
Yep, I hold this stock. From a retail point of view, the electrical section (Plasma TVs, LCDs, AMPs, Home Threatre, PCs, Games etc etc) is the big winner. When you compare this company with our current benchmark (HVN), you will note that it consists of the best parts of HVN. HVN has other items like white goods, furniture etc etc, which is hardly what you would define as earth shattering.
If you need any more convincing on the merit of this company, just go along and have a look at their stores. Everytime I visit their store, there is usually a queue of people just waiting at the counter to pay. Compare this to HVN whereby there is usually no queue waiting to pay (if at all).
The sheer number of people entering their stores are staggering. I doubt whether in any shopping centre where they have their stores, that there would be another company (within the same shopping complex) that would have the the same number of shoppers per square meter of store space as they would.
I believe that their concept is working very well and they will really shine in the years to come.
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JB Hi-Fi has been mulitiplying like rabbits, I can name 5 new stores within 10km of where I live in the last year, plus more on the other side of Melbourne. All stores I've been to are always busy as hell.
Yes I own the stock.
Yes I own the stock.
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yep i'm a believer in jb hi fi just for the fact that its the one shop I can't walk into without buying somthing!! 
JB hifi have come along way since their very first store in Centerway East Keilor... I live close to it... It's great but the employees are a pack of slackers that take advantage of the comapnies buying power... they always get stuff at cost price and buy stuff for their mates and so on...
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The first thing I looked for was if they had a shareholder discount.... no dice. I would save soooo much money if they did.bingk6 said:What the company should do is to offer stuff at cost to their shareholders
Realistically though, shareholders really cannot complain.
Yes, it is striking that any the jb hifi store I go into is packed to the rafters with stuff as well as with customers. Don't know if it is deliberate policy and maybe it breaks down with rapid expansion, but the staff I've dealt with always seem well-informed about their products and not biased to one mfr.
Reminds me of a good auto parts store. Haven't bought any JBH but probably should have instead of recent mini-bloody-miners. Thought JBH might be fully valued at about $6 and it might fall back to there no, it didn't. Naturally my miners all retraced...d'oh
Reminds me of a good auto parts store. Haven't bought any JBH but probably should have instead of recent mini-bloody-miners. Thought JBH might be fully valued at about $6 and it might fall back to there no, it didn't. Naturally my miners all retraced...d'oh
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JBH is one of the ASX long-term goldmines IMHO.
Wish I could say the same thing, JB stores I have been to don't know squat about car audio, they are usually pushy and just try to get a sale. A little off topic I know (I used to manage a car audio store
)But as a company, they are doing very well.
CanOz
Home runs feel good, but base hits pay bills!
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Wish I could say the same thing, JB stores I have been to don't know squat about car audio, they are usually pushy and just try to get a sale. A little off topic I know (I used to manage a car audio store
But as a company, they are doing very well.
This stock just stunns me! I don't hold but i comes up on scans all the time...what is it with this thing?
Stellar performance.
Cheers,
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Wish I could say the same thing, JB stores I have been to don't know squat about car audio, they are usually pushy and just try to get a sale. A little off topic I know (I used to manage a car audio store
Surely you would know as well as anyone that if you want a specialist bit of equipment, you go to a specialist store, not a generalist store.
But, on that note, if you do your research, and know exactly what you want before you go in, you can get it much cheaper
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Bought my first batch of them in Dec'05 for $3.80. Mainly on the basis of how much I liked shopping there. Obviously I'm not the only one.
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Has done well, but grossly overvalued at the moment. I would be taking the strong sell position here at the moment. Far better value elsewhere.
CanOz
Home runs feel good, but base hits pay bills!
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I'd love to short them, but its too counter-trend at the moment, need some reversing action!
One to watch, they can't go on like this forever...maybe some poor retail numbers and an interest rate rise would do it?
Cheers,
Quite the contrary, a rising australian dollar has execs licking their lips....new high of 10.98 yesterday. Close of 10.75.
This is still on a strong uptrend imo.
Now up to $11.36 today. I haven't seen a chart like JBH's before, just a straight line upwards with no hiccups at all along the way! I was recommended to buy this a few months ago and was waiting for a retrace. Still waiting. Amazing! YN
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Definately a great and strong trend.
Greed driving this one however, cant see how its currently worth the price its at, but hey, each to his own.
Greed driving this one however, cant see how its currently worth the price its at, but hey, each to his own.
