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Myer Shares Plunge, Dodgy Online Sales Revealed

David Richards November 19, 2018 No Comments

Myer who last week slammed media for releasing poor secret sales numbers, has been caught out counting instore sales as online sales, which is why their online sales numbers surged,…

Solomon Lew Claims “Even Father Xmas Can’t Turn Myer Around”

David Richards November 18, 2018 No Comments

He owns more than 10% of the shares in Myer, now Melbourne based retailer Solomon Lew claims the big department store board should be dumped after trying “to hide” woeful…

OS Black Friday Deals No Bargain Says New Research

David Richards November 18, 2018 No Comments

Australian retailers could benefit from a new research study that reveals that Australian could be duped when diving into US and overseas web sites this upcoming Black Friday looking for…

Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus

David Richards November 17, 2018 No Comments

Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of this month’s AGM which is set to be…

JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst

David Richards November 16, 2018 No Comments

Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike their view on Harvey Norman. Tim Carleton, Auscap…

BREAKING NEWS: Myer Calls Trading Halt After ChannelNews Story & ASX Intervention

David Richards November 16, 2018 No Comments

Troubled retailer Myer has denied it has breached its continuous disclosure obligations but they initiated a trading halt following our story on the company’s poor financial performance along with a…

Former Sony CEO Takes A Swipe At Arrogant Jap Company

David Richards November 15, 2018 No Comments

Carl Rose the former CEO of Sony has taken a swipe at his old employer, indicating that they were not only an arrogant Company but believed that they were ‘invincible’.…

ING Bank, Openly Engaging in ‘Self Employed’ Discrimination

David Richards November 14, 2018 No Comments

If your self-employed, have minimum amount of debt and own millions of dollars in assets don’t even think of doing business with Dutch Banking Group ING because all they will…

Big Punt Failure, As Another Harvey Norman Investment Bites The Dust

David Richards November 6, 2018 No Comments

If Gerry Harvey’s punting is anything like his recent investments he’s going to have a shocking day at the Melbourne Cup today after a Harvey Norman investment was flogged off…

Harvey Norman Facing Real Risk, AGM Set To Be A Spark Fest

David Richards October 30, 2018 No Comments

Harvey Norman Chairman Gerry Harvey is facing a real risk that shareholders could turn on him with demands for “truely independant” Directors to appointed to the board, questions are also…