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BREAKING NEWS: Kogan Shares Crash 24% Margin Erosion Hurting Bottom Line

David Richards October 29, 2018 No Comments

Shares in online retailer Kogan.com plunged more than 24 per cent after the Company admitted that they are facing the same margin pressure as other shop front retailers, they have…

Exposed, Harvey Norman Directors Forced To Dispose Of Questionable Stock

David Richards October 29, 2018 No Comments

Harvey Norman Directors who lined their own pockets with benefits at the expense of other shareholders have been caught out and forced to sell the questionable shares on market. The…

Electrolux Set To Jack Up Prices OZ Appliance Market Described As “Negative”.

David Richards October 27, 2018 No Comments

The Australian market for appliances has gone “soft” according to Electrolux management with the Swedish Company only achieving sales increases by “lifting prices”. Late on Friday after announcing what was…

Gerry Harvey Gets An “Extra Advantage” Buying His Own Shares

David Richards October 25, 2018 No Comments

When your share value is falling, and sales are sliding there’s nothing like dipping into the piggy bank to buy your own “cheap” shares in the hope that the market…

Ambertech Still Making Losses Despite Upturn In Lifestyle & Pro Divisions.

David Richards October 23, 2018 No Comments

Sydney based distributor Ambertech, has reported its strongest growth for several years, with their Lifestyle Division reporting 7.5% growth and their Professional Division 10% growth. A major contributor to the…

Loss Making Catch Group Shareholders Pocket $20M Despite 90% Fall In Profits

David Richards October 18, 2018 No Comments

Shareholders at IPO hopeful Catch Group whose profits have fallen 90% in two years paid themselves $20M in 2018, this is double what they paid themselves in 2017. The bulk…

EXCLUSIVE: Big W & Target To Mimmick Amazon Marketplace Online Battle Looms

David Richards October 18, 2018 No Comments

An online battle between the Woolworths owned Big W and the Coles owned Target is set to break out in early 2019 with both discount retailers establishing their own marketplace…

Will Harvey Norman Margins Get Squeezed & What Is The Future For Myer?

David Richards October 17, 2018 No Comments

As big US retailer Sears crashes into bankruptcy questions are now being raised in Australia about the future of Myer and whether they will head the same way Sears. questions…

Will Myer Go The Same Way As Sears As They Teeter On The Brink?

David Richards October 14, 2018 No Comments

Executives at struggling Australian department stores David Jones and Myer are watching with interest the plight of US retailer Sears who is close to bankruptcy. As Myer fends off angry…

Harvey Norman $7.8M Bail Out Of Apple Reseller Raises Franchisee Question

David Richards October 12, 2018 No Comments

When Harvey Norman Chairman Gerry Harvey was spruiking his big new Auburn store earlier this month there was issue that he did not discuss and that was the bail out,…