AFF Member Stock Discussion

[Freq Flier 2013]

Will be interesting to see bhp open tomorrow due to the china pause announcement. Good buying?

 

[cove]

Haven’t done much good in owning BHP so we went elsewhere.
Last night for us we took up some Saturn shares at 58 cents as gold shares are going up mostly.

 

[prozac]

Joke announcement ME supermarket Lulu will open in Australia by exclusive invitation. Lulu have 250 stores worldwide, all of them in the ME. Coles and WOW have 850 and 1,130 respectively. Where they don't have stores they have their foot firmly on any potential site to disuade competition. This is what German global supermarket sensation LIDL discovered when they tried to open 5-6yrs ago. Lidl opened an office employed staff, even sending staff to Germany for training. In the end they pulled the pin. Lidl have around 12,000 stores globally, with 3,250 in Germany and next largest market France with around 1,600 stores. If Lidl couldn't break into the Aussie market there is little chance Lulu can. With smaller scale it might achieve a couple of stores but unlikely to ever be competition for existing players.

 

[prozac]

Have watched DRO and CBO for more than a year. Well @prozac we too have zero Droneshield and Cobram Estate shares. Both ran away.

DRO up another 15% today to $5.32, up from $3.04 when I initially mentioned it 2 weeks ago. Nice profits if you grabbed some. Not one to jump into at this level.