REH 2.63% $25.02 reece limited

Has REH peaked?, page-75

  1. 422 Posts.
    lightbulb Created with Sketch. 58
    Bunnings would need to substantially improve their logistic capability to compete with Reece. I am acquainted with a fellow who worked his way up from delivery driver to store manager with Reece & their ability to get almost anything a plumber could need to site within a very tight timeframe is so far in front of any competition it defies belief.

    Reece is also meaningfully cheaper than Bunnings for plumbing supplies (based mostly on my own comparisons when I do small jobs).

    But with that said, Bunnings are a gorilla and if they decided to compete hard, they could certainly make things more difficult for Reece.

    Much likelier is that each of these two excellent businesses focus on their respective strengths and avoid going head to head - Eternalgrowth
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$25.02
Change
0.640(2.63%)
Mkt cap ! $18.39B
Open High Low Value Volume
$24.83 $25.27 $24.62 $24.82M 990.9K

Buyers (Bids)

No. Vol. Price($)
2 4828 $25.02
 

Sellers (Offers)

Price($) Vol. No.
$25.04 1239 1
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.