HVN 1.09% $4.64 harvey norman holdings limited

Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-229

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  1. 2,962 Posts.
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    Amazon are deadset great operators and as I've said if I'm wrong re prime I'm out no two ways about it.
    My point re the TV's is what Gerry has been saying for decades, it's not about the TV, forget about the damn TV LOL.
    Bait catches fish, it's the fish that is the money, the bait is just an expense for the fisherman.
    HVN has the advantage of owning $billions in real estate and would never be dumb enough to guarantee delivery in 2 hours and either will Amazon in Australia because it just plain can't.
    Look at Amazon in Canada, best example of how they are going to expand into Australia but Australia is even harder geographically.
    Best retailer in Australia is JBH but they own squat, they actually have to make money on the TV! HVN don't! Starting to get me now?
    JBH will be killed, Kogan will be killed, HVN will be last standing, Amazon will only ever have bargain end of the market.

    Ps: Amazon just bought around $15b worth of storefront remember?
 
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