REH 2.78% $24.38 reece limited

" I'm sure REH will survive but the days of predatory pricing...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 265 Posts.
    " I'm sure REH will survive but the days of predatory pricing for bathroom 'exclusives' and other plumbing supplies might be over."

    In the plumbing trade time is money - most costs are passed on and any small additional margin is accepted in exchange for good and educated advice, guaranteed supply which most often is required immediately and Reece are experts in doing this. The same arguments about Amazon can also be related to the early stages of Bunnings and Masters - do you really see your plumbers walking around those suppliers trying to find a quality part they need rather than just doing it over the counter quickly and confidently at Reece.

    The exclusive products you refer to will most likely never be stocked by Amazon being a quality and often exclusive range of international and local brands and styles - will it fit ? -Reece will tell you - very unlikely that Amazon will affect Reece any differently than Bunnings and Masters in the past which equates to very little.

    I'm very pleased that Reece has announced the share split for mid December which will give opportunities for more liquidity and varying levels of investors to benefit from the Reece story.
    Cheers
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$24.38
Change
0.660(2.78%)
Mkt cap ! $18.39B
Open High Low Value Volume
$24.09 $24.38 $23.83 $11.28M 464.6K

Buyers (Bids)

No. Vol. Price($)
4 11498 $24.37
 

Sellers (Offers)

Price($) Vol. No.
$24.43 1975 3
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.