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$23.72 reece limited

"they do not reward long term customers" Care to elaborate? How...

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MarsC

2,589 Posts.

127

20/03/18

17:13

Post #: 31894189
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Originally posted by mumanddad ↑

Gday Big Leon, as a customer of Reece and on and off Shareholder for "a few" years i can tell you that they have NO competition at all. They never have. The Tradelinks, Swan and Harris Plumbing supplies could all join forces and they still would not get anywhere near Reece, especially Harris who are appalling.

Admittedly i prefer Reece as a shareholder rather than a customer as their trade pricing sucks and they do not reward long term customers, but i guess we get to claw a bit back through dividends and share trades.

Anyway, they are my pick of the bunch for an Aussie LT stock. The same family that started the business still runs the business (within reason of course). They are a real success story so well done to them and good luck to all that are savvy enough to be involved in this stock. They should be awarded the slogan...."the quiet achiever".

They have had a few splits over the years too......i vaguely remember an earlier split of $12 to $3 or something like that??

Has their share price ever gone backwards significantly? Nope. Great looking chart for the past 18 years.

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"they do not reward long term customers"

Care to elaborate? How would you compare all those competitors on this front?

REH Price at posting: $10.86 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $23.72		Change -0.500(2.06%)		Mkt cap ! $18.39B

Open	High	Low	Value	Volume
$24.22	$24.32	$23.70	$9.818M	411.9K

Buyers (Bids)

No.	Vol.	Price($)
1	952	$23.72

Sellers (Offers)

Price($)	Vol.	No.
$23.81	1032	1

View Market Depth

No.	Vol.	Price($)
1	130	9.810
2	2179	9.760
3	1502	9.750
2	1300	9.740
2	1944	9.730

Price($)	Vol.	No.
9.820	43	1
9.830	1205	2
9.840	2507	4
9.850	334	2
9.860	335	2

Last trade - 16.10pm 21/11/2024 (20 minute delay)

REH (ASX) Chart