Friday, July 30, 2010

Share Investor Q & A: Questions to The Warehouse' CEO Ian Morrice

I have got a Share Investor Q & A coming out, probably next week sometime, from the CFO of Ryman Healthcare Ltd [RYM.NZ] but have managed to jack up a good one today with The Warehouse Group Ltd [WHS.NZ] CEO Ian Morrice.

The Warehouse is a company with a long established history in New Zealand as the bargain retailer and it has been a great investment for long term shareholders over the past.

Over the last 5 years though the company has stalled in growth and now faces more serious competition from its rivals.

It has been headed by canny Scot, Ian Morrice for the last few years and he has done well. What do we know of his plans for the Red Sheds and how he intends to take the company into the future will be of interest as well as how the man works.

With that in mind I thought I would like my readers to put some questions to Ian and The Warehouse.

Please leave your questions here at the bottom of this post or email me here.


Disclosure
: I own WHS shares in the Share Investor Portfolio



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Shop online at The Warehouse


Buy Toughen Up: What I've Learned About Surviving Tough Times

Toughen Up: What I've Learned About Surviving Tough Times

Toughen Up - Fishpond.co.nz


c Share Investor 2010

2 comments:

  1. Hi Ian, how much do you think you can grow the business from this point?

    ReplyDelete
  2. Conventional wisdom suggests that the Warehouse grows sales/market share during harder economic times. However that does not appear to have occurred during the present recession, the worst in living memory. This has been reflected in a share price that has been flat for the last two years apart from one short-term spike. Does your analysis support this contention and if so, is the Company confident that appropriate measures are in place to improve prospects in the medium term.

    ReplyDelete

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