Tuesday, November 29, 2011

Share Investor Q & A: Reader questions to Warehouse Group CEO Mark Powell (UPDATE)

The interview with Warehouse CEO Mark Powell is coming this week.

Apologies. Reader questions to Mark are now closed.

I have some questions, as I am sure The Warehouse Group Ltd [WHS.NZX] shareholders might also have, about the flagging last week by management at the 2011 full year profit result of a "turnaround strategy" for the company and its failing red sheds performance so I thought it was time for another CEO Q & A this time with new WHS CEO Mark Powell. (read Q & A with previous WHS CEO Ian Morrice here)

Lets get down to brass tacks and ask him what practically he is going to do to turn the company around. Here is your opportunity to ask him some questions about exactly what he is going to do.

To submit a question either email me here or leave your question at the bottom of this post.
Disc: I own WHS shares in the Share Investor Portfolio

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Think Bigger, By Michael Hill

c Share Investor 2011


  1. Mark,

    As I see it there are two types of retailers.
    The first group consists of companies like KMD and Hallenstien/ Glassons, Bunnings, Successful even in the current harsh environment.
    The second group contains PPL, GFF, having a hard time.
    Mark, which group do you see WHS belomging to?
    Is WHS a flagship company operating at peak ability?
    Where do you see the weak points of WHS that need an overhaul?
    Where do you think WHS is operating really well right now? It's strengths is what I refer to.
    Mark, we want the stock price to surge, how will you achieve that for us? What is your game plan.

  2. Thanks RJ, I have been a bit sick and haven't got many questions of my own and i think i will use this one of yours 'cause i like it the most

    "Where do you see the weak points of WHS that need an overhaul and where do you think WHS is operating really well right now?"

    May the crappy markets be with you....

  3. The interview is coming at the end of November, early December. Mark has been busy and wants to leave it after a market update in late Nov.

  4. 1. Are there any plans on expanding extra Warehouse stores in other cities?

    2. The recently launched Warehouse insurance products don't seem to be marketed very well. Any plans on marketing these better?

    3. At the moment, I find the range of electronics in store to be quite limited. Are there any plans on developing a fully fledged electronics and furniture wing to the business?

    4. Will the dividend policy be the same going forward?

  5. Sorry Raf, questions closed about a month ago. Questions 1 and 3 are in there.


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