Subject:
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Re: Shareholder Discounts
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Newsgroups:
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lugnet.loc.au
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Date:
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Thu, 15 Feb 2001 01:52:38 GMT
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Viewed:
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414 times
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In lugnet.loc.au, Deidre Rushton Brumby writes:
> Coles Myer was a standard recommendation as a stock of choice for retiree
> investment because of the discounts available at such a wide range of stores
> (in addition to a good company performance but I believe that's changed a
> bit of late!), and this would seem to have a lot to do with the blow out in
> investors (i.e. many shareholders with small holdings).
Although the price has fallen lately, I've been told the dividends are still
quite good, and if you're lucky enough to have got the discount card as well,
it seems like a pretty reasonable investment. Damn.
ROSCO
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Message has 1 Reply:
 | | Re: Shareholder Discounts
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| Speaking as a Coles Myer shareholder, I can confirm that new sharebuyers are not getting the discount card, allegedly while the company decides the long-term future direction of the discount scheme. A discount card can have up to two signatures on (...) (24 years ago, 15-Feb-01, to lugnet.loc.au)
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Message is in Reply To:
| | Re: Shareholder Discounts
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| Still talking about Coles/Myer (I over zealously edited Ross' post): I'm fairly sure that eligibility for the shareholder discount was temporarily suspended for all new investors sometime early last year as it was costing the company too much money! (...) (24 years ago, 15-Feb-01, to lugnet.loc.au)
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