You lay out the cash, open the store, hire the staff, and start building the brand and see if you don't say "we."
Good point!
The owners of your store can say "we" then.
You lay out the cash, open the store, hire the staff, and start building the brand and see if you don't say "we."
Good point!
The owners of your store can say "we" then.
B&O i not in a unique situation. Look at Lambo and Ferrari and what they are doing to new pricing- its going skyward- less individuals that will buy the product so the price rises to allow for reduced sales.
In that market one can just about get away with it; problem with high tech is the onward movement of technology keeps hitting the price- so B&O is left with avery expensive range of products with, in reality so few people that will pay 12-15K for a TV set
I bought B&O shares after their value had crashed, they'd had a rights issue, and dividends were suspended. The original shareholders who were used to 25% dividends year on year must have been devastated: no dividends and the share price down 90%! As for my investment: it's down a further 24%.🙁
(I've always had a few shares in makers of products I like: thankfully the Apple share price moved up faster than B&O moved down!)🙂
Graham
EDIT
Do you lose more by buying B&O shares or by buying B&O products 🤔
Sell,sell,SELL😐
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