| FORUMS > Wakefield Trinity > Wakefield Wildcats |
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| Quote: Hank Moody "I'm not going to bother. You clearly knows better than all of our management team and the two leading economists that we had present.
A word for you though, in my experience, gobe, know it all's like your good self, know very little in reality.'"
Really, so you know what I do and how I know what I know do you mmm who's the gobe here I wonder.
Please don't make me laugh as to the reliability of what economists and Supermarket management say I'm not sure my ribs can take it.
What was it the late Ken Morrison said about a Morrisons CEO and cow poo! and that's from a man who new a margi when he saw one. |
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http://flightsandfrustration.com/
It is "Fifita" not "Fafita"
If you don't know the difference between "there", "their" and "they're" I might get annoyed.
Sharing First World problems so you can get it right first time.
Millionaires wanted. Apply here --- Wakefield Trinity:d7dc4b20b2c2dd7b76ac6eac29d5604e_47943.jpg |
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From the horses mouth www.j-sainsbury.co.uk/media/3165 ... cement.pdf
Sales £23,506m
Profit before tax £587m
If my calculator does not decieve me I make that a net margin of 2.33%.
So how are supermarkets able to absorb price rises and not pass them onto the customer without making a loss? |
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From the horses mouth www.j-sainsbury.co.uk/media/3165 ... cement.pdf
Sales £23,506m
Profit before tax £587m
If my calculator does not decieve me I make that a net margin of 2.33%.
So how are supermarkets able to absorb price rises and not pass them onto the customer without making a loss? | |
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Interesting stuff.
My dad's bigger than your dad and I bet I used the bathwater after you Beagle!
Not sure how this relates to Trinity "Wildcats" though.
28-26 Up the Trinity.
p.s. wouldn't pea on Corbyn or his mates if they were on fire. Useless gits.
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How dare you question a lefty Vastman, you should have learned by now they are always right, don't waste your energy mate they are not worth it.
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There's Only One F in Wakefield:d7dc4b20b2c2dd7b76ac6eac29d5604e_2334.png |
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| Quote: inside man "How dare you question a lefty Vastman, you should have learned by now they always use pesky facts to prove you wrong, don't waste your energy mate they are not worth it.'"
Fixed that for you  |
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Thought better of you Ben.
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What's pink & hard first thing in the morning?
The financial time crossword
[url=http://imageshack.us/photo/my-images/864/pinkhards.jpg/:39bjthd5][img:39bjthd5]http://img864.imageshack.us/img864/5724/pinkhards.jpg[/img:39bjthd5][/url:39bjthd5]:d7dc4b20b2c2dd7b76ac6eac29d5604e_65068.jpg |
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| Quote: wildshot "From the horses mouth
2.49% on my calculator and Actually after tax the "net" figure will be around half that so a 10% increase in costs would have an effect of around 25% reduction on total n making the net figure slightly under 2% before tax
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http://flightsandfrustration.com/
It is "Fifita" not "Fafita"
If you don't know the difference between "there", "their" and "they're" I might get annoyed.
Sharing First World problems so you can get it right first time.
Millionaires wanted. Apply here --- Wakefield Trinity:d7dc4b20b2c2dd7b76ac6eac29d5604e_47943.jpg |
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| Thanks FT, I was getting 2.49% and 2.33% on my calculator so tried it in excel too. My calculator is a bit tempermental, although of course these figures are rounded up.
I prefer sticking to PBT since the tax can be variable rates depending upon historic losses, plus various tax complexities which can make a one off variation in the tax rate. Overall though I think we agreed on the point being made  |
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| Quote: vastman "No my friend what you are referring to is just one form of economics that being greedy capitalism.
What you are taking about is profit not cost, With the exception of a few core lines most Supermarkets can easily absorb a 10% increase and still make a huge profit. However they are greedy and so are most of there already wealthy shareholder who simply won't accept a drop in profits or dividends.
So let's be straight about this Tesco or whoever will never lose money even with a 10% hike in costs they will just make less profit. They are not willing to do this so they will pass that cost on to maintain profits to those who can generally afford it least - the customer.
That is basic economics in a market driven economy so spare us the platitudes please - we may be stupid but were not that stupid.'"
You highlight the problem well in that yes it is greedy capitalism. You also further highlight the problem by then advocating voting for UKIP as though they will somehow change that.  |
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| Quote: Wildthing "I assume you are being ironic with your first sentence?'"
Tbf he's got Victiman down to a T hasn't he? |
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There's Only One F in Wakefield:d7dc4b20b2c2dd7b76ac6eac29d5604e_2334.png |
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| Quote: inside man "Thought better of you Ben.'"
Haha only playing - no offence intended   |
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| Rank | Posts | Team |
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| Quote: Adam_Harrison9 "You highlight the problem well in that yes it is greedy capitalism. You also further highlight the problem by then advocating voting for UKIP as though they will somehow change that. ![]()
Did I?
Where exactly.
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| Rank | Posts | Team |
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SUPPORT SWAG...:d7dc4b20b2c2dd7b76ac6eac29d5604e_10363.jpg |
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| Quote: Adam_Harrison9 "Tbf he's got Victiman down to a T hasn't he?'"
Is that what you're reduced to these days sniping away from behind the bigger kids, very sad.  |
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| Quote: vastman "No my friend what you are referring to is just one form of economics that being greedy capitalism.
What you are taking about is profit not cost, With the exception of a few core lines most Supermarkets can easily absorb a 10% increase and still make a huge profit. However they are greedy and so are most of there already wealthy shareholder who simply won't accept a drop in profits or dividends.
So let's be straight about this Tesco or whoever will never lose money even with a 10% hike in costs they will just make less profit. They are not willing to do this so they will pass that cost on to maintain profits to those who can generally afford it least - the customer.
That is basic economics in a market driven economy so spare us the platitudes please - we may be stupid but were not that stupid.'"
Well said Vasty!!  |
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