tag:blogger.com,1999:blog-1141932539860553199.post8541549991699282483..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: "Live well for less about the same"Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1141932539860553199.post-45726926795771704712016-01-07T18:40:53.670+00:002016-01-07T18:40:53.670+00:00JB, as to selling and buying back Homebase, you ca...JB, as to selling and buying back Homebase, you can't just compare the headline figure, as you well know.<br /><br />S might have sold it laden with debt and the next owners may have racked up huge losses in the meantime and got it tidied up and sorted out and debts paid off. In which case it's a fantastic deal for S.<br /><br />Or perhaps the reverse applies and HB was massively profitable for the last 15 years, in which case it is a shit deal for S.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-38220003354163085222016-01-07T18:38:44.238+00:002016-01-07T18:38:44.238+00:00JB, my bad, well spotted, I have corrected the las...JB, my bad, well spotted, I have corrected the last bit.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-81936472282606865062016-01-07T09:21:18.444+00:002016-01-07T09:21:18.444+00:00O2 (formerly Cellnet, the one BT used to own) is s...O2 (formerly Cellnet, the one BT used to own) is still O2 - it's currently owned by Telefonica, the Spanish equivalent of BT.<br /><br />EE, on the other hand, was formed by the merger of T-Mobile (was One2One, was Mercury) with Orange (was always Orange).<br /><br />Also: Sainsbury's has done jolly well on the deal, since it's picking up Homebase and Argos for the price it sold Homebase.john bhttps://www.blogger.com/profile/13784096180652522939noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-50062418939737971942016-01-06T18:30:30.254+00:002016-01-06T18:30:30.254+00:00TS, true dat.TS, true dat.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-82782054305858045472016-01-06T13:58:21.640+00:002016-01-06T13:58:21.640+00:0016 years, no increase in value. Seems like Sainsbu...16 years, no increase in value. Seems like Sainsbury's did the right thing.<br /><br />In many ways, Argos and Homebase are a bit immune to Amazon. Argos is a catalogue operation with cheap stores, not all fancy stuff. I still buy some stuff there because for 50p more to pick up a new game right now rather than waiting 2 days is worth it. And heavy stuff like paint is a sod to deal with any other way than B&Q/Homebase.Tim Almondhttps://www.blogger.com/profile/13369256383976094670noreply@blogger.com