Happy 54th SINGAPORE!

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Happy 54th SINGAPORE!
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Wesfarmers: 1st Half Net Profit Falls 87% on Bunnings, Target Writedowns
Net profit for the six months through December was 212 million Australian dollars (US$167 million). Excluding the writedowns, net profit was roughly A$1.5 billion, a decline of nearly 3%. Operating revenue, however, rose about 3% to nearly A$36 billion.
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Wishing Everyone a Prosperous Lunar New Year! GONG XI FA CHAI
HCN.NEWS | December 2017.
It's been a sensational couple of years -- extending vertically into our current industry and crossing over to lucrative new ones.
We have seen ourselves grown, enriched and extend beyond our initial life goals.
Gratification comes in many forms, and the key has always been to surround oneself with likeminded people -- that's the imperative to success in life beyond just business.
Leave behind unconstructive situations, doltish and highly toxic individuals -- they will always be part of the problem and never the solution serving for the wider good.
We look forward to 2018 in earnest and may joint efforts give rise to greater synergies.
Special shout out to Tori from Mercedes Benz Toorak for always looking after us.
Our zippy little addition to the family coincides with the last eighteen months of blissful toil.
"The runway ahead is long" -- as surmised by an industry mate.
Stay profitable and speak soon, Ray
Ray Quek HCN.NEWS | Hardware Channel News Facebook | hardwarechannelnews Twitter | @hcnaustralia
Our sincere and heartfelt thanks to everyone for making this a fantastic year! Wishing everyone and all they hold dear a safe & festive holiday season with a bright and prosperous 2017. Speak soon and see you in the New Year. Warmest regards, Ray Quek HCN.NEWS | Hardware Channel News Facebook hardwarechannelnews (https://www.facebook.com/hardwarechannelnews/) Twitter @hcnaustralia (https://twitter.com/hcnaustralia)
Masters employs muscle to control ugly behaviour "Hardware insiders report GA is moving stock around the network, pulling good stock out of unpopular stores and shifting it into their higher traffic outlets. "One supplier said it was expensive to move stock around the national network and it left the weaker performing Masters stores with unappealing inventory. "Masters has already taken pricing information off its website and closed phone lines to its stores." Source: SMH Read more: http://www.smh.com.au/business/retail/masters-employs-muscle-to-control-ugly-behaviour-20161012-gs0jl8.html
Costco set for record Australian sales "We're hoping to open one [store] in Marsden Park in Sydney next year, in July. And [the northern Melbourne suburb] Epping is probably going to be [20]18, I think. That's the horizon right now. There are a number of other opportunities around the country but those are the two that we have in the works." "Still, Mr Noone suggested Costco might pick up some of the land now up for grabs from the collapse of Masters. "I don't think there's any definites there yet," he said. "We're always interested in new sites but right now it's pretty confusing so I don't know how it's going to work out." Source: SMH Read more: http://www.smh.com.au/business/retail/costco-set-for-record-australian-sales-20161002-grt4p6.html