HLG - Hallenstein Glasson

[nztx]

but where was whatever was in the bank of any Company a part of the C-19 criteria on being eligible for first etc Subsidies ?

Or are we seeing more feel good moral fluffies being dragged up again following a few Academics (who obviously need reading
lessons upskilling & a bit in way of real experience in the business world) continuing their little mindless moral tirades ?

Who would have thought some of the Academic quotient out there could find themselves with so little to do - with the lack of International Student numbers coming in ?

[winner69]

but where was whatever was in the bank of any Company a part of the C-19 criteria on being eligible for first etc Subsidies ?

Or are we seeing more feel good moral fluffies being dragged up again following a few Academics (who obviously need reading
lessons upskilling & a bit in way of real experience in the business world) continuing their little mindless moral tirades ?

Beside the decline revenue the conditions for eligibility also stated -

Your business must have taken active steps to mitigate the financial impact of COVID-19.

This could include:

drawing from your cash reserves (as appropriate)
activating your business continuity plan
Etc
Etc

[Beagle]

but where was whatever was in the bank of any Company a part of the C-19 criteria on being eligible for first etc Subsidies ?

Or are we seeing more feel good moral fluffies being dragged up again following a few Academics (who obviously need reading
lessons upskilling) continuing their little mindless moral tirades ?

I'm mates with a senior law lecturer at Auckland Law School. Known him for decades since our University days when he did a conjoint Commerce and Law Degree.
Heck of a nice guy but a classic absent minded professor and about as disconnected with the reality of the real world of running a business as almost anyone I know.
Just because some Roman sandal wearing professor in academia has an opinion on something, it means diddly squat in the real commercial world.

For anyone who wants to still endlessly engage in this circular and repetitive argument even further after it has already been fiercely debated at enormous length, fill ya boots here https://www.sharetrader.co.nz/showth...dy-pay-it-back

I suggest a far more pertinent debate we should be having as a society centers around the ongoing systemic payments every single year in good times and bad of billions of dollars in annual superannuation benefits paid to multi millionaire retirees who don't need it ! Are they paying it back or not taking it in the first place ?

[nztx]

Beside the decline revenue the conditions for eligibility also stated -

Your business must have taken active steps to mitigate the financial impact of COVID-19.

This could include:

drawing from your cash reserves (as appropriate)
activating your business continuity plan
Etc
Etc

Are you really sure that was Part of Eligibility for March 2020 C-19 Wages Subsidy or haven't taken time to check ?

[nztx]

Was the Subsidy really intended to be applied as follows ? -:

1. Your Company has surplus cash & has been really well run = Stiff Cheese

2. Your Company is on the bones of it's A*se & likely to fall over any day = Congrats - you qualify

[Beagle]

but where was whatever was in the bank of any Company a part of the C-19 criteria on being eligible for first etc Subsidies ?

Or are we seeing more feel good moral fluffies being dragged up again following a few Academics (who obviously need reading
lessons upskilling & a bit in way of real experience in the business world) continuing their little mindless moral tirades ?

Who would have thought some of the Academic quotient out there could find themselves with so little to do - with the lack of International Student numbers coming in ?

Well said. I tried to give you some reputation for that post but the system says I need to spread it around first...that's pretty hard on this thread lol

[winner69]

Are you really sure that was Part of Eligibility for March 2020 C-19 Wages Subsidy or haven't taken time to check ?

Better check then ..,

[arekaywhy]

Was the Subsidy really intended to be applied as follows ? -:

1. Your Company has surplus cash & has been really well run = Stiff Cheese

2. Your Company is on the bones of it's A*se & likely to fall over any day = Congrats - you qualify

aaaah...isn't socialism wonderful though? *pukes in mouth*

[arekaywhy]

... but don't feel its right or appropriate that they trumpet their efforts on here or anywhere else for that matter. ...

I wanted to say it by held my tongue

[Beagle]

Beagles are no good at resisting the impulse to bark
Got thinking this morning about the possibility of NZX50 inclusion for HLG in 2021 given the possible takeover of Infratil and the news this morning on ATM (which admittedly looks bad now).
HLG appear to be first cab off the rank if either of these two get taken over and then I know its stating the obvious but there's 48 other companies in the NZX50 that might get taken over too !
Then there's the chances of HLG growing enough for index inclusion of its own volition. Adding the above possibilities together I think there's actually a very strong possibility of NZX50 index inclusion in 2021. Additionally, FA looks very strong as does TA.

Thinking of getting some more for Christmas for ~ 10.5% gross yield next year...HLG the gift you give yourself that keeps on giving back !