Come on mate fess up and be honest and add to that statement...and ready to buy on the drip at ~ $3.10 :p
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Nice...shame about the small loss you took on the ones you bought this morning for $3.25 but losing small battles is okay as long as you win the war eh mate :) Don't let some posters negativity get you down. Retailers differ markedly in their ability to turn a buck... or twenty million bucks :)
Not hard to find value:
Resources are still in a clear uptrend - though most resource stocks are admittedly on the ASX (e.g. the biggies BHP, RIO, but there are hundreds of uptrending specialist stocks - e.g. ATC).
There are a number of smaller and less liquid NZ property stocks doing just amazing - e.g. CDI, MCK (mix of property and tourism);
There are obvious stars like THL (tourism) and TNR (car sales / finance / insurance);
Ah yes - and don't forget agriculture (e.g. NZK - and potentially as well SML);
Just from memory - and I could go on for some time, but as a general rule - you find better value in the stocks less people talk about - have a look at the quieter threads around this forum and do some research into these stocks. The threads with lots of up rampers might produce short - or midterm nice spikes (great for traders), but as soon as everybody starts to praise a particular stock, than even good stocks quickly turn too dear.
If you just frequent the upramper threads, than yes, you will see me more often bearish (and rarely without a good reason).
Obviously - just some examples and no recommendation. DYOR;
Discl: Hold most of above (actually - all but RIO);
Happy research & investing;
The reasons I brought HLG remain the same.
Therefore no reason to sell on no news.
From the agm we know they are trading well.Clothing retail sales have been strong over the Christmas period.
I look forward to Friday's update with confidence.
Im hearing, generally that women are migrating to the online sales for Glassons well,whereas guys still tend to come in to shop ; but that location in the newer malls ; shopping centres ,where the greater foot traffic is ;is performing way higher than the older downtown area shops ;has been good business wise. But couldn't get an idea re comparing with last year from my source. How many downtown locations that will move i don't know either but that will provide some upside down the track..
Enough of the experiments, prediction for tomorrow... Good results...13c div...2c special div. payed on second week of April ;).
I could have saved you the brokerage and told you that for free mate :p
They did well to pay a 16.5 cent final in December considering the modest result last year so the coffers won't stand up to a special. 13.5 cent divvy as per last year but that won't be declared tomorrow, have to wait for the actual half year result to be declared in late March for that. My prediction for the first half forecast update due tomorrow, sales up an average of 8% across the board, profit guidance for the first half of $9-$10m up from $6.82m in IH FY16. No profit guidance for the full year.
Still a difficult sector for some out there ........
http://www.nzherald.co.nz/business/n...ectid=11793144