HLG share price heading back to sub $3 by looks of it
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HLG share price heading back to sub $3 by looks of it
Raz looks like he's been cleaning out the last of his holdings this morning.
Should be good buying again, just like last year around August-Sept at ~ $2.70. Stock owes me nothing, probably have another dabble at around that level again in due course, Nil held at this point.
Sold all of my HLG holdings soon after it went exdivi. HLG might be a good retail business but I think Amazon.com is going to tear down nz online businesses in the longeterm.
My wifes friends spend a lot of money on clothing from US stores that send here, once amazon comes one continent closer I bet they'll be buying from them.
Interesting
http://www.smh.com.au/business/retai...24-gwc4ab.html
Maybe Di weaving her magic made it too tough for them
Going back a bit in this thread some on here thought Top Shop were going to slaughter HLG. HLG been around for a LONG LONG time and aren't going to roll over like an old Labrador and play dead anytime soon !
Bookshops, CD shops and even video rental stores don't exist in the same way they did even 10 years ago.
Just because a store has been around for over a century doesn't mean that it will be around for a century more. These big global chains didn't become big global chains for nothing.
I'm still a believer in HLG but it certainly pays to be aware of what is going on. Retail globally is changing pretty quickly at the moment.
Tough sector...................
Avoid...........................
disc.brought more LOV asx.??????...