Yes Jeremy , excelllent point. I didn't mention that there was NO signs of any discounting on the windows or product. Also the significance of the MEL store humming is that the Aussy's are loving the merchandise. That means........ growth.
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Yes Jeremy , excelllent point. I didn't mention that there was NO signs of any discounting on the windows or product. Also the significance of the MEL store humming is that the Aussy's are loving the merchandise. That means........ growth.
Vested interest. Really liking the fact that Timothy Glasson has 20% of this company and has sent the young Glasson over to Aussie to drive Glassons Australian growth.
I am very happy with HLG's progress as it is my largest holding being over 38% of my portfolio.
I bought it in August for $2.93 per share & plan to hold it long term or until it has any misfortune to cause it to trigger my trailing stop loss.
Looking forward to next months dividends.
All the proof you ever need that management / directors having a significant stake is but ONE of many factors to consider carefully when choosing one's investments. Me, I reckon Insurance companies, (what with the 1 in 100 year weather events happening 4 or 5 times a year now) is best left to those that enjoy playing Russian Roulette.
Very nicely done. I bought quite a few at a similar level and topped up in the low $3's. Looking forward to hearing how the Glassons expansion is going in Australia when they report their half year earnings on 30 March...(well that's the date they said but not quite sure how that works seeing as that's Good Friday). Going down to the pet shop today, I'll need a much bigger dog food bowl for April's dividend :D
p.s. had to fork out $50 on a belt today at Hallensteins as that was the cheapest in the mall! Must be pretty good margin on that sale, they had some nice shoes I was thinking of buying too (all at full price). Store again was busy.
What on Earth is Barkers doing? Their marketing team needs to learn a lesson or two from Hallensteins me thinks. They are so grossly overpriced for the quality and their clothes aren't at all hip.