Mr Market likes it, already up 25c ...
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Mr Market likes it, already up 25c ...
Share price on fire ....might get to 5 bucks next week
Sales growth slowing though eh BP — 8 weeks +7.2% / 17 weeks +4.8% and 6 months +3.1% (means December / January not that flash)
But sentiment rules so OK for another year ....5 bucks soon and then $5.50 maybe
Not tempted to hold........... but well done & good luck to holders
Wonder how that Gragher crowd must be feeling...
Entry/exit points very true sb9 but Graghers future thoughts on outlook clearly changed and no easy feat moving volume as currently today 78k has moved share price by 31c
As has been pointed out in the past Fashion retail is a very difficult business - fickle customers and seasonal weather. But when it comes down to it for us investors the equation is very simple.
Great management = great results.
I am a happy holder
Exactly, Brain! And it makes a big difference if that management has significant skin in the game - as is the case with HLG - and Briscoes!
:)
From December 2018
Don't want to be a sour "puss" BUT
Beggared if I know how you reconcile management's repeated warnings about challenging conditions and margins under pressure with this mornings announcement WTF ?
Then there was the opposite fiasco with KMD saying growth was strong in November last year and now forecasting very modest growth which is actually negative eps growth.
One thing is absolutely certain is that this market is extremely challenging. Challenging to interpret the real truth from some of the B.S. issued by some companies.
I am extremely disappointed with the disingenuous nature of outlook statements made by both companies in late 2018.
Three or four "huge" days compared with three or four "poor" days at Christmas/New Year makes all the difference.
Hot days people stay away from shops.Couple of good cool or wet days,and malls do well.
On a good day you can do a usual week's turnover.Any experienced retailer knows you can be well ahead,and then quickly fall well behind.
HLG are not so foolish to promise great outlooks.
I have no issues being a buy and hold kinda guy with this stock, I judge the company by its outstanding track record through good and bad times, no debt, exceptional average divvy payments over many years plus the quality of the Top 20 shareholder base who haven't sold any(I dont include Gragher in this as they are fly by night players)