It wouldnt be very difficult for HLG to enter global markets via their online platform like Asos etc do. just need a good distribution model.
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It wouldnt be very difficult for HLG to enter global markets via their online platform like Asos etc do. just need a good distribution model.
Another bad day and it goes below 450 I’m out
Everything points it to the shareprice having peaked and I reckon next year market wise won’t be that friendly for them
I am a little surprised you guys are so skittish. Its only recently gone ex a record 20 cps dividend so obviously that has some impact on the chart from a TA perspective but I note its still trading comfortably above the 100 day MA which appears to be about $4.40. Fundamentally its very early to be making a call on FY19 earnings, too early in my opinion.
The next divvy is 7 months away, so anything can happen to the share price meanwhile
Fear not young Bear, winner was calling for $6 not long ago and if I remember rightly BP only held very small cup full of these beauties.PS-If you look back you will see I cautioned those keen to pay $5 to get the divvy that they would get some for $4.50 if they waited(Post # 2085)
Less than two years ago they posted a profit of 13.6m so it wasn't that long ago.....
Anyway some of these comments are getting a bit ridiculous on here. Winner one minute you are praising the stock, the next you are selling out? $4.55 is fine. They just paid out a 20c dividend and the liquidity is low so a small decrease is nothing to worry about. It may fluctuate until the next update, but none of us can really make a good assessment until then. As mentioned FY16 was a poor year, FY17 was a good year but nothing spectacular and FY18 is likely to be stellar. FY19? It's too early to tell. As Beagle mentioned the dividend yield is extremely strong, even in weaker years. I was very encouraged by the Chairman and CEO update at the shareholders meeting where they talked about growth, so I do think this might be a step up - however I'm cautious because of how tough retail is.
So for me I hold a good sized position but will not be buying anymore until the next detailed update which will probably come towards the end of the year. DYOR