Learn from your mistakes
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Not that often mate
Been a believer for a few years and company performance followed but believe macro environment has changed and things might not be as favourable for HLG in the next year.
Essentially traded these up from about 270 so done OK
Suppose you are out at the moment ...when is the wind going to change for you?
You guys are only guessing, you have no idea of what sort of growth is going to come out of the Aussie operation over the next while. PS-Higher fuel costs can also lead to a certain % of the population using alternative methods of transport and shouting themselves a nice piece of kit from HLG lol.
No guessing her Couta, that is what changed for me...those in the middle are going to see their disposable incomes squeezed, need to be one of the chosen ones...those teacher and nurses will need their lofty pay hopes realised so someone in the middle has the disposable income to buy.
I have cashed up most NZ shares as a result of micro and macro changes here and as I have not been as watchful of late...
Forex, inherent limitations to hedging, pay parity claims, the living wage for some and I think inflation revisited certain does not help the average battler..only the stars will do well and they do not spend all that much at HLG.
My largest asset, a private business in the US has a windfall gain thanks to Trumps tax cuts so doubling down my energy on that one and partly selling out, nice to see the business revalued :-) They tell me fiscally the tax will have to be reverse in 3-5 years through. That Trump is a winner... ah winner? :-)