I think I missed the train with HLG.
Printable View
BP’s view is that because HLG has shown cyclical behaviour in the past it will continue to so into the future ...and he has said a few times it’s at or near the top of the cycle currently (code for the share price may go down soon)
Couta’s view is that strong future growth in Australia (and maybe their ability to successfully adapt to changing retail trends) will mitigate any short to medium term ‘cyclical’ pressures (code for the share price will hold up if not improve in the medium term)
When growth stops in Australia BP might be right ...HLG might become cyclical again
Warehouse going to war - the Leadership Squad has been appointed - to act in an agile way
Cool
https://www.nzx.com/announcements/347876
WHS looking real cheap to me on the back of trading update. No material supply issues or impact expected on FY20.