Originally Posted by
Filthy
So.... BGP is trading 0.86c off its pre-Covid high of ~4.50 (23.6% off). In comparison, HLG is trading $1.63 off its pre-Covid high of ~$6.00 (37.3% off).
HLG with (what I perceive to be) a slightly better online offering, which is really important (especially if we bounce around these 'levels' for a bit). HLG also has a stronger divi (0.15 deferred, plus another in DEC and another in APR of maybe ~0.16 & ~0.15).... BGP with maybe 0.18(ish) total, so....at a guess, its maybe 7% vs 5%
Assuming both retailers (bearing in mind BGP is slightly more 'defensive' because of its diversification) continue to weather the storm and the divi-hounds (or beagles) come out in a low-interest environment, AND they both match their pre-covid results in ~2022, it seems to me that HLG has a bit more headroom for a return...
disc. hold HLG
disc. dont hold BGP, but happy to be convinced! (was looking for a ~$3.10 entry after Q2, but I seem to have missed the boat)