We've been living with that risk for a while now mate, (as have other retailers). This still looks seriously underpriced on its metrics and prospects to the likes of WHS and BGR.
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We've been living with that risk for a while now mate, (as have other retailers). This still looks seriously underpriced on its metrics and prospects to the likes of WHS and BGR.
is that a hunt horn i can hear and those horses disappearing into the distance must be chasing a hound ... it appears im on foot back with the on lookers holding the reins of my horse in check...opera glasses at the ready.. handed down off course from a different time...flask in the hip pocket..
Aus jobs up..
Just for you mate. When Beagle's think they are on to something good they're not subtle about it :lol:, fast forward to 2:30 :) https://www.youtube.com/watch?v=pjz73dv9EEI
Another nice move upwards today to close at 650.
It will be interesting to see where the SP lands once it's XD on December 7.
many hounds on the trail... perfect!
https://www.youtube.com/watch?v=_YKV1dQAuAQ
https://www.youtube.com/watch?v=tH6h1NaK6_E
LOL - "Purrfect" Here's a video of keen HLG dividend hounds waiting for their massive dividend feed on 15 December. https://www.youtube.com/watch?v=XOkYeb-vip0
Anyway...another fresh all time high today.
Today close SP $6.47 - with still 2 1/2 weeks until ex Div
Any guesses for SP the end of this coming week ? ;)
$6.70 is my guess for next Friday but I would hasten to add that short term share price guessing is about as reliable a process as long term weather forecasting ;)
Probably expect a sales update first week in December and HLG goes ex-div on the 7th ....hmm
Maybe wise to be prepared for a double whammy to the shareprice
Just imagine a sales update like - sales up 4% on last year (recall they were up 12% after 8 weeks) and they mention stock shortages in lead up to Christmas and mention margins under pressure from high freight costs and unfavourable exchange rates.
That'll take 10% plus off the share price and then when it goes ex divie we could see a share price of $5.50 in a few weeks
Always pays to look at upsides (prob limited from here) amd the downsides (what I've mentioned would not surprise me)
I sat outside an Auckland Glassions today, the line to use the changing rooms was almost out the door and the cash register was going non-stop the 30 mins or so I was waiting. Just a constant line of people buying the latest summer range. Anecdote evidence doesn't mean much but it certainly makes me feel encouraged.
I didn't see any other clothing store in the mall experience anything like it, sadly that includes Hallensteins.