I note Briscoe's PE has crept up to 17
HLG still around 14
WHS PE still over 20 and MHJ in the 30's
NZX numbers
Printable View
I note Briscoe's PE has crept up to 17
HLG still around 14
WHS PE still over 20 and MHJ in the 30's
NZX numbers
HLG a classic dividend hounds, value and GARP (growth at a reasonable price) stock. Surely that's a winning trifecta in the long run ;)
Now that Vaccines being rolled out around the world, the window for future lockdowns that close retail operations in NZ & AUS is dwindling smaller by the day. We are now in busiest 3 weeks of retail spending of the year, and every day we get through that doesn't lead to a lockdown increases the likelihood for a very good half year result.
In regards to dividends being reinvested in Hallensteins, has this historically lead to a share price bump on payout date?
it seems that way .. but is it oversold currently in relation to rest of the market ?
A nice large pre Christmas bonus always goes down well - thanks HLG
A 2 for 1 share split could be interesting if HLG were to consider it .. ;)
That would still mean slightly less that 120 mil shares if they did & further room to rise into the clouds again ..
its was a rocket... engines have cut off as it went into space ...:eek2: ... again.... someone hit the booster start button...
official AUS stats always increase in december for retail.
Stats NZ Card Spend for November
Apparel up 4.3% on last year - annual spend still 10% below a year ago
Punters splurging big time post lock down but not that excited about clothes.
Much the same in OZ
Much the same market conditions in Australia (actual retai and not card spend)
Even though it appears as if punters are not yet into buying clothes big time HLG look like they doing reasonably well and probably taking share from others
Got to be careful how you name your fashions
Do Glassons sell $300 dresses for that summer party?
But I hope they are culturally aware ...although a bit of free advertising isn’t all that bad.
https://www.newshub.co.nz/home/lifes...ers-dress.html