Has HLG advised how many stores they are looking to open in Aussie over the next 12 months?
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Has HLG advised how many stores they are looking to open in Aussie over the next 12 months?
Slowly Slowly Catchy Money...
Great post mate. I like your style, I have been doing the same.
I wouldn't be averse to a share split but I doubt it will happen.
I really like the way they are very cautiously expanding. With HLG management, (unlike some companies), there is never any doubt whatsoever that they are acting in the best interests of shareholders at all times. I put this down to the the retail legend Tim Glasson having his 20% stake and his own son James doing such an outstanding job running the Australian operation. James doesn't have any problem with finding a great mentor for advice any time he wants does he !
If one is invested in a high dividend yield company, and intends to reinvest all dividends back into said company - then it should be viewed as a good thing for the share price to be lower, provided there is no underlying change in the company fundamentals and growth expectations.
Why is it good for the share price to be lower? For the obvious reason that if you are reinvesting dividends into the company then the lower the share price the more shares you get from the re-invested dividends.
That is the viewpoint I have for all the high dividend payers I hold.
" reinvesting dividends into the company then the lower the share price the more shares you get from the re-invested dividends."
interesting i wonder what MR B thinks about this investment strat...
well after the panic sell off on the DOW last night the HLG NZX retail is UP!!!
AUS house hold saving are up....big increase in bank deposits.
Even more delays to plane travel so good for retailers.
No travelling anywhere, ever again.
special equipped 747's or A380's will get you there...
JULY 2022... sky's will be standing room only..