HLG VERY lightly traded most days.
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HLG VERY lightly traded most days.
By memory its was $4 something late 2021.
Just looking at the chart it stayed above $4 for 3 months.. so like i say no excuses not to exit if you followed the hype machine. everyone has to take a bit of responsibility for their own investments. like these articles lately of people blaming the bank for high mortgage rates or retirees not happy they bought a $2m RV apartment in Tauranga even when the whole family says dont buy it. Its on you.
Hey FiordlandMoose when you say ' it seems plausible HLG may achieve a 1H FY23 NPAT in the 30-35m' you could be right on the mar
Amazing performance - that would mean that HLG made as much NPAT in six months than they made in a record full year
Why shouldn't some be excited about the prospects - doing more in six months than in a record full year is some effort
Pity some other companies that punters have huge faith in don't perform like this .... or in some cases even turn in a profit
Very salient points Baa Baa. Casual & smaller investors, especially, would be wise to take heed of your cautionary notes.
Despite HLG in the whole operating in a very disciplined manner, it is a classic example of a company's share price being much more directly tied to market 'sentiment', rather than the actual operational & financial performance of the company.
I also note that with HLG the key cyclical pivot points on the chart tend NOT to be rounded, but more dramatic (sharp) when reversing. Therefore those that aren't aware can find their position (long or short) under water quite quickly when the tide changes. Not surprising though, as this tends to occur with more thinly traded stocks generally speaking.
Cycles are a part of life (and the markets), so it's handy to be aware of any cycles that are in play. For me one cycle that seems to be in play with HLG is that significant peaks have shown a tendency to form around the end of the 4th quarter to the beginning of the 1st quarter (Calendar year).
Does late 2022/early 2023 mark another pivot point? Only time will tell...
https://hotcopper.com.au/nzsx/hlg/discussion/
most recent sign of anything in way of few comment postings was 28 March 2019
that's almost 4 years ago
Are we missing something ? ;)