My thinking exactly.!!!lol.
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Glad Percy's came up with a 35 cents eps figure for F17.
About what I forecasted a while ago - and got accused of ramping and all that stuff. Even Roger pooh-poohed the thought.
A 7% sales increase with 2% points higher margin (even Arbroath is implying that) with. Few million more in expenses will give $23m npat - about 35 cents a share.
Methinks that 35 cents eps is pretty safe
Heck that deserves a share price well over $4 - even at $5 is only a PE of 14
(PS - I wouldn't go as high as 40 cents for F17 - thats just ridiculous......maybe F18)
Dunno about that Winner. The hound sniffed this profit increase out way back on 10 August 2016 when he was buying at ~ $2.70. A well bred pedigree divvy hound can smell a solid feed coming from a mile off :D $22.5m = 37.75 cps. Disc - no special sauce was consumed before or during this or the 10 August post :) Thing I like about HLG's accounts is they're so simple to understand, even my old fashioned steam powered abacas seems perfectly capable of crunching the numbers.
Yeap I think we had / have this one sussed-out quite nicely. I think you, Seeweed, I and a few others others picked the bottom on this one with impeccable timing. As you say, in the context of a weak market overall since then and a 16.5 cps divvy the gains since $2.70 in a few months have been pretty good and I agree that there's plenty of gas in the tank to run.
Di's been doing very well at Glassons I reckon. Give her a decent brand and she's grabbed the ball and running flat out with it, (nobody could have saved that pup, PPL).
Forget about ATMs, RYMs, SCLs, SKTs, TGHs, and TILs etc. for now. Come over here for a while over Christmas. We are having a ball.....just a quiet ball. Put your funds into HLG for a couple of months, knowing that a good div and results coming early next year;). No worries, rest easy over the holidays knowing good divs on there way and prob a little sp rise:t_up: Merry Christmas
Share price has had a nice run up, still held a small parcel before I noticed the comments (shout out to Rodger in particular) on this one and then had a closer look for myself..bought in at the right time a more substantial parcel..using my classic car money...thats not family money.. so watching this one closely as my hobby depends on it ha !!
Would one days turnover of $20,000 plus be good turnover out of a small Glasson store?