Got my full of HGL for now. Just a waiting game till the end of January for update.Don't want to be too greedy, left some for you. Have been visiting a couple stores lately to monitor progress....busy,busy,busy:t_up:.
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Definitely not something to be trifled with that's for sure :D I think I got to 38 cps without any persuasion or special sauce a while back...if I overindulge I might imagine those two numbers around the other way LOL.
P.S. Anyway speaking of Christmas and gift giving...HLG the gift you give yourself that keeps on giving...can we please have a brief hiatus in all the positive posts, I'd like to stuff a few more into my own Xmas stocking as close as possible to $3.00.
So we've spent a lot of time talking about the positives which there are plenty :)
Playing devil's advocate here. What do you think the potential risks to hallensteins over the next year aside of the obvious competition. Anything you think COULD hamper the share price?
I conducted an informal survey with my clients regarding their expectations of December retail.
I gave them four choices with 1 being times are tough and 4 being Spectacular
The results were
- 2% (Times are tough)
- 38% (Normal)
- 44% (Good times-retail therapy tonic of choice)
- 8% (Spectacular)
- 8% No opinion expressed
......you did say anything?
Thank you for playing Devil's advocate here, hopefully I can beat the SP down 10 cents on a temporary basis so I can buy some more on the cheap, oh my goodness did I really say that out loud :blush:
1. Currency could hurt them, when it was circa 64-5 cents last year it hurt, they're going fairly short with forward cover so a sharp currency drop could even have an effect this financial year
2. A possible fall in consumer confidence caused by any major factor including a material increase in interest rates
3. Rising mall rents
4. Competition opening up at a greater rate than HLG are able to meet with refreshed store formats, (refreshing of store format has boosted sales in stores near where new competition has opened up)
5. Very unseasonable weather, e.g. wet / coldish summer, hot dry autumn, record warm winter temperatures, or all the preceding.