Originally Posted by
winner69
Probably expect a sales update first week in December and HLG goes ex-div on the 7th ....hmm
Maybe wise to be prepared for a double whammy to the shareprice
Just imagine a sales update like - sales up 4% on last year (recall they were up 12% after 8 weeks) and they mention stock shortages in lead up to Christmas and mention margins under pressure from high freight costs and unfavourable exchange rates.
That'll take 10% plus off the share price and then when it goes ex divie we could see a share price of $5.50 in a few weeks
Always pays to look at upsides (prob limited from here) amd the downsides (what I've mentioned would not surprise me)