Briscoes share price up nearly 25% since they said they repaid covid wage subsidy.
HLG on the other hand only up 10%
Made we wonder if the market is rewarding a good corporate citizen for repaying the subsidy ....enhanced reputation goes a long way ...and they outperform their peers
Just a thought
Whatever Rod keeping punters happy
Have you considered my good friend - that a 'higher % of a lower SP' can equal or even be less than 'a lower % of a higher SP' ?
HLG still seems to have advanced further in $ terms - well doesn't it ?
Tomorrow or the next day on a new upcoming update for HLG could even turn mysteriously the tables further too ..
i consider most on this site are long term investors so looked at this way bgp is outperforming hlg as an investment ytd. if you were a trader and timed entry and exits to perfection hlg would have performed better over only some timeframes
bgp ytd
26% + divs
hlg ytd
10% + divs
and as winner mentioned bgp paying the wage subsidy back could very well have been a catalyst for bgp out performance , not only did rod create great brand awareness by doing this he probably brought new customers on board. time will tell if hlg by not paying back the subsidy affects there brand
Everyones inside and wants to freshen up their home or home office. Especially also as work from home is a permanent fixture going forward for myself included.
For hlg its the opposite, no need for new clothes if you can work in your pjs at home half the week
Up another X percent today. As someone who missed the latest rally what would you suggest I do .... buy in now when the stock is looking heady and had a good run, or find another retail stock to invest in.
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