HLG - Hallenstein Glasson

**Beagle** · 21-03-2019, 09:40 PM

Originally Posted by couta1

What a little beauty this is compared to so many other Dog stocks on the NZX, always looking for more when weak hands offer them up at the right price.

Barking mad I am about getting blindsided by disingenuous management at Synlait.

22 cent divvy to be announced shortly, I called it first

**King1212** · 21-03-2019, 10:04 PM

Just finished reading thier financial report beagle....the company cash flow is really good...and they managed to turn around thier stock well and fast. Top 20 holders, mostly are fundies and Long termers..so left 34 m shares...

online shops are well established too...which is great for current market.

consistent dividend payment..which in the current market is important. I think the current sp is a good entry ....might get in tomorrow ....

it it will be a good dividend share for the next couple years.

**Maverick** · 22-03-2019, 07:13 AM

The potential share prices suggested here recently seem way to low for me. The maths speak for themselves.

first half profit,15.9mil ( not confirmed but it will be so close), plus winter to come, 12.3 mil( that's just last years H2 profit thrown in, I suspect it will be better though as it was pretty ordinary) = fy19 npat 28.2 mil
thats an EPS of $0.47
last 4 years of PE's sit around about 11.4 sooo......$0.47 x 11.4 = share price $5.36
It seems reasonably safe to think Grahger has finished selling, plus a cheeky 20-22 cent divi (imputed) arriving shortly. What's not to like?
There is a more than even chance that either/ both profit and PE will be even higher.
Its just science and maths.

**King1212** · 22-03-2019, 08:10 AM

Originally Posted by Maverick

The potential share prices suggested here recently seem way to low for me. The maths speak for themselves.

first half profit,15.9mil ( not confirmed but it will be so close), plus winter to come, 12.3 mil( that's just last years H2 profit thrown in, I suspect it will be better though as it was pretty ordinary) = fy19 npat 28.2 mil
thats an EPS of $0.47
last 4 years of PE's sit around about 11.4 sooo......$0.47 x 11.4 = share price $5.36
It seems reasonably safe to think Grahger has finished selling, plus a cheeky 20-22 cent divi (imputed) arriving shortly. What's not to like?
There is a more than even chance that either/ both profit and PE will be even higher.
Its just science and maths.

yup..especially with current market where all stocks are fully priced and many sick dogs around. HLG would be a great dividend stock

**Beagle** · 22-03-2019, 03:48 PM

Any good dividend hound would be barking mad not to have some of these in their portfolio. Ultra low interest rates for many many years and HLG probably giving a gross yield of somewhere around 13% makes this a dividend hounds best friend.

**Baa_Baa** · 22-03-2019, 10:34 PM

Originally Posted by Beagle

Any good dividend hound would be barking mad not to have some of these in their portfolio. Ultra low interest rates for many many years and HLG probably giving a gross yield of somewhere around 13% makes this a dividend hounds best friend.

Currently looks like the trend might have reversed to the upside, testing your favourite 100MA today as well, but pulled back from that today. What could possibly go wrong eh?

I get the fundamentals and the ROI, but I don't get the eagerness to invest in a cyclical that is still trading well below it's long term MA's and in a technical down trend. Maybe ones new MO of buying the divi has replaced the capital sensitivity but I guess we will see how that plays out. A week in the market can make a difference as we've seen this week with SML.

SP's go up and down, it's a big ask to shift from capital growth/sensitive focused to being inured to capital movements just because it pays a half or quarterly payout.