Late in giving us a forecast and trading update for the first half. Probably choosing their words for the narrative very carefully this weekend and we'll get that update tomorrow morning. Very good operators HLG but headwinds from Australian drought, then bushfires, now this new virus and possible supply chain issues as well as currency a bit softer and to cap it all off a huge increase in the minimum wage just around the corner on 1 April 2020, certainly makes life challenging for them.
Disc: I have reduced but still have a modest holding.
No ..weekends are for rest and the cutting and pasting and changing the date and putting new numbers in was done Friday
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Agree...not much thought went into that narrative.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by Beagle
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