Another iconic brand Jeanswest goes under in Aussie, 126 stores and 1000 jobs, at this rate HLG wont have a lot of competition left. Lol
That's a LOT of stores ! People have to buy their jeans from somewhere and most want to try them on to see if they fit properly before doing so.
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
So HLG is cyclical after all ....and on way down from high of $6.30 odd
Bottom $3.50 maybe (a cyclical basis)
Wonder what the divie will be when it gets down that low?
I think that's pretty mischievous. The whole market is down today.
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
I think that's pretty mischievous. The whole market is down today.
...and retail in general expecting even more challenging times than they’ve had
Cyclical swings (in both demand and the share price) ...up and down ...and down now induced by likely impact of virus on both consumer demand and sharemarket sentiment
”When investors are euphoric, they are incapable of recognising euphoria itself “
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