HLG - Hallenstein Glasson

[Balance]

No wonder they're nearly extinct

Their half year ends today and i am really looking forward to the sales update in a few days time, the annual meeting on 9 December and the massive dividend feed on 15 December just in time for Christmas. Wouldn't it be a "real shame" if they did by some chance get NZX50 inclusion

SKT looks like it is on the way out of NZX50 - so who will replace it?

Rather excitable as we will find out next week.

[Waltzing]

" suburb of Chartwell " its got a big shopping centre and an empty movie complex...

im not allowed to say!

not me though... another chap..

SKT will be very disappointed ... all that hard work to be replaced by a coat hanger.... terrible ... MR B will be happy....

this chart is compressing showing a strong momentum upward swing. It will need poor numbers to slow the compression. Once a stock moves into a compression pattern it can break out to the upside if the growth pattern persists.

Fashion matters!

[Cyclical]

" suburb of Chartwell " its got a big shopping centre and an empty movie complex...

im not allowed to say!

not me though... another chap..

Every time I go near the place, the wife and daughter try to get me to go to H&M to get me to do some proxy shopping for them...I wonder if they'll last there? I don't imagine HLG would be too upset if they didn't.

It's not I either...another chap...

[Balance]

https://www.scoop.co.nz/stories/BU20...ber-monday.htm

Retail sales powering ahead.

[Greekwatchdog]

For Bars Preview for Index change. I know some on here are hopeful..
S&P/NZX Index Insights
A Quiet Finish to a Year of Change


We pick that there will be no changes for the upcoming S&P/NZX December 2020 quarterly index review. Official outcomes
of the review will be announced close of market Friday, 11 December 2020, with an effective date close of market Friday, 18
December 2020.
A busy year: however, no changes expected for final review
The 2020 year to date has seen three new constituents enter the benchmark S&P/NZX 50 indices, namely Napier Port (NPH), Serko
(SKO) and Pacific Edge (PEB), each replacing Gentrack (GTK), NZ Refining (NZR) and Metlifecare (MET) respectively. Infratil (IFT)
entered the large cap index (replacing SKYCITY [SKC]), and Summerset (SUM) entered the S&P/NZX 20 index, replacing Air New
Zealand (AIR). However, for the last review of the year (December 2020), our calculations indicate that there will be no constituent
changes to the benchmark indices.
Figure 1. December 2020 Review: The Forsyth Barr Pick
Index Enter Exit Expected Weight (rank)
S&P/NZX 10 no change expected n/a
S&P/NZX 50 no change expected n/a
S&P/NZX 50 Portfolio no change expected n/a
Source: Forsyth Barr analysis
The current status
Figure 2 outlines the current rankings for inclusion/exclusion for the S&P/NZX 50 indices. We, at this stage, see no obvious near term
changes ahead. The six-month average market cap automatic entry level to the benchmark index is currently $413m.
The year has seen a large number of share placements (we calculate ~30x). We take the opportunity to remind index followers that
for a placement to be eligible for "Accelerated Implementation", the materiality threshold is 5% of totals shares and US$150m.
Otherwise the placement is recognised at the next subsequent quarterly index review.
Figure 2. Current Rankings for S&P/NZX 50 Index Inclusion/Exclusion
Ranking Code Current status 6-mth average price 6-mth average market cap
42 PEB S&P/NZX 50 Member $0.58 $420.51m
43 FSF S&P/NZX 50 Member $4.00 $418.16m
44 (entry level) ANZ S&P/NZX 50 Member $20.29 $413.11m
45 RBD S&P/NZX 50 Member $12.10 $377.31m
46 VGL S&P/NZX 50 Member $1.56
47 NPH S&P/NZX 50 Member $3.57
48 SKO S&P/NZX 50 Member $4.12
49 SKT S&P/NZX 50 Member $0.15
50 THL S&P/NZX 50 Member $2.13 $258.08m
51 HLG $4.66 $222.43m
52 ERD $3.79 $204.62m
53 BGP $3.65 $186.59m
54 WHS $2.17 $172.97m
55 CVT $3.08 $165.47m
56 (exit level) AFT $4.73 $153.37m
57 TRA $2.32 $151.05m
Source: Forsyth Barr analysis, ranking 44: automatic entry level, ranking 56: automatic exit level, S&P DJI restricts publication of index constituent information to 10% for any given ind

[BeeBop]

As of today, HLG is sitting at a market cap of $412m...It is more than just the market cap but they are in quite a different position to the 6-month average.

[Beagle]

I haven't been expecting an inclusion at this December review date but am quite hopeful for inclusion in a future review date possibly in 2021.
Meanwhile I expect a strong sales update in the next few days and see the currency is well over U.S. 70 cents so I expect that will provide useful gross margin tailwinds going forward.

[Balance]

For Bars Preview for Index change. I know some on here are hopeful..
S&P/NZX Index Insights
A Quiet Finish to a Year of Change


We pick that there will be no changes for the upcoming S&P/NZX December 2020 quarterly index review. Official outcomes
of the review will be announced close of market Friday, 11 December 2020, with an effective date close of market Friday, 18
December 2020.

Source: Forsyth Barr analysis, ranking 44: automatic entry level, ranking 56: automatic exit level, S&P DJI restricts publication of index constituent information to 10% for any given ind

Thank you, Greekwatchdog.

Much appreciated.

[LaserEyeKiwi]

https://www.scoop.co.nz/stories/BU20...ber-monday.htm

Retail sales powering ahead.

The latest Retail NZ Sales Index, shows that spending through November remained strong, and that total spending since March is now ahead of last year.


“The Retail NZ Sales Index for November reports that spending through the month was around 25.7 per cent higher than last year, and that total spending since March is now 3.4 per cent higher than for the same nine months last year,”

wow.

[Greekwatchdog]

No problem. Good Luck to you all on this.