HLG - Hallenstein Glasson

[Waltzing]

"Hey waltzing - the cyclical downturn starting to happen?"


Winner(n)

oh no ive been back in the country to long!!!

the fab south island white wines are softing my selling attitudes.

im a believer !!! im willing it back up!

the spell of the long white cloud.

[Balance]

https://www.bing.com/images/search?v...RST&ajaxhist=0 Being held back by the lead (AKA 15% self imposed portfolio allocation limit)...time for some creative accounting me thinks.
On Monday it will be March so if I take off the 25 cent divvy due the following month and juggle a few other figures around I can get it down to 14.25% which gives me a bit more slack in the lead...or I could just bust the lead off and run free

Thank you LasereyeKiwi...good point about it being just under $7 taking off the dividend due soon.

Indiscriminate selling yesterday by traders and cautious /nervous investors in some stocks like HLG which have performed exceptionally well YTD, rather than anything inherently wrong with the companies or economic settings imo.

If inflation becomes a problem (which appears to be main reason for recent global selloff), then we know that well managed cyclical stocks with proven track records are actually the best inflation hedge.

And HLG falls squarely into that category.

So I will be there on Monday to pick up a few more too if the selling continues.

[Waltzing]

as the 10 year rises over all vix should increase... banks could be the trade.. people buying clothes dont look at the 10 year nor the vix.


Quotes from Cramer
"feb job reports if strong could trigger selling"

we will keep holding this stock (very small as we sold and rebought a very small amount)

But in another portfolio trade some if it drops back to support lines.

[Beagle]

Financials have pricing power and so do retailers. I think extra supply chain costs are well known by the general public as its been all over the news in recent months and generally speaking there's a growing acceptance, (perhaps somewhat begrudgingly), that if you want something its going to cost a bit more because of extra costs to get it here and in some cases the extra cost to manufacture it.

I think the H's (HGH and HLG) have pricing power and with their very high yield, and compelling value in terms of PE ratio they will both do well in a rising interest rate / economic growth environment.

I think this is a market where value outperforms growth stocks.

[Waltzing]

Could be some nice buying this week in a few stocks under level red. Picked it by 20 minutes over end of summer wine.

[Beagle]

Wage subsidy kicks in again right across the whole country. Yeah there could be a few people looking to throw the baby out with the bathwater, so too speak.

[winner69]

Wage subsidy kicks in again right across the whole country. Yeah there could be a few people looking to throw the baby out with the bathwater, so too speak.

That’s good .....hope they get plenty as HLG needs as much corporate welfare they can get their hands on to turn what’s looking like a not so good full year into a more respectable one.

Shame they need to rely on corporate welfare to achieve this


Jeez you can’t stop stirring can you ....note I didn’t mention ‘subsidy’

[Balance]

That’s good .....hope they get plenty as HLG needs as much corporate welfare they can get their hands on to turn what’s looking like a not so good full year into a more respectable one.

Shame they need to rely on corporate welfare to achieve this


Jeez you can’t stop stirring can you ....note I didn’t mention ‘subsidy’

Has Trevor Mallard paid back the $330k back to taxpayers yet, W69?

[Beagle]

Edit....we've been there already...best to not go around in circles.

[LaserEyeKiwi]

The wage subsidy is smaller than the amount HLG pays its employees - pretending it is somehow advantageous for HLG to be closing its Auckland stores for a week, and people being discouraged to visit stores over the rest of the nation under level 2, is entirely disingenuous.