Let me assure you that there’s a rock solid 10%+ minority in JLG who will not allow that scumbag Falkenstein to steal the company without paying a very very full price.
Which he may do (pay a very very full price) just to get rid of them.
Tony just has to get a few other significant holders including a Heather Falkenstein (a relation to tony ya think). Actually I think he prefers the profile that being public offers him
Tony just has to get a few other significant holders including a Heather Falkenstein (a relation to tony ya think). Actually I think he prefers the profile that being public offers him
You do not know Falkenstein as much as those of us who have dealt with him.
And I will add this which is pertinent to assessing HLG - I have sat in on a Tim Glasson presentation years ago and there is no doubt in my mind that he knows and understands the fashion industry inside out. That’s not to say that he is a great manager of course which is why he has a CEO to run the business.
Much Appreciate MR B's Comments on a saturday. And looking forward to the full year report.
With AUS treasury spending up large on increases in resource exports it will be interesting to see what there +-GDP % will be in comparison to be to NZ.
Aus Deficits could be the factor that drives HLG performance.
Massive spending on the way in AUS the size of which NZ cant compete.
After NZX 50 inclusion look for this share to Dual List.
The Prof says complacency is a danger - . “We tend to think if a brand has been around for 150 years, it will always be around. I bet Debenhams thought that too.”
How long Hallensteins been around
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Thanks Winner.Am quite heavily invested in MYER (but not as much as HLG which is my no 2)
The ceo of Myer hinted at resumption of Dividends this year. Let's hope the turnaround progresses.
Originally Posted by Balance
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And looking forward to the full year report.
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