HLG - Hallenstein Glasson

[Beagle]

The Storm business is no longer considered a strategic core asset
of the Group as it is focusing its efforts on expanding its other two much
larger fashion brands, namely Glassons and Hallenstein Brothers, in both the
New Zealand and Australian markets.[

Emphasis added. Its all about focusing on growth.

[sb9]

The Storm business is no longer considered a strategic core asset
of the Group as it is focusing its efforts on expanding its other two much
larger fashion brands, namely Glassons and Hallenstein Brothers, in both the
New Zealand and Australian markets.[

Emphasis added. Its all about focusing on growth.

Precisely the reason why I bought, hope it pans out fine.

[Beagle]

http://www.sharechat.co.nz/article/e...allensteinhtml

[Maverick]

I am surprised how staunch the hlg shareholders are at present. Other than a few nervous nellies today the buyers have had to raise their offer to meet the seller for a while now. Even though there doesn't appear to be a queue of buyers. One gets the feeling the hlg owners have a good understanding of what they are sitting on.

[sb9]

I am surprised how staunch the hlg shareholders are at present. Other than a few nervous nellies today the buyers have had to raise their offer to meet the seller for a while now. Even though there doesn't appear to be a queue of buyers. One gets the feeling the hlg owners have a good understanding of what they are sitting on.

Looks as though the seller at 4.60 is not done yet, keeps propping with more and more to sell.

[winner69]

Market doesn't seem to like them giving away Storm

Never mind ....all the low paid workers get a 5% pay rise in a few week ...as Jacinda says that'll boost retail activty so hopefully it all goes on tees and other clothes

Jacinda herself seems to have gone upmarket so maybe Glassons won't be where he followers will go to get their clothes

[couta1]

Market doesn't seem to like them giving away Storm

Never mind ....all the low paid workers get a 5% pay rise in a few week ...as Jacinda says that'll boost retail activty so hopefully it all goes on tees and other clothes

Jacinda herself seems to have gone upmarket so maybe Glassons won't be where he followers will go to get their clothes

Nah, nothing to do with Storm, just what I call a boredom drift.

[percy]

Nah, nothing to do with Storm, just what I call a boredom drift.

Think you are right.
Thought selling Storm would have added 30 or 40 cents to HLG share price.
Wrong again.!.lol.

[Beagle]

The "storm" will pass and the forecast to be annunciated late next week by HLG is for bright sunny weather

[winner69]

Nah, nothing to do with Storm, just what I call a boredom drift.

All that extra pay hundreds of thousand workers are getting should boost retail sales ....hopefully the likes of HLG stores

Be a shame if it all got spent down the pub and in the casino / lotto shop