HLG - Hallenstein Glasson

[Beagle]

Surely an under valued stock. Another year of basically very little travel for most and nothing to do but shop and eat out and go to the beach....These stocks are priced for less than zero growth and inflation to flatten spending in Zealandia.

Nuts..as the US General said.

The metrics are really compelling and they have a stellar track record of paying sizeable dividends going back over many many years. Even paid solid dividends during the GFC and Covid.
N.Z.'s oldest listed company. When it comes to having credibility regarding a companies track record "HLG is the Gold Standard"

[Toasty]

Was at Sylvia Park shopping mall yesterday and rather surprised to see a new small Glassons store as well as the large one on the other end of the mall.

Asked the shop attendant and she said it’s a pop up store to sell seasonal clothings overflow. Things must be going well for Glassons to expand its offering across into another store in the same complex.

Its strangely exciting owning the mall (KPG) and the clothing retailer (HLG) within the mall.

[winner69]

NZD:USD close to multi month low

Hope doesn’t impact Hlg margin that much

[Waltzing]

well those heady days of parity are long gone but SP today hasnt moved at all unlike other sectors in the market and pre market futures showing farther down side.

[nztx]

HLG's SP seems remarkably resilient ..

I reckon one of friendly dogs on the forum have let the cat out of the bag big time

[see weed]

HLG's SP seems remarkably resilient ..

I reckon one of friendly dogs on the forum have let the cat out of the bag big time

I have shares with hlg and cen. You get more bang for your buck with hlg at the moment. The last two divs from cen=37c. And the last two divs from hlg=47c. You pay over $8 for cen and a bit over 7.39 for hlg. But cen is a better trading stock. more liquidity. I am reluctant to sell any more hlg at this time because of the magnificent yld.

[winner69]

Consumer confidence on the rise in Nz …all looking good for retailers for rest of year

HLG might even double it’s profit (like others have done)

You’d want to be holding when they announce that

[winner69]

Wonder how much disruption from covid lock downs in OZ

[winner69]

Kathmandu badly(?) affected by Oz lockdowns

http://nzx-prod-s7fsd7f98s.s3-websit...716/349152.pdf

Just as well lockdowns don't seem to affect Glassons that much

[Beagle]

I'm expecting the Australian Govt will kick in with their very generous wage subsidy support program again. Its a decent scheme and although Australian trading volume is only approx half of N.Z. trading volume the Covid wage subsidy paid in Australia was very close to the same amount the N.Z. Govt paid HLG last year. In other words the Covid subsidies there are worth approx twice the run rate they are here and the Australian Govt will be paying subsidies to support our final FY21 dividend due in December.