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14-05-2019, 02:08 PM
#3301
 Originally Posted by MauroNZ
Today's price is still a buy for you?
No I wouldn't buy anymore unless it went below $4.30 myself.
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14-05-2019, 10:24 PM
#3302
I did the opposite today and sold out, the nz$ went lower today so couldn’t take the chance
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15-05-2019, 09:43 AM
#3303
Originally Posted by LAC
I did the opposite today and sold out, the nz$ went lower today so couldn’t take the chance
Likewise, exited my position recently. With NZD expected to track lower on back of lower interest rates, higher wages and low business confidence, expect few headwinds ahead for them.
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15-05-2019, 10:25 AM
#3304
Originally Posted by sb9
Likewise, exited my position recently. With NZD expected to track lower on back of lower interest rates, higher wages and low business confidence, expect few headwinds ahead for them.
Stock has paid an average of 30.25c plus full imputations over the last 16 yrs with plenty of headwinds over that time, I dont predict wind strength its fraught with errors.
Last edited by couta1; 15-05-2019 at 11:30 AM.
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15-05-2019, 12:16 PM
#3305
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15-05-2019, 01:02 PM
#3306
Originally Posted by couta1
Stock has paid an average of 30.25c plus full imputations over the last 16 yrs with plenty of headwinds over that time, I dont predict wind strength its fraught with errors.
Agree but I think the SP will head down a bit with a better entry point in the coming months.
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15-05-2019, 01:33 PM
#3307
Originally Posted by LAC
Agree but I think the SP will head down a bit with a better entry point in the coming months.
I wouldn't hold your breath in this ultra low interest rate environment. HLG offers a fully imputed yield of 9% (9/0.72) = 12.5% Gross, at the current price and as Couta1 quite rightly said it has been an exceptional dividend payer over the years. Some have correctly observed it paid strong dividends through the GFC too. A very resilient and well run business with excellent growth prospects in Australia.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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15-05-2019, 04:45 PM
#3308
Businesses will pass higher wages to the consumers...we all happy with pay rise and min wage up...but all things are going up too...foods...clothing and etc...so not so worry about wages....
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17-05-2019, 12:57 PM
#3309
Originally Posted by couta1
No I wouldn't buy anymore unless it went below $4.30 myself.
Might be waiting a while, just hit $5.00 - if I remember correctly, this is now at the same level it was a month ago just before it went ex-divvy. 
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17-05-2019, 01:04 PM
#3310
Originally Posted by oldtech
Might be waiting a while, just hit $5.00 - if I remember correctly, this is now at the same level it was a month ago just before it went ex-divvy.
Got my last lot at $4.09 so would only add more if it went down again, have heaps now but always keen for more of these beauties at the right price.
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