HLG - Hallenstein Glasson

[Raz]

I think retailers are increasingly directing customers to their websites as well. Only yesterday my wife and I were directed to their websites by retail staff in both Mitre10 and Briscoes to buy online goods that they did not have in stock. We did.

I have seen this on a Board I'm on however it really is often cannibalise a traditional sale by redirection or showrooming where you have the prevailing lowest price on the market. Generally this is split for management to try to determine the channel.

[macduffy]

I have seen this on a Board I'm on however it really is often cannibalise a traditional sale by redirection or showrooming where you have the prevailing lowest price on the market. Generally this is split for management to try to determine the channel.

I'm not sure if this is really cannabalising a sale if the alternative - where the item isn't in stock - is to send the potential customer to another retailer!

[LAC]

Hi Guys,
Just been following this thread and went back to read all the Hallenstein announcements.
Which report/announcement have you guys fired up about the NPAT at 23-24mill?
I agree with the price being undervalued but I have it around 17mill best case.....I think I am missing something. Can someone please direct me to something data.
Much appreciated.

[see weed]

Yep mid 20's is forecast HLG profit this year - I reckon $23m/$24m which is just under 40 cents a share.

Hey LAC, do you mean this quote? There should be an update in next 1 to 4 weeks.

[JeremyALD]

Hey LAC, do you mean this quote? There should be an update in next 1 to 4 weeks.

I am starting to get a bit worried about this weather. Everyone is talking about how bad summer is in Auckland and Wellington around the office and looking at the forecast it's going to be crap here for the next ten days. There's also articles on the herald stating that summer is definitely later than usual.

Hallensteins aren't getting much luck with the weather, a warm winter and now an average summer? Maybe I'm speaking too soon, but I wouldn't be buying beach clothes at the moment that's for sure.

[Beagle]

http://www.metservice.com/towns-citi...tral#!/ten-day Not one of the better summers so far in Auckland, I think that's a fair comment and the immediate outlook isn't especially brilliant.

[LAC]

Hey LAC, do you mean this quote? There should be an update in next 1 to 4 weeks.

Yeah that quote.....its a pretty large number 23-24mill. Is that just a shot in the dark or has been made through some data being provided which shows revenue has grown and we are assuming the margins for that NPAT?
Anyone else see NPAT at 23-24 million? Just like to know what you guys are expecting...

[winner69]

I am starting to get a bit worried about this weather. Everyone is talking about how bad summer is in Auckland and Wellington around the office and looking at the forecast it's going to be crap here for the next ten days. There's also articles on the herald stating that summer is definitely later than usual.

Hallensteins aren't getting much luck with the weather, a warm winter and now an average summer? Maybe I'm speaking too soon, but I wouldn't be buying beach clothes at the moment that's for sure.

You worry too much jeremy

Latest Stats NZ release on Card spend or December is headlined RECORD MONTH FOR CARD SPENDING

Apparel a pretty broad industry group but spend was up more than 4% on Dec 15

No worries

HLG still heading to well over $20m profit this year

[percy]

I am starting to get a bit worried about this weather. Everyone is talking about how bad summer is in Auckland and Wellington around the office and looking at the forecast it's going to be crap here for the next ten days. There's also articles on the herald stating that summer is definitely later than usual.

Hallensteins aren't getting much luck with the weather, a warm winter and now an average summer? Maybe I'm speaking too soon, but I wouldn't be buying beach clothes at the moment that's for sure.

Unsettled,changeable,cold and wet is great for the likes of HLG,because people can't go to the beach,they head for the shops.

[JeremyALD]

You worry too much jeremy

Latest Stats NZ release on Card spend or December is headlined RECORD MONTH FOR CARD SPENDING

Apparel a pretty broad industry group but spend was up more than 4% on Dec 15

No worries

HLG still heading to well over $20m profit this year

I'm looking forward to the next announcement Winner perhaps my worries can disappear! Good thing is it's not far away