HLG - Hallenstein Glasson

[JeremyALD]

I could have saved you the brokerage and told you that for free mate



They did well to pay a 16.5 cent final in December considering the modest result last year so the coffers won't stand up to a special. 13.5 cent divvy as per last year but that won't be declared tomorrow, have to wait for the actual half year result to be declared in late March for that. My prediction for the first half forecast update due tomorrow, sales up an average of 8% across the board, profit guidance for the first half of $9-$10m up from $6.82m in IH FY16. No profit guidance for the full year.

I'm with you on this one Roger, I'm predicting guidance of at least 8.5 million for the first half (especially considering this includes Xmas sales)

Most interesting for me will be the performance of Glasson's Australia. This has the biggest opportunity for future growth in my view.

[Beagle]

Still a difficult sector for some out there ........

http://www.nzherald.co.nz/business/n...ectid=11793144

On the other hand good retailers are doing very well http://www.msn.com/en-nz/money/busin...cid=spartandhp

[percy]

On the other hand good retailers are doing very well http://www.msn.com/en-nz/money/busin...cid=spartandhp

What that article did not point out was BGR's online sales were up a massive 40% for the year ended 31/1/2017.As Estar do BGR's web site, I expect they are doing well too.

[see weed]

Still a difficult sector for some out there ........

http://www.nzherald.co.nz/business/n...ectid=11793144

I suppose they will have to shop at HLG in the future.

[huxley]

So.. what are we thinking.. announcement at 4:58?

[winner69]

So.. what are we thinking.. announcement at 4:58?

If the Board meeting was yesterday announcement this morning

If Board meeting today after 3 I reckon

No the after close on Friday before long weekend and hope no one will notice trick for HLG - heck its going to be STUNNING NEWS

[JeremyALD]

If the Board meeting was yesterday announcement this morning

If Board meeting today after 3 I reckon

No the after close on Friday before long weekend and hope no one will notice trick for HLG - heck its going to be STUNNING NEWS

Usually they announce at 8.30am. That's soon hehe

[winner69]

Usually they announce at 8.30am. That's soon hehe

But often a bit slack ......like the ASM preso was a while after the meeting

[Arbroath]

Looks very good...sales up 11% over December and up 9.4% for the half. NPAT c. $9-9.2 and although no dividend guidance my guess is 15 cps based on previous years relative to profit.

Should see the buyers come out today...

[Beagle]

I could have saved you the brokerage and told you that for free mate



They did well to pay a 16.5 cent final in December considering the modest result last year so the coffers won't stand up to a special. 13.5 cent divvy as per last year but that won't be declared tomorrow, have to wait for the actual half year result to be declared in late March for that. My prediction for the first half forecast update due tomorrow, sales up an average of 8% across the board, profit guidance for the first half of $9-$10m up from $6.82m in IH FY16. No profit guidance for the full year.

Posted yesterday. No need to polish up my steam powered abacus, seems to be working very well. Happy with the forecast and sales result.