HLG - Hallenstein Glasson

[bunter]

HLG is updating the market on December and YTD sales shortly.

August - Nov sales up 2% on 2013
NZ Dec retail card spending on apparel up 1% on Dec 2013.
It was a cold December.

Any guesses? 2% rise I'm guessing, 5% profit increase for the YE 1/2/15, and a steady share price.

Is the share poxed, like WHS, KMD, and PPL OK like BGR, or in-between?

Keen to hear others' thoughts.

[bunter]

Attachment 6674

... NZ retail company performance over the past 12 months, relative ot the NZ50.

Prices are dividend adjusted, so the NZ50 comparison is like-for-like.

[000831]

FORECAST: HLG: December 2015 Trading update

19 January
2015

HALLENSTEIN GLASSON HOLDINGS LIMITED

December Trading
Update

The company advises that sales over the key Christmas trading
period have
been robust, and January has continued to show positive growth
over the prior
year in both New Zealand and Australia.
Group sales for
December were +8% on the prior year, with January results
continuing in a
similar vein. Sales for the summer season August 2014 to
January 2015 are
+3.8% on the prior corresponding period.
Projected earnings after tax for the
6 months ended 1 February 2015 are in
the range $8.1 - $8.3m, approximately
32% above the prior corresponding
period.
A full earnings statement will
be released 27th March 2015.

Graeme Popplewell
CEO
+64 21
738728
End CA:00259848 For:HLG Type:FORECAST Time:2015-01-19 08:41:53

[percy]

A very good result.

[Biscuit]

Nice. Makes up for the hit on WHS, I guess you cannot catch two falling knives at once

[BFG]

Attachment 6674

... NZ retail company performance over the past 12 months, relative ot the NZ50.

Prices are dividend adjusted, so the NZ50 comparison is like-for-like.

Nice chart bunter. This announcement may have HLG vying with BGR for market darling status of the retail sector of the NZX. Still need to put more runs on the board though!

[percy]

Nice chart bunter. This announcement may have HLG vying with BGR for market darling status of the retail sector of the NZX. Still need to put more runs on the board though!

What do mean put runs on the board.?????????????????
Tim Glasson would be the most prolific scorer of centuries of all retailers.!!!! lol.

[BFG]

What do mean put runs on the board.?????????????????
Tim Glasson would be the most prolific scorer of centuries of all retailers.!!!! lol.

I wouldn't exactly call these announcements good runs...

January 2014: https://www.anzsecurities.co.nz/Dire...spx?id=3529164

November 2013: https://www.anzsecurities.co.nz/Dire...spx?id=3486935

June 2013: https://www.anzsecurities.co.nz/Dire...spx?id=3367452

The 2 year chart says HLG holders have suffered quite abit over the past year and a half in fact. Before this announcement today, HLG was at multi-year lows. That suggests that more runs need to be scored (like this one) to get sentiment back on the right track, and in a terrible retail sector that will be hard to do!

[percy]

I am off course referring to his 40 year history of run scoring.Double centuries,6s,etc and still putting runs on the board.Has also been a very handy fielder paying big dividends,which shareholders have caught with both hands.
Taking the very small business of Glassons,developing it, and then merging it to form HGL,which he helped grow further.

[BFG]

I am off course referring to his 40 year history of run scoring.Double centuries,6s,etc and still putting runs on the board.Has also been a very handy fielder paying big dividends,which shareholders have caught with both hands.
Taking the very small business of Glassons,developing it, and then merging it to form HGL,which he helped grow further.

Ah right. Being a Canadian and thoroughly addicted to the only sport that really matters (ice hockey) I had no clue he used to be a cricketer.

No doubt he's built it all up well, but the past year and a half saw it fall off the rails a bit! Time to get it back up onto them eh?