HLG - Hallenstein Glasson

[winner69]

No non current lia ...lia...debts.
I'm sure they had some last year.

Yes, no non-current stuff - this year or last year

HLG have no need for things like debt

[NZSilver]

This should bring price between $3.65-3.75 according to my conservative valuation based on retail stock. I really like their growth in ecommerce sales.

[h2so4]

This should bring price between $3.65-3.75 according to my conservative valuation based on retail stock. I really like their growth in ecommerce sales.

I really like your conser....conser....safe valuation.

[NZSilver]

With growth in sales we should see fy div increased slightly.

[winner69]

Jeremy - you said - Performance should be fairly in line with the Groups performance in 2013 and 2015 and I would think all going well should support a SP above $3.50.


Over $5 surely

That's what i'm looking forward to

We'll get that $5 one day ....sooner than later

HLG the Star of the NZX in 2017 - miracles do happen eh

[RupertBear]

Quite keen to own some of these shares but have clearly been a bit late jumping on board. Would I be right in thinking it would be a silly time to jump in now? Maybe better to wait for a dip when it goes Ex Div?

[RupertBear]

Hmm I see Craigs rate them as a sell!

[Beagle]

Inventory levels down - best in class (world) stock management HLG have. Most retailers would love to be even half as good.

That's it in a nutshell. A sound gross profit margin and superb stock turn. A very well refined and well proven business model.

[percy]

Hmm I see Craigs rate them as a sell!

Only sell when they change their recommendation to buy.
It really works.!..lol.

[winner69]

That's it in a nutshell. A sound gross profit margin and superb stock turn. A very well refined and well proven business model.

HLG make $7 odd Gross Margin for every $ invested in stock - great return on investment eh

And they turn that stock over 5 times a year

Even Rod would love to do those sort of numbers ......and they really shame Kathmandu