HLG - Hallenstein Glasson

[RupertBear]

I'm in the same boat as you and bought an etra 44,000 at 4.95 to 5.05 to get a bigger div pay out.Depends if you are trader or investor or a bit of both. I have been known to sell and make a loss for tax purposes and then buy them back to make a gain later. last month had to make a controlled loss of about $76,000 including fees but made sure the companies I was buying and selling paid a similar amount of the loss I made back in divs. So it worked out about even. At the beginning March my tax bill would of been about $40,000 to $50,000 dollars, but have got it down to about $8,000 to $10,000 and get to keep all those dividends. So don't worry about HLG, they will come back up slowly mainly because of the fantastic div they pay...over 50c to me in the last year and not to forget it is a goodly run company.

You bought an extra 44,000 to get a bigger divie! WOWZA! My boat is just a wee dingy compared to your passenger liner! You must have balls of steel see weed!

[McGinty]

Have you been listening to KW ? She's very bearish.

Indeed I have, but it only takes a quick look at the global situation and individual stock charts to identify the lack of upward momentum.

[couta1]

Indeed I have, but it only takes a quick look at the global situation and individual stock charts to identify the lack of upward momentum.

I see HLG as quite a defensive stock, low beta, low liquidity (No shorters) low overseas ownership, and in growth phase currently.

[winner69]

Indeed I have, but it only takes a quick look at the global situation and individual stock charts to identify the lack of upward momentum.

US 10 Year Bonds have upward momentum

[couta1]

US 10 Year Bonds have upward momentum

As long as the 10-2 spread doesn't become inverted, nothing to worry about yet, in fact the curve was relatively flat during the great 1994-2000 stock market run.

[McGinty]

I see HLG as quite a defensive stock, low beta, low liquidity (No shorters) low overseas ownership, and in growth phase currently.

Right on all counts there, but I see low liquidity as a negative if the USA starts sneezing again.

[Beagle]

I see HLG as quite a defensive stock, low beta, low liquidity (No shorters) low overseas ownership, and in growth phase currently.

Strong growth for the foreseeable future in my opinion mate. A great stock to own as part of a well diversified portfolio in tandem with seven other good stocks

[LAC]

Strong growth for the foreseeable future in my opinion mate. A great stock to own as part of a well diversified portfolio in tandem with seven other good stocks

SML, ATM, SUM, HLG, THL, AIR, RBD, OCA

How many of your 7 did I get right?

[Beagle]

6 but I'm not so sure AIR fits the bill of a good stock right at the minute Thankfully just a very, very small shareholding left, just enough to bleat like a seal pup at the next annual meeting. THL and RBD good stocks too but very fully priced in my opinion.

[winner69]

this 'tumbling' NZD v the USD might be a bit of drag on next years margins

But then if if the NZD tumbles against the AUD then HLG earnings are worth more eh

So no worries on balance

ANother 20 cent plus divie soon