HLG - Hallenstein Glasson

[Beagle]

Yep, not bad, but suppose its already fully priced in. No positive surprises - result is even a wee bit below the HY expectations. I think SP more likely to drop today ... bye bye $6

Tough crowd to please. 58% profit growth this year on top of 25% last year. Second half profit this year at mid forecast point is $12.25m compared to $8.09m last year so 51.4% profit growth in second half which shows momentum from the stunning summer has carried through well into the second half. Weather conditions were extremely favorable in the first half as was currency but second half performance is still very strong despite less favorable tailwinds from currency and weather. Very strong result and augers very well for FY19.

[percy]

Absolutely stunning.!!!

[Everwood]

I'm happy with the result, but do you think they will increase the dividend to 20 cents to match the half yearly dividend?

[Arbroath]

Absolutely stunning.!!!

Have sold 1/3rd of mine at $5.45 ave. Could be wrong but think this is a peak profitability year with lower NZD starting to impact margins. Happy to hold the other 2/3rds for now at a $2.25 average and keep collecting the dividends...

[Beagle]

I'm happy with the result, but do you think they will increase the dividend to 20 cents to match the half yearly dividend?

$12.25m second half profit / 59.6m shares = EPS of 20.56 cps. They held back 10 cps of free cash flow (profit plus depreciation was 30 cps first half) from the first half result to pay for pending new store openings in Australia. If they don't pay 20 cps they'll go close in my opinion and if they hold some back its for more store expansion in Australia so its a win either way.

[winner69]

I'm happy with the result, but do you think they will increase the dividend to 20 cents to match the half yearly dividend?

Might even go higher ...that be good eh

Even if 40 cents for the year guys like Snoopy and his expected return of 7%(I think) would be happy to pay $7 for HLG

Wonder if Snoopy has any HLG in his portfolio

[Beagle]

Truly STUNNING

And weren’t they rather modest and downbeat.....and no hype/buzzwords

Like the bit “future cash flow is projected to be positive.”. Completely meaningless but heck gives punters the warm fuzzies.

The Aussie shareholder will be happy and probably buy heaps more and collect a huge dividend

They have VERY deep pockets and really LOV strongly growing retail stocks !

[Patient Panda]

They have VERY deep pockets and really LOV strongly growing retail stocks !

HLG and LOV two very different kettles of fish.

[winner69]

They have VERY deep pockets and really LOV strongly growing retail stocks !

That’s why they LOVe them both

[Beagle]

HLG and LOV two very different kettles of fish.

Young women like things that make them shine...clothes, jewelry, shoes, make-up, you name it. Maybe not all that different.