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09-08-2018, 09:36 AM
#2411
Originally Posted by BlackPeter
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.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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09-08-2018, 09:55 AM
#2412
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09-08-2018, 10:00 AM
#2413
Member
I'm happy with the result, but do you think they will increase the dividend to 20 cents to match the half yearly dividend?
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09-08-2018, 10:04 AM
#2414
Originally Posted by percy
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...
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09-08-2018, 10:05 AM
#2415
Originally Posted by 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?
$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.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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09-08-2018, 10:06 AM
#2416
Originally Posted by 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?
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
”When investors are euphoric, they are incapable of recognising euphoria itself “
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09-08-2018, 10:26 AM
#2417
Originally Posted by winner69
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 !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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09-08-2018, 11:25 AM
#2418
Member
Originally Posted by Beagle
They have VERY deep pockets and really LOV strongly growing retail stocks !
HLG and LOV two very different kettles of fish.
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09-08-2018, 12:20 PM
#2419
Originally Posted by Beagle
They have VERY deep pockets and really LOV strongly growing retail stocks !
That’s why they LOVe them both
”When investors are euphoric, they are incapable of recognising euphoria itself “
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09-08-2018, 12:21 PM
#2420
Originally Posted by Patient Panda
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.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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