HLG - Hallenstein Glasson

[Ninefingers]

Tis looking mighty tempting with that div coming up for Christmas.

[iceman]

Hmmmm.... Will SP drop further?

Hope not. As of now, return is down to 57% in the last 12 months. Scary !!

[Maverick]

Hmmmm.... Will SP drop further?

pg0220, I`m glad you raised the question. This share is soooo worth a mention in all of this upheaval.
The situation is;
-a growing company -well in Aussie and online at least.
-No debt,
-Layout of nearly 100 % of its profits , fully imputed.
-Steady programme of stores being modernised from existing cash flows to modern layouts (this KFC stores over the last 7 years).
-Shedding of no longer relevant "storm" brand.
-Loads of historical data to back up a favourable and consistent company.
-a PE of 5.15/.46 = 11.2
-plus whatever I`ve missed here.....
I was a seller at $6 bucks but at this level its a absolute bargain. Even if the share price was to never recover, the divi olone of nearly 9% after tax makes this a standout bargain.
Will it get lower? I don't know how it gots this low.

[Maverick]

How did you buy HLG shares at $9.03 iceman? ($9.03 x .57 = $5.15)

[winner69]

How did you buy HLG shares at $9.03 iceman? ($9.03 x .57 = $5.15)

Probably Iceman bought at around $3.28 or so

Current return now 57% (5.15/3.28)........was 80% plus ahead a while ago ....so 57% down from 80% plus

Get it

[couta1]

This thing is a steal at current price, it has singlehandedly kept my overall portfolio in the blue recently, I wish I had kept my even larger holding I held late last year.

[Maverick]

Probably Iceman bought at around $3.28 or so

Current return now 57% ........was 80% plus ahead a while ago ....so 57% down from 80% plus

Get it

Yes yes, just clearing up any confusion out there😁

[LAC]

This thing is a steal at current price, it has singlehandedly kept my overall portfolio in the blue recently, I wish I had kept my even larger holding I held late last year.

Same, if it wasnt for HLG and buying SUM about 2 years ago, I would all be red now.
Have topped up as welL today, could not determine the bottom so topped up at $5.10, which I think is reasonable especially when there a 24c divie for xmas

[pg0220]

I just bought small parcels...couldn't resist with a current divvie yield plus they already specified that sales for the first several weeks this FY has already been 7~8% higher than the previous FY.... With Christmas ahead soon, hopefully there is more upside from here..

[iceman]

Probably Iceman bought at around $3.28 or so

Current return now 57% (5.15/3.28)........was 80% plus ahead a while ago ....so 57% down from 80% plus

Get it

You're close but forget the very substantial dividends. My number included the already announced December dividend which it probably shouldn't have as its still trading CD. But the point is that despite the "crash" in the last couple of days, the return has been spectacular if you want to look at more than a day or two trading ! And the future is bright.

This return has nothing to do with what I bought HLG for, just the return for the last 12 months !