You looking for some cheap shares aye winner, Gragher might sell you a few after the result.
....nice one Couta. I think they're pretty damn cheap now......where else can you invest for an 11% return on quality. (speaking of which, when is the next divi due/ ex date anyone??)
....nice one Couta. I think they're pretty damn cheap now......where else can you invest for an 11% return on quality. (speaking of which, when is the next divi due/ ex date anyone??)
As they say If it sounds too good to be true, it probably is
At the top of every bubble, everyone is convinced it's not yet a bubble.
I think a while back we concluded their average right across the cycle including the GFC was just over 30 cents per annum in dividends and I worked out at around $4.40 they are on a gross yield of 10% so at $4.00 it is indeed 11%. That said I remain concerned the first year's dividends might get eaten up in capital losses as retail sentiment remains very, very weak.
Disc: Non holder. Next divvy will be paid in April some time and I am expecting about 13-14 cps fully imputed.
Looking forward to the trading update. I am expecting further weakness in the near term.
Last edited by Beagle; 06-02-2019 at 11:23 AM.
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
They say one reason for retail struggling in Australia is the state of the property market with property prices falling in the main centres.
If house prices started to fall in NZ to the same extent as Australia could retail spending slow down here (like in Australia)
There is a pretty strong correlation between the two (consumer confidence, wealth effect etc etc) as the chart shows.
That is the global perspective Winner. But in the food/clothing/shelter hierarchy, HLG are in the number two position. Even street people need clothing. And rich people need rags to clean their windows and cars. One year on in the HLG clothing life cycle, clothing that automatically rips and unstitches is good for that. When you see a big upsurge in the membership of our naturist societies, then and only then should you worry about HLG sales.
SNOOPY
Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
That is the global perspective Winner. But in the food/clothing/shelter hierarchy, HLG are in the number two position. Even street people need clothing. And rich people need rags to clean their windows and cars. One year on in the HLG clothing life cycle, clothing that automatically rips and unstitches is good for that. When you see a big upsurge in the membership of our naturist societies, then and only then should you worry about HLG sales.
SNOOPY
Actually - while it is true that people need clothing, it is not true that they need to wear the latest fashion. It is also not true that they need to buy clothes they never wear (see article below) or that they need to replace the content of their wardrobe while it is still useable (dto). If everybody would only buy the clothes they actually need and wear them not only once or twice but until they need replacement (and not just because they want a newer style or because they need some retail therapie) we would get through with substantially less clothes than we buy these days. Would as well reduce the rubbish problem, but this is another subject.
I doubt NZ or Australian clothes buying behaviour is much different to the British ... Just imagine people wouldn't buy the stuff they never wear or just throw away, triggered by a deteriorating economy or by a growing environmental conscience ... how good would that be to HLG?
I reccon that none of us would need to go without clothes if we replace our wardrobe just half as often as the average punter does. But this would be already a 50% reduction in revenue for HLG. Ouch.
Last edited by BlackPeter; 07-02-2019 at 08:27 AM.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
That is the global perspective Winner. But in the food/clothing/shelter hierarchy, HLG are in the number two position. Even street people need clothing. And rich people need rags to clean their windows and cars. One year on in the HLG clothing life cycle, clothing that automatically rips and unstitches is good for that. When you see a big upsurge in the membership of our naturist societies, then and only then should you worry about HLG sales.
SNOOPY
True Snoopy .....yes HLG will still be selling clothes come what may ....even $280m worth plus this year.
The chart was just showing that some years sales growth is less than the year before (and at odd times sales can go down).
Just pointing out that HLG sales (growth) might be a bit sluggish this year
But then you are already aware of all this sort of stuff eh
At the top of every bubble, everyone is convinced it's not yet a bubble.
This outfit blames 'competitors' for its demise. Hallensteins only have a few stores in OZ so not their fault .....but heck what an opportunity for Hallensteins as Ed's customers have to go somewhere for their pants and shirts eh. Good news
This outfit blames 'competitors' for its demise. Hallensteins only have a few stores in OZ so not their fault .....but heck what an opportunity for Hallensteins as Ed's customers have to go somewhere for their pants and shirts eh. Good news
Originally Posted by winner69
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