HLG - Hallenstein Glasson

[winner69]

Solid and very credible effort.

Only solid is an understatement .....awesome amazing when you take into the poor consumer confidence in NX, retail recession in Australia along with lower exchange rates compared to the previous comparable period and higher wages costs putting some pressure on profitability. However this very well managed company has ameliorated the effects.

Growing profits in this environment awesome amazing

[winner69]

Yep all good and the most important bit is "The Groups balance sheet and projected future cash flow remains strong, stock levels are also well managed" PS-Market likes.

Always say that ....only being consistent

Market likes ....some who were saying the good times were over for HLG and the share price will sink into oblivion need to hold their heads in shame eh Couts

[couta1]

Only solid is an understatement .....awesome amazing when you take into the poor consumer confidence in NX, retail recession in Australia along with lower exchange rates compared to the previous comparable period and higher wages costs putting some pressure on profitability. However this very well managed company has ameliorated the effects.

Growing profits in this environment awesome amazing

That's why I take NO NOTICE of the naysayers when it comes to this stock. Lol

[Beagle]

Only solid is an understatement .....awesome amazing when you take into the poor consumer confidence in NX, retail recession in Australia along with lower exchange rates compared to the previous comparable period and higher wages costs putting some pressure on profitability. However this very well managed company has ameliorated the effects.

Growing profits in this environment awesome amazing

All I will say is have a look at KMD's trading update on 8 August 2019 which makes for an interesting and very relevant comparison.

[winner69]

That's why I take NO NOTICE of the naysayers when it comes to this stock. Lol

You win ,..they miss out

Like that mate

[couta1]

All I will say is have a look at KMD's trading update on 8 August 2019 which makes for an interesting and very relevant comparison.

KMD is a very fickle company and totally dependent on snow availability.Lol

[Beagle]

KMD is a very fickle company and totally dependent on snow availability.Lol

Not much snow until about 10 days ago and yet their trading update was very robust indeed...how do you figure that ?

[couta1]

Not much snow until about 10 days ago and yet their trading update was very robust indeed...how do you figure that ?

Plenty of early snow in Aussie though. PS-Have another look at that trading update, Aussie sales plus 2.7% , NZ sales minus 3.9% and the comment NZ conditions were challenging, Hmmm.

[pg0220]

Plenty of early snow in Aussie though.

Hmmm yeah this probably makes sense. NZ same store sales were actually down for KMD.
- Australia SSS up +2.7%
- New Zealand SSS down -3.9%

It will be interesting to see ones for HLG.

[winner69]

Not much snow until about 10 days ago and yet their trading update was very robust indeed...how do you figure that ?

NZ sales were pretty poor ...SSS down 4% (not enough snow). NZ sales less than they were 5 years ago

Even though they didn’t say it I would hazard a guess that a lot of the profit increase is because of a full year of Oboz. In F18 only 3 months.