So HLG is cyclical after all ....and on way down from high of $6.30 odd
Bottom $3.50 maybe (a cyclical basis)
Wonder what the divie will be when it gets down that low?
I have translated this in case its not obvious to everyone already. "I have sold out and am trying to talk this one down so I can buy it back heaps cheaper"
Last edited by Beagle; 03-02-2020 at 02:35 PM.
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
Retailers.....HLG down 3.3%....LOV [asx]down 3.4%...BGP down 0.3%......WHS down 3.7%.....KMD down 1.3%
Tourism..... AIR down 3%....THL down 5.4%..SKC..down 2.2%.SKO down 5.7% ATL [asx] down 3.6%
Retailers.....HLG down 3.3%....LOV [asx]down 3.4%...BGP down 0.3%......WHS down 3.7%.....KMD down 1.3%
Tourism..... AIR down 3%....THL down 5.4%..SKC..down 2.2%.SKO down 5.7% ATL [asx] down 3.6%
Retail malaise - what market thinks
Over the last week:
HLG DOWN 3.8%
BGP DOWN 13.1%
WHS DOWN 7.9%
KMD DOWN 8.4%
......and to get worse?
At the top of every bubble, everyone is convinced it's not yet a bubble.
https://www.nzx.com/announcements/348092
KMD managing their challenges very well which bodes well for HLG. I would think a lot of HLG's suppliers are in Bangladesh.
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
https://www.nzx.com/announcements/348092
KMD managing their challenges very well which bodes well for HLG. I would think a lot of HLG's suppliers are in Bangladesh.
They have alot in China. Suppliers changes alot depending on new season styles
Originally Posted by Beagle
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