HLG - Hallenstein Glasson

[Balance]

money printing will never solve demand side erosion

Of course it will. You ain’t seen nothing yet from the Federal Reserve & Central Banks.

I have read darker and gloomier predictions than your feeble attempts during the GFC.

You need to try harder - come up with scarier scenarios.

Have my eye on a few shares which are steadfastly refusing to fall.

[Cyclical]

Interim report out:

http://nzx-prod-s7fsd7f98s.s3-websit...597/321891.pdf

[peat]

Interim report out:

http://nzx-prod-s7fsd7f98s.s3-websit...597/321891.pdf

Im sure this has been commented on before and dude is gone but for the record

HLG2019Half.JPG

HLG2020Half.JPG

The Brothers are definitely going to have to work it out.

Attachment 11487

[Maverick]

Dividend probably suspended.
to quote the big man WB,
" buying a company just for the dividend is like marrying just for the sex... one must consider what's left when eventually the sex drys up"

and here we are.....the dividend I mean.

[winner69]

Im sure this has been commented on before and dude is gone but for the record

HLG2019Half.JPG

HLG2020Half.JPG

The Brothers are definitely going to have to work it out.

Attachment 11487

Several times I've commented The Brothers are going backwards .....if that was what you were highlighting

About as bad as glassons/HB in NZ not growing as fast as the sector...lost market share?

I'll go and hide under a stone now,
.

[Balance]

Dividend probably suspended.
to quote the big man WB,
" buying a company just for the dividend is like marrying just for the sex... one must consider what's left when eventually the sex drys up"

and here we are.....the dividend I mean.

Temporary suspension of sex - oops, dividends. 😜

Will be resumed and when they do, will be even better than before. 💪

[Cyclical]

Temporary suspension of sex - oops, dividends. 

Will be resumed and when they do, will be even better than before. 

Hmm, in my experience, you need to trade 'em

[nztx]

Temporary suspension of sex - oops, dividends. 😜

Will be resumed and when they do, will be even better than before. 💪

Agree..

[BlackPeter]

Interim report out:

http://nzx-prod-s7fsd7f98s.s3-websit...597/321891.pdf

Not a lot of pictures of smiling girls in this report (well, none ...) but on the other hand many serious looking guys. Funeral atmosphere - just a coincidence?

The impact of the new accounting standards makes a huge increase to their total liabilities (due to different treatment of leases). Liabilities to assets up from 28.3% to 56.4% - not anymore the company with hardly any liabilities, is it?

Otherwise - this report is a timely reminder of how irrelevant the numbers can be which investors typically use to make their decisions ... only 10 weeks old and giving no clue of how the future (or even the present) might look.

[Cyclical]

The impact of the new accounting standards makes a huge increase to their total liabilities (due to different treatment of leases). Liabilities to assets up from 28.3% to 56.4% - not anymore the company with hardly any liabilities, is it?

Yeah, it certainly doesn't look pretty on paper does it?

Otherwise - this report is a timely reminder of how irrelevant the numbers can be which investors typically use to make their decisions ... only 10 weeks old and giving no clue of how the future (or even the present) might look.

I see in KMD's market update this morning... "Group online sales were 2.5 to 3 times higher than last year" That's a nice warm and fuzzy distraction from the real issue.

Meanwhile this bit for the property stocks... "Negotiating with landlord partners to achieve a fair outcome that sees rental costs aligned to sales performance"