HLG - Hallenstein Glasson

[Balance]

Thats a very impressive result. Well done HLG

Sp up on the news.

Their online platform must be really good to maintain the level of sales they generated during the lockdown!

[James108]

Good announcement from HLG, certainly supports recent increase in SP, just regret not buying more when it was screaming value at me. Was too timid.

[Balance]

Good announcement from HLG, certainly supports recent increase in SP, just regret not buying more when it was screaming value at me. Was too timid.

At least you have some, compared to me (admirer of the company but no shares) and the posters here who are too busy preaching doom and gloom.

[winner69]

Sp up on the news.

Their online platform must be really good to maintain the level of sales they generated during the lockdown!

Should try it sometime mate ...even old buggers can get gear from them

Deliveries usually very good but probably couriers companies stuffing that record up for them

Must confess went to Wild South the other day.

[Beagle]

Agree a good result in the circumstances (albeit with substantial assistance from Govt's on both sides of the Tasman).
Going forward we will have massive unemployment, much higher minimum wages for staff, a significantly lower currency than average which will materially affect margins, stock that's left over from last season and a the risk of rising back to level 3 lockdown. On top of that a percentage of the public won't feel safe going back to malls for quite some time. On top of that, apparel purchases can easily be deferred.

I think there's sound reasons to remain very cautious with this one.
Disc: No position, and not intending to take one anytime soon.

[winner69]

Lockdown walks seen heaps of new faces out walking and enjoying the fresh air

And it seems many guys got the gear out they hadn’t worn for years and boy was there some sights

Now back to normality I take it that these walks now off the agenda and those clothes put away again

But maybe somebody will tell them to go the Hallensteins and buy a decent pair of shorts and a decent shirt.

[Balance]

Agree a good result in the circumstances (albeit with substantial assistance from Govt's on both sides of the Tasman).
Going forward we will have massive unemployment, much higher minimum wages for staff, a significantly lower currency than average which will materially affect margins, stock that's left over from last season and a the risk of rising back to level 3 lockdown. On top of that a percentage of the public won't feel safe going back to malls for quite some time. On top of that, apparel purchases can easily be deferred.

I think there's sound reasons to remain very cautious with this one.
Disc: No position, and not intending to take one anytime soon.

I don't have a position in the stock either, Beagle.

But having met HLG's management and understand their strategy (basically, up to date fashion at affordable prices), I find it grating to read all the doom and gloom from those who have no idea whatsoever about HLG's strategy and about how good the management really is.

[winner69]

Corporate welfare is good

Well done Grant

[Beagle]

I don't have a position in the stock either, Beagle.

But having met HLG's management and understand their strategy (basically, up to date fashion at affordable prices), I find it grating to read all the doom and gloom from those who have no idea whatsoever about HLG's strategy and about how good the management really is.

I agree management are very good. No doubt about that whatsoever but they are not magicians.

[Waltzing]

Kathmandu today appeared to have more customers in the center place hamilton store than HLG. No woolen face masks yet for fashionable PPE. No one in the waikato seems to want to wear a mask much...