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13-05-2020, 10:21 AM
#4341
Originally Posted by JeremyALD
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!
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13-05-2020, 10:28 AM
#4342
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.
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13-05-2020, 10:34 AM
#4343
Originally Posted by 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.
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.
Last edited by Balance; 13-05-2020 at 10:37 AM.
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13-05-2020, 10:36 AM
#4344
Originally Posted by Balance
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.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-05-2020, 10:47 AM
#4345
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.
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
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13-05-2020, 10:54 AM
#4346
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.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-05-2020, 10:54 AM
#4347
Originally Posted by 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.
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.
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13-05-2020, 10:55 AM
#4348
Corporate welfare is good
Well done Grant
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-05-2020, 11:51 AM
#4349
Originally Posted by Balance
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.
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
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15-05-2020, 09:00 PM
#4350
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...
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