HLG - Hallenstein Glasson

[macduffy]

Remind me again, who's closing the 17 stores?

[dreamcatcher]

Zara closing 1000 - 1200 brick and mortar stores to invest in online shopping maybe an end of shopping malls if others follow. Not sure missus will like that much as she loves Zara's but tries on everything before purchasing. Wondering whether its a blessing for my pocket or not ?

https://www.yahoo.com/lifestyle/zara...l?guccounter=1

[tzbang]

Seems to be quite a few articles coming out recently pointing to strong pick-up in mall visitors, and credit card sales up.
https://www.stuff.co.nz/business/121...recovid-levels
https://www.stuff.co.nz/business/300...-lockdown-drop

Maybe HLG might not be doing too badly after all?

[850man]

Seems to be quite a few articles coming out recently pointing to strong pick-up in mall visitors, and credit card sales up.
https://www.stuff.co.nz/business/121...recovid-levels
https://www.stuff.co.nz/business/300...-lockdown-drop

Maybe HLG might not be doing too badly after all?

Their online channel is pretty good too. Let's hope it results in some good revenue and profit when next they report.

[Beagle]

How much is pent up demand brought about by the lockdown, (I have to get out and get some new clothes for winter) and will that demand last ? That's the $64,000 question.

[gbogo]

I know a 19yo woman, avid follower of fashion, who now buys almost everything online and sends back half of it or more. See www.stitchfix.com etc - free shipping / free returns.

[FatTed]

How much is pent up demand brought about by the lockdown, (I have to get out and get some new clothes for winter) and will that demand last ? That's the $64,000 question.

My daughter works in retail in ladies fashion, they are going gangbusters.

[waterboy]

Missus got back from the base in Hamilton this arvo and reports it was madness. Had to queue for 10mins to get carpark so retail seems busy but there were a lot of sales. What reports do others have from their local mall.

[smbunn]

Back to HLG. I noted that KMD shares have surged on news that they are doing quite well. I bought at the 50 cents issue so am pretty happy. HLG is in the same space, but we don't hear from them. Do you think a market update on trading would have a huge impact on the share price? Also, are they going to release the unpaid dividend from April in November, a double payment in effect, that would surge the price if it was at the 40 cents level.

[macduffy]

Back to HLG. I noted that KMD shares have surged on news that they are doing quite well. I bought at the 50 cents issue so am pretty happy. HLG is in the same space, but we don't hear from them. Do you think a market update on trading would have a huge impact on the share price? Also, are they going to release the unpaid dividend from April in November, a double payment in effect, that would surge the price if it was at the 40 cents level.

I wouldn't bet on it. Far too early to get a firm line on recent trading and profitability IMO. HLG's a progressive retailer but not a company to take risks with its liquidity.