HLG - Hallenstein Glasson

[couta1]

Same here. My portfolio being overweight in HLG and OCA is really starting to pay off. OCA has plenty of scope for medium term capital growth still i reckon, while this one i suspect will back off somewhere just north of 6 bucks in the short term, so I'll just have to be content with those juicy dividends going forward and wait for people to get tired of sub 1% returns on their TD's for more SP appreciation...I'm in no hurry, not selling either stock as the tax bill will be horrendous.

By some weird coincidence I have just paid myself the same XXXOS divvy I would have received if I had my original sized HLG holding by selling my A2 holding down and buying back to match current market price.

[clearasmud]

By some weird coincidence I have just paid myself the same XXXOS divvy I would have received if I had my original sized HLG holding by selling my A2 holding down and buying back to match current market price.

Yes I thought you sold most of your HLG.

[couta1]

Yes I thought you sold most of your HLG.

Yep had some genuine other expenses to sort out unfortunately.

[clearasmud]

Yep had some genuine other expenses to sort out unfortunately.

Bugger because you were top 20

[clearasmud]

I may join you on the ATM register soon.
Tell me again how confident are you that it will get to 25 within the next 9 months or so.

[couta1]

Bugger because you were top 20

I actually made it to spot number 10 at one point. Regarding that $25 for A2, being one of the top 100 holders that own 87% of the company I'm very confident, if you study the past price movements you will notice that it's price can accelerate quickly once the game players stop playing.

[winner69]

Im just sayin though - and astute readers will note that I am having no consistency in my views - the worst shares I've ever bought have been div yield traps.

Divie yields great today and going forward ......but from where markets are today there is a high chance of a loss of capital I reckon

Nothing like a free lunch eh peat .... or as some say making such high returns (over risk free rate) it must be too good to be true

[Biscuit]

Divie yields great today and going forward ......but from where markets are today there is a high chance of a loss of capital I reckon

Nothing like a free lunch eh peat .... or as some say making such high returns (over risk free rate) it must be too good to be true

I reckon as long as interest rates are going down, good dividend yield stocks likely in demand. It's when interest rates no longer under pressure dividend stocks going to be re-rated. What then? Maybe bank stocks worth looking at over the next wee while, one of the few shares likely to do well with rising interest rates?

[clearasmud]

Dream on re rising interest rates

[Biscuit]

Dream on re rising interest rates

You're clearly young. Law of physics, what goes down must come up.