HLG - Hallenstein Glasson

[Waltzing]

"share buyback"

not sure its there style, prehaps a big special div in end of financial year.

not happy until we see how the brothers side of the business does. Its only clothes after all and it can be disrupted at any time but like KMD, never under estimate these retail operations and they seem to have kept there staff that know there business and understand there customer base.

Its a really impressive performance that is prehaps world class? or is the customer just not that discerning..after all the national past time for this demography is whatching a very physical form of sport.

My dutch sport science doctor tells me she stays dressed down more when she is in NZ then when she returns home.

[Beagle]

LOL Balance. I'm not getting too carried away with that index thing at all. At some stage it will happen, I am quite confident of that and in the meantime I am very happy to relax and enjoy the dividends. This is arguably the best dividend hounds / value stock on the NZX. I am a dividend hound and value investor at my core so this one fits me like a custom made velvet glove

[moka]

So it's good to see that HLG abided by the rules and is none of those things. No morals or rules were broken, so there is nothing for HLG to repay. If this applies to other businesses, then I suggest you post that in the appropriate thread because it doesn't belong here.

It is a matter of opinion and in the opinion of University of Auckland accounting professor, Jilnaught Wong morally Hallensteins should not have taken the wage subsidy. They took advantage of the high trust system when they were profitable and paid dividends, he said.

https://www.stuff.co.nz/business/ind...e-subsidy?rm=a
University of Auckland accounting professor, Jilnaught Wong, who has been studying NZX stock exchange-listed companies that claimed wage subsidies, said many were justified in claiming the subsidy, including widely criticised casino operator SkyCity.
But the claiming of wage subsidies by companies including Duke’s Briscoe Group, retirement village operator Summerset and retailer Hallenstein Glasson Holdings “was not in the spirit of the law”, he said.
“Morally they shouldn’t have taken it,” Wong said.

[Balance]

It is a matter of opinion and in the opinion of University of Auckland accounting professor, Jilnaught Wong morally Hallensteins should not have taken the wage subsidy. They took advantage of the high trust system when they were profitable and paid dividends, he said.

https://www.stuff.co.nz/business/ind...e-subsidy?rm=a
University of Auckland accounting professor, Jilnaught Wong, who has been studying NZX stock exchange-listed companies that claimed wage subsidies, said many were justified in claiming the subsidy, including widely criticised casino operator SkyCity.
But the claiming of wage subsidies by companies including Duke’s Briscoe Group, retirement village operator Summerset and retailer Hallenstein Glasson Holdings “was not in the spirit of the law”, he said.
“Morally they shouldn’t have taken it,” Wong said.

An accounting professor talking about morality? That's like Cindy talking about accounting for kiwibuild & solving the housing crisis.

The professor can come and kiss my ....

And what about Cindy continuing to wear the hijab to spite the Muslim women who pleaded with her not to support the oppression of women in Muslim countries - is that moral?

[winner69]

When I applied for the wage subsidy for a couple of companies I essentially agreed to the criteria to applying for it. This included -

Your business must have taken active steps to mitigate the financial impact of COVID-19.

This could include:

- drawing from your cash reserves (as appropriate)
Etc
Etc

[Beagle]

It is a matter of opinion and in the opinion of University of Auckland accounting professor, Jilnaught Wong morally Hallensteins should not have taken the wage subsidy. They took advantage of the high trust system when they were profitable and paid dividends, he said.

https://www.stuff.co.nz/business/ind...e-subsidy?rm=a
University of Auckland accounting professor, Jilnaught Wong, who has been studying NZX stock exchange-listed companies that claimed wage subsidies, said many were justified in claiming the subsidy, including widely criticised casino operator SkyCity.
But the claiming of wage subsidies by companies including Duke’s Briscoe Group, retirement village operator Summerset and retailer Hallenstein Glasson Holdings “was not in the spirit of the law”, he said.
“Morally they shouldn’t have taken it,” Wong said.

Can you and your supporters take your sanctimonious socialist agenda to a separate off market thread.

[winner69]

"share buyback"

not sure its there style, prehaps a big special div in end of financial year.

not happy until we see how the brothers side of the business does. Its only clothes after all and it can be disrupted at any time but like KMD, never under estimate these retail operations and they seem to have kept there staff that know there business and understand there customer base.

Its a really impressive performance that is prehaps world class? or is the customer just not that discerning..after all the national past time for this demography is whatching a very physical form of sport.

My dutch sport science doctor tells me she stays dressed down more when she is in NZ then when she returns home.

Hey waltzing ...I know you you love with KMD but you shouldn’t tout dogs on the HLG thread ..and don’t compare them to HLG

One horse race.

[moka]

Can you and your supporters take your sanctimonious socialist agenda to a separate off market thread.

Some relevant words of wisdom from Phaedrus.

These "toxic" threads share many similarities and are quite easily identified. Here are a few pointers :-
Watch for a preponderance of overly loyal extremely positive contributions.
Any negative posters are "run off the thread".
When negative posters are accused of "downramping" you can be sure that all objectivity has been lost.
Look out for multitudinous "cut and paste" entries of scarcely relevant articles from the net.
Beware of threads where anyone posting a negative comment is personally attacked.
Dissenting views should be encouraged, not rubbished. We learn nothing from those that agree with us.
Watch for comments on "ignorant" selling by institutions, techies etc - by people that think they know better.

[nztx]

Some relevant words of wisdom from Phaedrus.

Meanwhile HLG touched $6.39 today with another 3 weeks to going ex Div

[Balance]

Some relevant words of wisdom from Phaedrus.

Beagle is making a perfectly reasonable and very helpful suggestion that you start a separate off market thread regarding the wage subsidy - that way, you and the others can highlight the issue which you feel strongly about and invite others to voice their opinions as well.

What is your problem with doing that?

BTW, you have yet to answer the question regarding the morality of Cindy continuing to wear the hijab to spite the Muslim women who pleaded with her not to support the oppression of women in Muslim countries.