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10-12-2020, 01:43 PM
#5571
Originally Posted by winner69
Even though it appears as if punters are not yet into buying clothes big time HLG look like they doing very well and probably taking share from others
Fixed that for you
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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10-12-2020, 01:53 PM
#5572
Originally Posted by Beagle
Fixed that for you
No dont get carried away
At the top of every bubble, everyone is convinced it's not yet a bubble.
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10-12-2020, 02:01 PM
#5573
thank you..... Mr B.
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10-12-2020, 03:22 PM
#5574
Originally Posted by winner69
No don’t get carried away
Okay...I'll play..., lets forget about the fact that about a dozen stores in Melbourne were shuttered for months on end and forget about the two dozen on so in Auckland in August. Quite aside from that, lets have a look at the sales growth updates for the last 10 years
2020 +14.51%
2019 +7.1%
2018 +4.8%
2017 +15.0% (Very strong growth but without the handicap of dozens of stores being closed) Interestingly in that full financial year net profit after tax was up a whopping 58.4% !...not even a remote possibility of that happening again, (which would give 73.75 cps) or maybe there is a chance it could be that high
2016 +10.0%
2015 +3.1%
2014 +2.0%
2013 - 7.0%
2012 +7.0%
2011 +9.0%
Average growth rate in the most recent 5 years = 10.3% and the average growth rate before that was just 2.8%. Hmmm...surely I am not the only one that finds that quite interesting...
Looking at that average sales growth of 10.3% per annum for the last 5 years, that's deeply impressive...what if that average growth rate continued for the next 5 years
Originally Posted by Waltzingironmansinlgescul
thank you..... Mr B.
You're welcome mate.
Last edited by Beagle; 10-12-2020 at 03:58 PM.
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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10-12-2020, 04:54 PM
#5575
Member
Was at the AGM. The interesting thing is that they have been selling worldwide online.
The concerning thing is the higher costs due to the increased use and cost of air freight. 2021 will have have higher costs.
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10-12-2020, 05:01 PM
#5576
Thanks Dazraz. I understand the going rate is somewhere around $6 a kilo for airfreight. I don't think these swimsuits weigh much
https://www.glassons.com/clothing/sw...SORT_RELEVANCE
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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10-12-2020, 05:06 PM
#5577
Originally Posted by winner69
I note Briscoe's PE has crept up to 17
HLG still around 14
WHS PE still over 20 and MHJ in the 30's
NZX numbers
Someone sold at 7.9% dividend yield this morning - $6.35.
There is no law against extreme generosity but that must be getting close to being a criminal act?
Last edited by Balance; 10-12-2020 at 05:08 PM.
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10-12-2020, 05:23 PM
#5578
Originally Posted by Balance
Someone sold at 7.9% dividend yield this morning - $6.35.
There is no law against extreme generosity but that must be getting close to being a criminal act?
LOL As you know mate I am forecasting 50 cps fully imputed for FY21 (50 / 0.72) = 69.444 cps gross. An 11% gross yield equates to $6.31. I was praying for Santa to arrive early with my very modest top up order at $6.30. His sleigh didn't quite reach me. Never mind...
Last edited by Beagle; 10-12-2020 at 05:25 PM.
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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10-12-2020, 05:28 PM
#5579
Originally Posted by Beagle
LOL As you know mate I am forecasting 50 cps fully imputed for FY21 (50 / 0.72) = 69.444 cps gross. An 11% gross yield equates to $6.31. I was praying for Santa to arrive early with my very modest top up order at $6.30. His sleigh didn't quite reach me. Never mind...
I was there at $6.15 when the $6.35 happened.
I thought of putting some to sell at $6.50 to push the sellers along. Then thought better of it - thats now considered market manipulation!
Or gross stupidity!
Last edited by Balance; 10-12-2020 at 05:34 PM.
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10-12-2020, 05:36 PM
#5580
Last edited by Beagle; 10-12-2020 at 05:44 PM.
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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