HLG - Hallenstein Glasson

[peat]

Which ones would be your other 4?and if you had to put all the eggs in one basket and choose 1,which one would that be?

dont do that dude .... Beagle is good but anyone can get something wrong, or a situation can develop around a particular company. Maverick may call it diWorseification but the text book says that diversification is the only true free lunch.....

[Jantar]

obviously you 2 only care about stuffing your faces with crayfish and washing it down with wine , but not about brand damage. short term thinking at its best

it is no wonder a great company like briscoes is up 22% since announcing the payback of the wage subsidy and hlg is up 1% after not doing the same

I think there may be something wrong with the way you calculate percentages. Briscoes announced they would pay back their share of the subsidy on 16th Oct. On that date they were trading at $4.00 so up around 25%. On the same day HLG were trading at $6.00, now $6.60 after a $0.24 dividend. So HLG are up by 14%. That is a touch more than the 1% you claim.

I still don't see why you would prefer that should have laid staff off rather than pay the subsidy to their staff and kept them employed.

[Beagle]

Which ones would be your other 4?and if you had to put all the eggs in one basket and choose 1,which one would that be?

These 5 are my highest conviction positions and I feel well positioned with them for ongoing market outperformance in 2021.
HLG, HGH, OCA and these two won't fit the stock picking competition criteria BRMWF (Barramundi warrants exercisable on 31/10/21) and PAZ (Unlisted market).

Regarding your second question...I will simply restate my belief that I believe it is prudent to have checks and balances around one's own ability to predict the future as nobody can say with absolute certainty what the future may bring. Ecclesiastes 11:2 Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.

[bull....]

I think there may be something wrong with the way you calculate percentages. Briscoes announced they would pay back their share of the subsidy on 16th Oct. On that date they were trading at $4.00 so up around 25%. On the same day HLG were trading at $6.00, now $6.60 after a $0.24 dividend. So HLG are up by 14%. That is a touch more than the 1% you claim.

I still don't see why you would prefer that should have laid staff off rather than pay the subsidy to their staff and kept them employed.

i just took a date a mth ago for those figures so it be all different depending on the date you start with . the point was you could make a statement to say the differing approaches to the subsidy had an effect on the stock performance of the 2 companies if you were looking for reasons of why one stock is doing better than the other.

[Balance]

i just took a date a mth ago for those figures so it be all different depending on the date you start with . the point was you could make a statement to say the differing approaches to the subsidy had an effect on the stock performance of the 2 companies if you were looking for reasons of why one stock is doing better than the other.

Off to order the crayfish - delivered live on Saturday morning.

[Beagle]

Off to order the crayfish - delivered live on Saturday morning.

You have my upmost respect for upholding your right to do whatsoever you like with your dividend and pushing back against the political correctness of this wage subsidy repayment issue.

As far as I am concerned HLG have stated their position and that's the end of the matter. I am not going to get drawn into repetitive circular arguments as its already been very fiercely debated on here at great length and I feel very strongly it is time to move on and its better for people to simply agree to disagree.

In terms of use of the dividend, I strongly believe that's nobody's business but the person receiving it and they are fully entitled to it as their reward for their risk capital employed.
That said I'd wager there's many people on here that are deeply involved in Church, charitable and philanthropic activities but don't feel its right or appropriate that they trumpet their efforts on here or anywhere else for that matter.

One such lovely lady it has been my real honor and inspiration to meet in recent weeks at my Mum's retirement village is a lady about 80 who is as fit as a fiddle, a retired nurse who spends all her days in voluntary work helping and supporting others in the village and has been doing for many, many years. Her tireless help, knowledge, care and support has been extremely valuable to us as we have struggled to get my Mum from her independent living unit into first class full time hospital level care. I honestly don't know how we would have coped without her. Christianity with its sleeves rolled up ! In my entire life I have never seen a finer example of selfless service to others. She has supported countless families in the village through the last stages of life's journey and I think of Elizabeth as our heaven sent Angel in our time of need. My Mum only has weeks to live but she is 91, in no pain, has a strong faith in God and I am at peace with what is coming and so is she.

Sorry for the thread diversion folks.

[850man]

summerset paying back the wage subsidy hlg , take note it might come back and bite you if you end up being the last nzx one not doing so.

SUM are quite different, they still had people working during lockdown. HLG had stores closed and staff not working during lockdown.

[777]

SUM are quite different, they still had people working during lockdown. HLG had stores closed and staff not working during lockdown.

Finally some logic.

[winner69]

SUM are quite different, they still had people working during lockdown. HLG had stores closed and staff not working during lockdown.

....but HLG had a mountain of cash (at least $50m) in the bank to keep paying people if they so desired

[nztx]

Isn't there a Special Thread elsewhere especially for the ins & outs & debate on Covid-19 Wage Subsidies ?