HLG - Hallenstein Glasson

[Balance]

Looks like half the B-team has gone for good and the other half seems rather subdued so no raising of SP outlook from them.

But a 50 cent fully imputed divie coming our way this year .....that’s nearly 70 cents gross .....in these days of generational low interest rates a 6% yield is very enticing ......so $11.57 share price is possible.

And there’s even more ....with HLG growth potential in Oz that divie will be even greater.

Not expecting any significant movement in the sp myself until the next market update which will be in Feb.

Happy with sp performance myself.

Busy quietly accumulating a turnaround stock where demand for the company's products & services already exceed supply, based upon real life market infor, before the institutions come back and start their due diligence on sector plays!

[Waltzing]

Yes if the SP stays here until the numbers come in but really what chance of an NZX 50 inclusion? The insto money went to the electricity generators at a speed that was parabolic. Even if 50 inclusion which we cant really see where are the shares going to come from. Many traded out at 13 dollars?

Even a small holding could become a nice little profit with 12 months.

[winner69]

Yes if the SP stays here until the numbers come in but really what chance of an NZX 50 inclusion? The insto money went to the electricity generators at a speed that was parabolic. Even if 50 inclusion which we cant really see where are the shares going to come from. Many traded out at 13 dollars?

Remember when Comvita got into the NZX50 - it shares shot through 12 bucks and nearly reached 13 bucks .... was really amazing

Like your mention of 13 bucks

You never know - you could be right

[BlackPeter]

Remember when Comvita got into the NZX50 - it shares shot through 12 bucks and nearly reached 13 bucks .... was really amazing

Like your mention of 13 bucks

You never know - you could be right

Are you sure Comvita is a good example to lift the spirit of HLG holders ?

Just remember what happened after the NZX50 joining party ...

[Waltzing]

This stock paying a big div who is going to sell? even a small holding will be with big bucks. With banks stuck with no chance of paying 2.5 % on a term deposit anything paying a div of 5% and above is under priced across the market.

Even business commentators today in NZ are warning that nothing has played out as forecast and they dont see the world returning to an old Normal.

[macduffy]

With banks stuck with no chance of paying 2.5 % on a term deposit anything paying a div of 5% and above is under priced across the market.

Providing they remain profitable and keep paying dividends!

Disc: Holding HLG.

[winner69]

Are you sure Comvita is a good example to lift the spirit of HLG holders ?

Just remember what happened after the NZX50 joining party ...

But it was exciting when it joined the party

And we know that HLG share price cycles between deep lows and high highs so we are prepared for any post party blues.

[LaserEyeKiwi]

...

Even if 50 inclusion which we cant really see where are the shares going to come from.

...

What do you mean by this? Hasn't it already been established that HLG will be the next stock added to the 50? Either from another company exiting via takeover/merger, or from HLG simply maintaining its current market cap long enough to supplant companies that have maintained lower market caps for long enough.

[Balance]

What do you mean by this? Hasn't it already been established that HLG will be the next stock added to the 50? Either from another company exiting via takeover/merger, or from HLG simply maintaining its current market cap long enough to supplant companies that have maintained lower market caps for long enough.

Wimss means where are the shares going to come from if HLG gets into the index as it is such a tightly held share.

[invest]

In fact, there's a good spread of shareholders. Top 21 shareholders hold 29% of shares. The largest shareholder Tim Glasson only holds 20%?
There's a slight difference between being tightly held, and thinly traded. HLG is more of the latter.
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