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09-04-2021, 08:43 AM
#6651
Originally Posted by Balance
Just enough to cover pending rental increases and maybe, enough leftover to pay for price increases at food and takeaways?
Minimum wage workers have seen their incomes increase far faster than the cost of living increases over the last 4 years.
The median rent in New Zealand has increased by about $110 a week over the last 4 years. but that's median, the lower quartile of rental properties has increased by quite a bit less than that no doubt.
A household with 2 minimum wage full time workers meanwhile has seen their combined income increase by $340 over that same time period, and possibly significantly more if they were also eligible for accomodation supplement.
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09-04-2021, 09:31 AM
#6652
Originally Posted by LaserEyeKiwi
Minimum wage workers have seen their incomes increase far faster than the cost of living increases over the last 4 years.
The median rent in New Zealand has increased by about $110 a week over the last 4 years. but that's median, the lower quartile of rental properties has increased by quite a bit less than that no doubt.
A household with 2 minimum wage full time workers meanwhile has seen their combined income increase by $340 over that same time period, and possibly significantly more if they were also eligible for accomodation supplement.
LEK, please don't confuse us with facts.
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09-04-2021, 09:38 AM
#6653
Originally Posted by Habits
I recon this combined with an increasingly broken freight logistics landscape impacting importers and exporters is going to mean some pretty serious challenges going forward for the economy as a whole. A lot of moving parts (or not moving as the case may be) and knock on effects. Will be interesting to see how it impacts some stocks, but also to see the bounce back as things get back on the track (2022?).
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09-04-2021, 10:42 AM
#6654
Member
Originally Posted by alokdhir
Inflation will also lead to reduction of discretionary spends at HLG / WHS type stores ...as people will prioritise essentials over their stuff ...IMHO
Inflation always hit poorest hardest ...WHS !!!
I think you overestimate the amount of brain power people apply to inflation and prices in general. Despite a large chunk of the population having negligible net worth somehow (I've never quite fathomed how, pay-day loan/ pawnshops? dont you eventually have to pay them back/run out of things to sell?) people find money to buy stuff they want. A few dollars here or there dont seem to make much difference.
Also to describe HLG as "discretionary" is a fun debate.
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11-04-2021, 03:37 PM
#6655
Share price currently below MA30 and not that far above the MA100
That MA30 line does look rather cyclical over time ....and its heading down at the moment
I need to keep a closer eye than normal on action
Last edited by winner69; 11-04-2021 at 03:40 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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11-04-2021, 04:44 PM
#6656
winner there are periods where the price has not always sold off at this time of year.
looking to re establish our historical price databases via various data feeds.
hang on vetter check my words carefully... nah havnt got time.
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12-04-2021, 02:34 PM
#6657
Originally Posted by winner69
Share price currently below MA30 and not that far above the MA100
That MA30 line does look rather cyclical over time ....and its heading down at the moment
I need to keep a closer eye than normal on action
Are your squiggly lines adjusted for ex-dividend movements?
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13-04-2021, 04:12 PM
#6658
Accidentally watched the shameless cheerleaders on CNBC today ..please forgive me
Somebody said something like this - with changing inflation & interest rates, finding a single investment that provides income, total return, and low volatility might become difficult.....the definition of capital preservation is changing he said
I yelled at him ‘put it all into HLG’
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-04-2021, 04:21 PM
#6659
Originally Posted by winner69
Share price currently below MA30 and not that far above the MA100
That MA30 line does look rather cyclical over time ....and its heading down at the moment
I need to keep a closer eye than normal on action
Noticed that ShareClarity just downgraded their DCF valuation of HLG from $7.27 to $7.04. Do they know something we don't?
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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13-04-2021, 04:36 PM
#6660
Originally Posted by BlackPeter
Noticed that ShareClarity just downgraded their DCF valuation of HLG from $7.27 to $7.04. Do they know something we don't?
...and they usually so optimistic, like a lot of their ‘value gaps’ are +30% or more ...not like the -4% they have for HLG
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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