HLG - Hallenstein Glasson

[nztx]

Time to back up the truck again ?

[Balance]

Look at those credentials!!!

He has done the hard yards with his qualifications and proven his credentials with the growth of Glasson in OZ.

A worthy appointment to the BOD if ever there was one!

[winner69]

Mr Lew said ‘sales performance at the company’s stores following the lockdowns upon reopening had “fully offset the cost of supporting our teams”, meaning the JobKeeper funds were not required.

Not paying back all of what they got but at least a bit of a conscience


https://www.smh.com.au/business/comp...03-p57oal.html

[LaserEyeKiwi]

Mr Lew said ‘sales performance at the company’s stores following the lockdowns upon reopening had “fully offset the cost of supporting our teams”, meaning the JobKeeper funds were not required.

Not paying back all of what they got but at least a bit of a conscience


https://www.smh.com.au/business/comp...03-p57oal.html

How is this relevant to HLG?

[macduffy]

How is this relevant to HLG?

It's not, directly. Solomon Lew heads a retail "empire" so there is a tenuous relevance?

[winner69]

It's not, directly. Solomon Lew heads a retail "empire" so there is a tenuous relevance?

....mainly selling clothes and in competition to HLG

[Waltzing]

US retail share prices up such as GAP.

Global retail shares next to reflate.

HLG SP no longer dependant on NZ alone.

[winner69]

Both NZ and Oz Retail Stats apparel/clothing have reported strong sales in March and April

All good for HLG sales - esp as they must be gaining share as well

Shareprice has to get to 8 bucks soon and then head to 9 bucks

[Habits]

"Ground floor: perfumery
Stationery and leather goods
Wigs and haberdashery
Kitchenware and food
Going up

First floor: telephones
Gents' ready-made suits
Shirts, socks, ties, hats
Underwear and shoes
Going up

Second floor: carpets
Travel goods and beddings
Materials and soft furnishing
Restaurant and teas"

(Courtesy Are You Being Served)

....

Seventh floor bikinis, hats and summerwear... going up lolz it is all going up


Now that the SP has been hanging on the seventh floor for too long, it is time to make a move to the 'eighth' floor

[Cyclical]

Both NZ and Oz Retail Stats apparel/clothing have reported strong sales in March and April

All good for HLG sales - esp as they must be gaining share as well

Shareprice has to get to 8 bucks soon and then head to 9 bucks

It's been languishing at these levels for quite some time, must be ripe for some positive news and a nudge forward...I'm getting a bit bored with these juicy dividends not being diluted a little by a higher SP.