HLG - Hallenstein Glasson

[nztx]

Better not comment on page 20 in these politically correct times.

Yes .. the figures are definitely up

[Waltzing]

removed...

[winner69]

Better not comment on page 20 in these politically correct times.

I'm very disappointed the auditors didn't bring it up as a key audit matter - is a significant issue of a material nature.

Dereliction of duty I reckon

[Grimy]

I guess we will have to wait until the December meeting to hear what is decided about the deferred dividend. Hopefully with a few more weeks to see where things are going they may be able to give some clarity and say either yes or no.

[winner69]

ABS report Clothing retailers sales down 18% on last year in August and down 11% in September (first 2 months of Glassons financial year)

But shops all open now so no doubt the massive catch up and under way


And Auckland retail will open up this week


So expect HLG half year sales to be up more 12% on pcp

Could be a bullish ASM next month

[Waltzing]

What shops all open... Mayor in central north island wants to open but cant even talk to anyone in wellington.

dont expect people to rush out into a virus filled environment do you? Its not everywhere but you just dont know which person has been where!

people are going to be a little cautious?

when retail does build back better inflationary winds might be blowing head on. It's not plain sailing that was last year!

There is no one on the bridge.

[LaserEyeKiwi]

ABS report Clothing retailers sales down 18% on last year in August and down 11% in September (first 2 months of Glassons financial year)

But shops all open now so no doubt the massive catch up and under way


And Auckland retail will open up this week


So expect HLG half year sales to be up more 12% on pcp

Could be a bullish ASM next month

“Auckland retail will open up this week” - ??? Did i miss something or is that what you are speculating will happen at todays 4pm review? I hope so as well, but I think Auckland is so close to implementing the traffic light system (on track to hit 90% double dosed within 3 weeks, and i imagine somewhere within 2-3% will be close enough to announce the re-opening date), and vaccine passports are just weeks away, that I would not be surprised if the health advice and cabinet decision/preference is to wait for that system to be in place in a few weeks time before reopening retail.

[winner69]

Bugger - Tom let me down with the goss ....only got Waikato right and a week out for Auckland ... but you guys can go shopping next Tuesday

All go for HLG for the rest of the year

[LaserEyeKiwi]

Bugger - Tom let me down ....only got Waikato right and a week out for Auckland ... but you guys can go shopping next Tuesday

All go for HLG for the rest of the year

Was a pretty bloody good announcement!!! Really pleased to see retail fully open nationwide as of next Wednesday. A big win for retail stocks here.

[Beagle]

Bugger - Tom let me down with the goss ....only got Waikato right and a week out for Auckland ... but you guys can go shopping next Tuesday

All go for HLG for the rest of the year

HLG balance sheet will be strong after taking legitimate Covid Govt support and they will now enjoy a robust summer's trading. Looking forward to my dividend to be announced in the next month or so.
Disc: Added some more today as my view is the future growth rate of Glassons Australia and International is not priced into the shares.