HLG - Hallenstein Glasson

[Beagle]

Last bit of HLG half year assessment is 'where could share price go over next year'

I'll let the picture answer that

The July 22 EPS is my forecast

Ouch that could go under $4...that's pretty scary. Maybe there's an element of cyclicality to this after all, surely not
No worries, Australian growth in Glassons will carry the day, huge dressable market there !

[Rawz]

Ouch that could go under $4...that's pretty scary. Maybe there's an element of cyclicality to this after all, surely not
No worries, Australian growth in Glassons will carry the day, huge dressable market there !

A lot riding on Aus.. all it takes is for the guru Glasson buyers to get it wrong for one season- which does happen to every rag trader.. they would have to dump the bad clothing on very low margins and thus turn in a terrible profit. Then this house of cards comes tumbling down.

[Waltzing]

"house of cards comes tumbling down"

its happened before and because the balance sheet has no debt it matters little. They adjust and off they go again.

[Beagle]

A lot riding on Aus.. all it takes is for the guru Glasson buyers to get it wrong for one season- which does happen to every rag trader.. they would have to dump the bad clothing on very low margins and thus turn in a terrible profit. Then this house of cards comes tumbling down.

Everything riding on Australia. N.Z. sales have effectively been stagnant on average for many, many years.
Huge market that they've only begum to scratch the surface of. I'm impressed with how well they're managing the supply chain challenges with the gross profit margin up a bit in the latest half year result. No easy feat given the widely publicized severity of the issue. Market doesn't seem too concerned so it looks like I can go back to sleep. 5% gross yield is fine for a growth company, that's what the market is saying.
Shares are up today, no worries

[Waltzing]

Thank you MR B..

Share bounced off 5.80 support and its an AUS Proxy now. Growth with no debt; hard to beat that.

BRIS has however moved forward in NZ along with WHS. Though WHS has a lot more hard work to do than BRIS.

[nztx]

Pretty uninspiring the KMD profit trends

Take it you still in love with KMD

KMD .. have difficulty feeling enthused to fly even at a safe height over that one

it did present an opportunity, like most others riding out of the Covid dip - that is for
those who didn't get too badly suckered in on the 'Get us out of a Bad Space'
Cap Raise before the upwards trail that then followed ..

I'm not sure where you got that impression - Winner ?


Back to HLG .. that's a whole different Kettle of Fish

A small drop in profit, Div or change in ratios etc in current times is not a concern IMO

I tend to view their long track record & position instead

[LaserEyeKiwi]

Everything riding on Australia. N.Z. sales have effectively been stagnant on average for many, many years.
Huge market that they've only begum to scratch the surface of. I'm impressed with how well they're managing the supply chain challenges with the gross profit margin up a bit in the latest half year result. No easy feat given the widely publicized severity of the issue. Market doesn't seem too concerned so it looks like I can go back to sleep. 5% gross yield is fine for a growth company, that's what the market is saying.
Shares are up today, no worries

I feel like Glassons has done fairly well just remaining stagnant in NZ, considering the amount of the apparel market that KMart is gobbling up with its aggressive expansion nationwide, along with H&M doing the same over the last decade (less so now). Its the opposite in Australia where glassons is the new entrant (albeit we are talking different size fish here, but better to be the small growing fish in a much larger market)

[percy]

Everything riding on Australia. N.Z. sales have effectively been stagnant on average for many, many years.
Huge market that they've only begum to scratch the surface of. I'm impressed with how well they're managing the supply chain challenges with the gross profit margin up a bit in the latest half year result. No easy feat given the widely publicized severity of the issue. Market doesn't seem too concerned so it looks like I can go back to sleep. 5% gross yield is fine for a growth company, that's what the market is saying.
Shares are up today, no worries

E‐Commerce
Digital sales have increased to 32.8% of total Group sales for the six‐month period, up from 23.8% in
the same period last year. There is an increased focus on digital marketing across the Group to drive
engagement across all channels. The Glassons App continues to be very successful with more than
500,000 downloads, while significant work has been undertaken on the Hallensteins web shop to
improve the look and the customer experience.

Now 32.8% of total group sales is really something.
So what sort of numbers do we get should US online sales take off.?
I would think very big ones,considering the population of California alone is more than NZ and Aussie combined..!!..lol

[Waltzing]

yes great numbers... now just need to see some share orders to match the on line...

4000 odd so far....

[LaserEyeKiwi]

E‐Commerce
Digital sales have increased to 32.8% of total Group sales for the six‐month period, up from 23.8% in
the same period last year. There is an increased focus on digital marketing across the Group to drive
engagement across all channels. The Glassons App continues to be very successful with more than
500,000 downloads, while significant work has been undertaken on the Hallensteins web shop to
improve the look and the customer experience.

Now 32.8% of total group sales is really something.
So what sort of numbers do we get should US online sales take off.?
I would think very big ones,considering the population of California alone is more than NZ and Aussie combined..!!..lol

Have they set up a US based fulfillment center yet? (You can use a 3rd party service for this even) - that would be the sign that they are serious on the US online effort.