HLG - Hallenstein Glasson

[bull....]

Nice chart but hope share price doesn’t fall back to that green lower channel line…..about $3

But as you say the mysterious market does turn up unexpected outcomes

wouldnt surprise me if it goes to $3 some day as that is the historical trading range that is 3 odd to 5.80 odd so based on that is must be expensive at the moment

[see weed]

wouldnt surprise me if it goes to $3 some day as that is the historical trading range that is 3 odd to 5.80 odd so based on that is must be expensive at the moment

Well the sooner it gets back to there the better, whether it is 4.93, 5.10 or 5.30 who cares. I want to start buying back in for the next div at 8.28% yld. or maybe 5.60

[Perky]

Yeah the same legend was convinced that the peacocks that buy glassons are immune to spending slowdowns.

well it appears the peacocks are back in the pen.

From todays smh

Australians under the age of 35 are feeling the heat from rising living costs the most, forcing them to cut back on discretionary spending as many older consumers keep shopping, new data shows.
The Commbank iQ Cost of Living Insights report released on Wednesday crunched data from 7 million Commonwealth Bank customers. It reveals consumers in their early 30s are under the most financial pressure as inflation and interest rates continue to rise.

shows that year-on-year spending for people aged under 35 increased by just 3.4 per cent between the first quarter of 2022 and the first quarter of 2023 – below the inflation figure of 7 per cent.
Under 35s cut their spending on clothing, shoes and accessories by 8.4 per cent in the first quarter of 2023, while expenditure on retail services, such as haircuts and beauty treatments, dropped by 0.6 per cent.


Over the same time period, consumers aged over 35 increased their apparel spending by 3.5 per cent, while their retail services spending jumped by 9.7 per cent.
Consumers aged older than 55 also posted year-on-year increases in their overall spending of 7.7 per cent, tracking above inflation.


link to article here but you may need to sign in to read

https://www.smh.com.au/business/comp...jobid=29651176

[see weed]

So is that it. Are we there yet. Someone is having a little nibble. 5.80 the new low?

[Waltzing]

hoping for mid to high 4's...

now (pass the Tui) but high inflation might have a while to run for say the next 12 to 16 months ... 2025 before winds abate...

last time a dire warning was issued by brokers the stock sold off rapidly... notice the highs never last long.... next reporting will be interesting.

[Balance]

There is an excellent valuable lesson to be learnt from the HLG indexing share price action in the last few weeks.

Live and learn, or live in ignorant bliss.

Your choice.

[BlackPeter]

There is an excellent valuable lesson to be learnt from the HLG indexing share price action in the last few weeks.

Live and learn, or live in ignorant bliss.

Your choice.

Well, yes - just another opportunity to learn ... however I am sure next time an index change comes around everything will be forgotten and the usual suspects will just keep doing what they always used to do - pumping the hype and (presumably) milking the less experienced punters.

Some things just don't change ...

[alokdhir]

Well, yes - just another opportunity to learn ... however I am sure next time an index change comes around everything will be forgotten and the usual suspects will just keep doing what always used to do - pumping the hype and (presumably) milking the less experienced punters.

Some things just don't change ...

[Balance]

Well, yes - just another opportunity to learn ... however I am sure next time an index change comes around everything will be forgotten and the usual suspects will just keep doing what they always used to do - pumping the hype and (presumably) milking the less experienced punters.

Some things just don't change ...

Indeed!

Fools remain fools if they do not learn.

MFB anyone?

[Habits]

A good bounce up to 6.05, instos still buying and little on offer.