sharetrader
Page 62 of 242 FirstFirst ... 125258596061626364656672112162 ... LastLast
Results 611 to 620 of 2416
  1. #611
    Member
    Join Date
    Apr 2014
    Posts
    397

    Default

    Well an argument could be made for taking more than last years earnings into consideration. In which case the 'average' p/e of HLG is considerably higher.

    In any case I hold more HLG than MHJ.

  2. #612
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by winner69 View Post
    Hard to fix when you try to turn a slow moving train wreck around

    I blame Rob Fyfe influence

    Rob must have been upset with my comment

    Bought 700,000 shares

    BUY WHEN DIRECTORS BUY
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #613
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by winner69 View Post
    Rob must have been upset with my comment

    Bought 700,000 shares

    BUY WHEN DIRECTORS BUY
    I think the other director bought some as well, but not as many as Rob. Yeah a buy signal if I ever saw one.

  4. #614
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by winner69 View Post
    Rob must have been upset with my comment

    Bought 700,000 shares

    BUY WHEN DIRECTORS BUY

    any idea at what price ?

  5. #615
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

    Default

    Quote Originally Posted by whatsup View Post
    any idea at what price ?
    72 cents.

    Well, gotto to say that 700,000 shares buy a lot of credibility so time to have a close look at this one!

  6. #616
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Well they certainly do not use charts to time their share purchases.
    Business model looks broken to me.

  7. #617
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by percy View Post
    Well they certainly do not use charts to time their share purchases.
    Business model looks broken to me.
    Why do you say that , these guys are not mugs, imo the current " failed " business model can be changed and Im picking that is why they are there.

  8. #618
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    The fizz is out of the bottle.
    Their business model was based on discounting? Discounting bringing the price back to what I would call the normal retail price.
    As is in the case of most failed retail models rebranding costs a great deal and more often than not fails.
    Same store sales are flat or negative while overheads are increasing.
    Finally waking up years too late to online sales ,means that they are behind the pack here too.
    My own view is LOV have taken the low end of the market leaving either the middle or upper end to MHJ,and I doubt they will survive in either of those.
    A lot of clever people have lost a great deal of capital in the changing retail market.
    Different this time.?

  9. #619
    Handsome Member
    Join Date
    Jun 2015
    Posts
    759

    Default

    Totally agree, my family (especially mom) is a jewellery person and have really moved away from MHJ stores which they did like initially (15 years or so ago) but their "normal" prices of jewellery is ridiculous, they priced themselves in the "unique" "one off" "custom made" market on their higher end products which was basically stuff off the catalogue (they would even open the suppliers catalogue and show you the options and then charge to MHJ pricing. Family have all moved to smaller retailers who have better 18ct and 22ct jewellery and manufacture very small number of items which is what you want when spending 5-10k on jewellery IMO.
    The other part that really annoyed me with MHJ was their useless "life guarantee" on their pieces, yet whenever u have a problem there is ALWAYS a BS fine print about why they cant fix it without extra charges. There is ALWAYS an extra charge even though item is used less than 30 days.
    I personally didnt like some of their sales reps, too pushy for my liking.
    I just think they lost the plot along the way, products were just not in line with prices - our insurance company agreed on their valuations as well, hence they made use get external ones at our cost.

  10. #620
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    LAC said — I personally didnt like some of their sales reps, too pushy for my liking.


    No pushy pushy no going to Vegas. Some even get into the Gold Club (not that Sir Michael looks too impressed in one photo)

    Pages 16 and 17 Celebrating Success
    http://nzx-prod-s7fsd7f98s.s3-websit...470/287529.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •