MHJ - Michael Hill International.

[clearasmud]

I know the market loves Lovisa, it has higher growth and better stock control?.
Buts it's a smaller business than M, has half the cash, makes half?, but is capped at 2 billion!

I could say something similar about RBD.

[Waltzing]

LOV is a great Jewellery stock for sure... no arguments there.

[percy]

LOV is a great Jewellery stock for sure... no arguments there.

Agree.
Comparing MHJ and LOV 5 year charts, you can see which one is worth investing in.

[Rawz]

LOV.asx has goodish growth but holy heck it is trading at huge multiples. It increased revenue 15% on FY2019 levels. I dont see what all the fuss is about to be honest.

LOV all about the fast fashion jewellery. MHJ more traditional in a way.

I wonder when MHJ will turn to growth? They have consolidated/refined the business with store rationalisation, new employee sales incentive scheme, no more big discounting promotions, more efficient 3pl supply lines and strong online + branded jewellery offerings. They say a new online market will be entered by H2 FY22, that should offer some growth opportunities but will come with fairly large marketing costs I would imagine. At least its not going to be a physical store rollout. Hill Snr probably wont allow it whilst he is sitting at the board room table, after the USA nightmare....

[clearasmud]

LOV.asx has goodish growth but holy heck it is trading at huge multiples. It increased revenue 15% on FY2019 levels. I dont see what all the fuss is about to be honest.

LOV all about the fast fashion jewellery. MHJ more traditional in a way.

I wonder when MHJ will turn to growth? They have consolidated/refined the business with store rationalisation, new employee sales incentive scheme, no more big discounting promotions, more efficient 3pl supply lines and strong online + branded jewellery offerings. They say a new online market will be entered by H2 FY22, that should offer some growth opportunities but will come with fairly large marketing costs I would imagine. At least its not going to be a physical store rollout. Hill Snr probably wont allow it whilst he is sitting at the board room table, after the USA nightmare....

Yes they would have learnt from USA and Emma Jane disasters

[Waltzing]

Its in recovery mode and you have to like the numbers such as stated here by others before P/E. If numbers just stay at this level and surely they will improve a bit that P/E is hard to beat..

When P/E's go over the 3 figure mark you need growth.

The other stock has some very big back fills in it..

This stock has a long slow train wreck graph and then the start of a turn around.

From a pending destressed asset point of view this fits the bill.

Looking for destressed assets in Europe from here on in.

Your road to recovery in NZ is on track and there is nothing pending a deadly variant that will derail it.

[clearasmud]

Agree.
Comparing MHJ and LOV 5 year charts, you can see which one is worth investing in.

Hi Percy, Don't you mean "was worth investing in"

[Waltzing]

yes clear as mud.

the other one is a lov'e trading stock now.

Those big back fills and they are big!

[percy]

Hi Percy, Don't you mean "was worth investing in"

NO..........................................
LOV's business model is successful while MHJ's is questionable.

[whome]

Hi Percy, Re ‘LOV's business model is successful while MHJ's is questionable.’ Can you pls elaborate with a summary of the key elements of the business models of both LOV and MHJ that makes one successful and the other questionable. Asking from the viewpoint of respect for your analyses.