MHJ - Michael Hill International.

[sb9]

Agree.
One opening new stores around the world,the other closing stores.
One a winner,the other a loser.
Easy choice which one to hold.

Ouch, that's bit harsh towards MHJ

[Rawz]

Ouch, that's bit harsh towards MHJ

Percy will often pop onto the joyous MHJ thread and throw mud at poor ole MHJ, Last post if I recall was that he didnt think much of master Rob Fyfe.

Perhaps just doesnt like the old MHJ... when they were wasting money in USA expansion, tax issues, declining margins etc.

New MHJ is reborn with better management, better online offering, higher branded sales, making more by selling less etc

Ah well, turnaround stories not for everyone I guess.

[percy]

Compare the price of this to Lovista.
All things considered, what a joke.

My post was in reply to the above drivel.
ps.The trust I am a trustee of holds LOV shares.[bought under $4.00]

[Waltzing]

LOV has a very good underlying trend line over the last 12 months and an outstanding performance.

Its now an expensive stock and has to keep that performance up.

The companies may be in the same sector but their balance sheets are quite different and i mean VERY.

The ratios are also very different which makes MHJ.

For a cheaper price a Play.

The metrics as they stand for MHJ in relation to SP price good value for money.

RF is an outstanding director to have on any board.

M Hill has excellent taste in music.

[percy]

All au.$
5 years ago $16,300 would have bought 10,000 MHJ shares @ $1.63 a share.but only 4,836 LOV at $3.37.
Today the MHJ holding is worth $9,600...A loss of 41%
Today the LOV holding is worth $91,738. A gain of 562%

Its different this time....Yeah right...lol

[clearasmud]

My post was in reply to the above drivel.
ps.The trust I am a trustee of holds LOV shares.[bought under $4.00]

Hi Percy, the drivel is MHJ has a pe of 8,LOV pe of 80.But of course LOV thoroughly deserves that and MHJ being a dog deserves a pe of only 8.

[percy]

Hi Percy, the drivel is MHJ has a pe of 8,LOV pe of 80.But of course LOV thoroughly deserves that and MHJ being a dog deserves a pe of only 8.

Agree..........................................lol .

[Waltzing]

Yes LOV performance is outstanding.

[winner69]

After 7 weeks of Q1 same stores were +17% up

Full quarter same store sales up an impressive 15%

The last 6 weeks of the must have been less than impressive ….things slowing down ....maybe only 13% in last 6 weeks

[Waltzing]

Working in These types of industries can be very demanding.

Heres a comment from a competitor of MHJ. Might be fake who knows.

"Regional managers are horrible, cried twice because of them, so much pressure out on you to basically pressure customers into buying cheap and easily broken jewellery and to getting piercings."