MHJ - Michael Hill International.

[Beagle]

Buy the second hand one beagle.... much better value to suit your well tuned senses. High inflation in 2022 could well see the 2017 model hold its value, then do a private sale and keep the retailer commission.

On MHJ I reluctantly sold half my holding in sept/oct to help a family member with a first home. House bought in may on longterm settlement deal, just quietly. Pleased to still have the remaining half but am starting to feel the stock will take a breather

Likely to keep halving in value every three years. Been there done that on a Mercedes S Class, once bitten twice shy !

Buying shiny things to peacock around with costs money whether its fancy cars, boats or jewellery !

[Waltzing]

"commercial property "

private commercial property was bought by these well healed horse people and placed in Trusts..in the late 1990's.

But back to MHJ... it not too late if it drop back to under 1.30... gosh what happened to .80....... ...dont under estimate the power of Celtic Art..and it made a come back in ireland and the UK in the late 19th century..

this stock has been an outstanding performer in the last 12 months and Rob has gotten the sales mix perfectly balanced.

The performance has seen some big hits into the stands and you cant take those boundaries back and use the Video ref to say "NO BALL".

Its game over for these accounting periods and the numbers are in and thats that..The runs are on the Board!

As they say in sport its Game over and Robs team were Winners and Grinners.

The official result will be signed off by the refs and posted on the score board.

Next seasons performance is another matter.

[Habits]

Well done with the CP which we also tried and did well out of. It has its downfalls in a pandemic but we had already exited to try rural property.

Re MHJ... buy the rumour and buy more after the fact maybe

[Rawz]

I thought MHJ were supposed to have announced it’s foray into a 4th digital market by now? Maybe early next year, lots to look forward to. Like what on earth are they going to do with all the cash they are producing (and hoarding)

Currently we are sitting on a no growth p/e of 10. That’s nuts! Profits are clearly growing much to the markets surprise.

Should be a very good year for MHJ in 2022. We are heading to $50m npat and likely to see a slow re-rate to 13 p/e which will better reflect the growth we are starting to see.

The non believers are saying the same stuff they were this time last year. Missed the boat and the gains. I can understand it thou. Was a dog stock for so long, maybe a few hands were bitten? Go on, put the hand out again- no bite, only diamonds

[Waltzing]

The Commercial property investment themes in the early 1990's was thought up by the Accountants generation educated during the 2 World War and implemented in Trust into the 1980's, not my generation. That was a very smart generation and it is only now that the long term insights of that generation can be seen in all its grandeur.

MHJ may well have anther good Indian summer, you never know.

[Habits]

Yep and not mine either waltzing, possibly some others here generation and they may have experienced the uplift from those warm trade winds. We got into investment from a young age, also in the 90s, and got a little 'booster' (shot bro) to add to our retirement nest egg. Not much for us to (martin) crowe about though

[Waltzing]

Lucky for investors Rob is there and if investors are lucky he will point the board in the direction of a special Div... surely some time later next year or Sooner!! Hoping the Hill family doesnt get too greedy.

for really investing in wealth, try pottery...its the next big thing..Crown Lynn...

[JoeM]

Currently 151 on the ASX.

Looks like it will be a good start to the year

[winner69]

Currently 151 on the ASX.

Looks like it will be a good start to the year

INCREDIBLE STUFF

See it hit 157 ...WOW

[Waltzing]

Came out of the blocks rating up... slowing down a bit at the 250 meter mark....lucky the portfolio percentages is far higher than it should be..

the 4 week range on the ASX is stunning... should have held them on the ASX. Oh dear would have been very over weight then...

Bet most holders in NZ are at the beach and havnt checked the ASX: