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16-03-2018, 01:51 PM
#2001
The Storm business is no longer considered a strategic core asset
of the Group as it is focusing its efforts on expanding its other two much
larger fashion brands, namely Glassons and Hallenstein Brothers, in both the
New Zealand and Australian markets.[
Emphasis added. Its all about focusing on growth.
Last edited by Beagle; 16-03-2018 at 01:53 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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16-03-2018, 01:56 PM
#2002
Originally Posted by Beagle
The Storm business is no longer considered a strategic core asset
of the Group as it is focusing its efforts on expanding its other two much
larger fashion brands, namely Glassons and Hallenstein Brothers, in both the
New Zealand and Australian markets.[
Emphasis added. Its all about focusing on growth.
Precisely the reason why I bought, hope it pans out fine.
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16-03-2018, 02:55 PM
#2003
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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16-03-2018, 04:04 PM
#2004
I am surprised how staunch the hlg shareholders are at present. Other than a few nervous nellies today the buyers have had to raise their offer to meet the seller for a while now. Even though there doesn't appear to be a queue of buyers. One gets the feeling the hlg owners have a good understanding of what they are sitting on.
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16-03-2018, 04:24 PM
#2005
Originally Posted by Maverick
I am surprised how staunch the hlg shareholders are at present. Other than a few nervous nellies today the buyers have had to raise their offer to meet the seller for a while now. Even though there doesn't appear to be a queue of buyers. One gets the feeling the hlg owners have a good understanding of what they are sitting on.
Looks as though the seller at 4.60 is not done yet, keeps propping with more and more to sell.
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19-03-2018, 03:33 PM
#2006
Market doesn't seem to like them giving away Storm
Never mind ....all the low paid workers get a 5% pay rise in a few week ...as Jacinda says that'll boost retail activty so hopefully it all goes on tees and other clothes
Jacinda herself seems to have gone upmarket so maybe Glassons won't be where he followers will go to get their clothes
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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19-03-2018, 03:47 PM
#2007
Originally Posted by winner69
Market doesn't seem to like them giving away Storm
Never mind ....all the low paid workers get a 5% pay rise in a few week ...as Jacinda says that'll boost retail activty so hopefully it all goes on tees and other clothes
Jacinda herself seems to have gone upmarket so maybe Glassons won't be where he followers will go to get their clothes
Nah, nothing to do with Storm, just what I call a boredom drift.
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19-03-2018, 03:54 PM
#2008
Originally Posted by couta1
Nah, nothing to do with Storm, just what I call a boredom drift.
Think you are right.
Thought selling Storm would have added 30 or 40 cents to HLG share price.
Wrong again.!.lol.
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19-03-2018, 03:56 PM
#2009
The "storm" will pass and the forecast to be annunciated late next week by HLG is for bright sunny weather
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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19-03-2018, 04:07 PM
#2010
Originally Posted by couta1
Nah, nothing to do with Storm, just what I call a boredom drift.
All that extra pay hundreds of thousand workers are getting should boost retail sales ....hopefully the likes of HLG stores
Be a shame if it all got spent down the pub and in the casino / lotto shop
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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