Truly amazing how people are spending at the moment ...the worlds a happy place eh ..and HLG stores will be creaming it
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No wonder online spending is going through the roof, people getting excited about their digital presence https://www.glassons.com/
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
Do you think we will get a trading update on Monday? Happened last year on the 1/12
If its materially significant like last year it was higher by 15% than previous. Here's hoping they would announce a trading update come Monday. Then it'll be BOOM time $6+ here we come.
Do you think we will get a trading update on Monday? Happened last year on the 1/12
Good question...Either then or at the annual meeting on 12 December. The key is to be well positioned before hand
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
If its materially significant like last year it was higher by 15% than previous. Here's hoping they would announce a trading update come Monday. Then it'll be BOOM time $6+ here we come.
Growth will be more than your 15% number sb9
Only 6 bucks .....jeez it was much more than that a while ago and the world is happier now .....and no problems with their margins now.
Jeez if Kathmandu can do well HLG are doing much better
”When investors are euphoric, they are incapable of recognising euphoria itself “
Hallensteins in Queen St Ak had people queuing for changing rooms Friday afternoon, and Glassons next door looked really busy too. I was impressed with the stock - much improved on a couple of years ago in terms of appealing to all ages.
From linked article:
retailer's market value has increased from $232 million to just $337m in the past 25 years as it has struggled to make sustained progress in challenging Australasian retail market conditions.
So stuff all capital returns (most of it come lrecently but it’s had it’s up and downs) since listing but that’s what you would expect when most of the profits have been paid out as dividends over the years
”When investors are euphoric, they are incapable of recognising euphoria itself “
From linked article:
retailer's market value has increased from $232 million to just $337m in the past 25 years as it has struggled to make sustained progress in challenging Australasian retail market conditions.
So stuff all capital returns (most of it come lrecently but it’s had it’s up and downs) since listing but that’s what you would expect when most of the profits have been paid out as dividends over the years
A fact completely overlooked by Gaynor. HLG has a stellar record as a dividend yield stock and anyone fortunate enough to follow the dog who picked the bottom a couple of years ago at $2.70 has done handsomely well with capital gains too. Quite apart from that I think they're just coming into their stride with their Glassons expansion in Australia. Plenty more growth to come over there I also think its notable that HLG are N.Z.'s oldest listed company. Plenty of companies come and go over the years...there's something I really like about long established companies.
Last edited by Beagle; 02-12-2018 at 06:02 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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