Pretty spectacular results in an otherwise troubled industry. Credits to their management and their believers.
Based on these numbers is HLG in my spreadsheets turning "green" again ... though just. The million dollar question is - are they able to continue growing in the next handful of years or is the reduced growthrate only an indication that we are reaching the (revenue and earnings) peak?
I don't know the answer and feel at this stage still quite comfortable that I sold out closer to the previous share price peak.
Share price on fire ....might get to 5 bucks next week
Sales growth slowing though eh BP — 8 weeks +7.2% / 17 weeks +4.8% and 6 months +3.1% (means December / January not that flash)
But sentiment rules so OK for another year ....5 bucks soon and then $5.50 maybe
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Entry/exit points very true sb9 but Graghers future thoughts on outlook clearly changed and no easy feat moving volume as currently today 78k has moved share price by 31c
As has been pointed out in the past Fashion retail is a very difficult business - fickle customers and seasonal weather. But when it comes down to it for us investors the equation is very simple.
Bookmarks