HLG - Hallenstein Glasson

[Waltzing]

"You can do a fair bit with $10m of new capex each year such as store refurbishment and a prudent amount of new store openings."


Getting that extra dollar starts to get expensive at some stage. The bigger you get the more complex it becomes.

we also thought 10 million would be needed and thats why special div being a big one might not be a good idea...

retails needs a buffer and keeping some dry powder is a good idea.


Big world small company.

Even Team NZ has a French designer.

At some point going international requires some buy in from team members who are internationals.

[Beagle]

Huge amount of scope for growth close to home in Australia. I am very comfortable with how they're running the business. No need to fix anything that isn't broken.

[macduffy]

At some point going international requires some buy in from team members who are internationals.

HLG management is too canny to throw away money by trying to compete on the international stage! ( For current purposes, treat Australia as "local")

[Waltzing]

" No need to fix anything that isn't broken."

[oldtech]

Hmm ... after a promising start, the SP is heading downwards.

Wonder if the market is getting jittery about the possibility of an extended lockdown?

[winner69]

Extraordinary performance by HLG over the pandemic period .... is there a word for better than extraordinary?

Taking the last 2 half years which cover February 20/ January 21 which covid has basically had severe impacts for the whole 12 months HLG has had sales of $310m and npat of $32.3

Compare that ti the prior 12 months (Feb19/Jan20) which was a period of great consumer demand - it that period sales were $296m and npat was $28.4m

So even during a pandemic that the world hasn't seen for over a century HLG sold heaps more and made 14% more profit than they did in good prior year

Almost like a pandemic hasn't happened

Is stupendous better than extraordinary?

[winner69]

Hmm ... after a promising start, the SP is heading downwards.

Wonder if the market is getting jittery about the possibility of an extended lockdown?

Victoria lockdown over

[Tripp]

Hmm ... after a promising start, the SP is heading downwards.

Wonder if the market is getting jittery about the possibility of an extended lockdown?

People might also be taking some profits to cover their initial investment.

[nztx]

Victoria lockdown over

Meanwhile the Contacts List here grows to 120 - any advances ?

An extra 2 + the 3 = 7 days ? surely not ?

everyone remains mystified at how it happened..

and a hoarde of Health Dept bods are furiously swarming around exploring why Auckland temporary
visitors to the Naki didn't partake in the local Kai while out west, resulting in more casing things out ..

[nztx]

Extraordinary performance by HLG over the pandemic period .... is there a word for better than extraordinary?

Taking the last 2 half years which cover February 20/ January 21 which covid has basically had severe impacts for the whole 12 months HLG has had sales of $310m and npat of $32.3

Compare that ti the prior 12 months (Feb19/Jan20) which was a period of great consumer demand - it that period sales were $296m and npat was $28.4m

So even during a pandemic that the world hasn't seen for over a century HLG sold heaps more and made 14% more profit than they did in good prior year

Almost like a pandemic hasn't happened

Is stupendous better than extraordinary?

think you nailed it well there Winner

the only thing still left hanging in the wings is what will be trotted out after the fat lady finishes singing ..

Just organising an empty truck .. just in case