HLG - Hallenstein Glasson

[winner69]

Culture Kings, with 7 Australian stores - about to open an 8th in Auckland - $650 million valuation on $19 million in net profit. Some NZ listed companies are criminally undervalued.

On same multiple GLB.ASX should be $30 instead of 5

And HLG about $15 instead of $7 odd

[pak]

On same multiple GLB.ASX should be $30 instead of 5

And HLG about $15 instead of $7 odd

Have you seen the valuation they have for HLG on SimplyWall street? Undervalued would be an understatement if you base it on their metrics.

[winner69]

Have you seen the valuation they have for HLG on SimplyWall street? Undervalued would be an understatement if you base it on their metrics.

OMG 80% undervalued

Do they have a valuation close to 40 bucks then?

[sampson]

Culture Kings, with 7 Australian stores - about to open an 8th in Auckland - $650 million valuation on $19 million in net profit. Some NZ listed companies are criminally undervalued.

Yeah that's true. There's also examples of retail stocks on the ASX that are on similarly low valuations as well though e.g. dusk group (DSK) and shavershop (SSG) are two I hold which have decent growth profile and dividend yield, though both benefitting from the covid sugar hit. So not just an NZX thing.

[Cyclical]

On same multiple GLB.ASX should be $30 instead of 5

And HLG about $15 instead of $7 odd

Have you seen the valuation they have for HLG on SimplyWall street? Undervalued would be an understatement if you base it on their metrics.

OMG 80% undervalued

Do they have a valuation close to 40 bucks then?

Hence my question earlier...could they be a potential takeover target by someone over the ditch, or beyond...?

[winner69]

Hence my question earlier...could they be a potential takeover target by someone over the ditch, or beyond...?

Always a possibility but would be the big shareholders be keen to let their money machine go.

[BlackPeter]

Hence my question earlier...could they be a potential takeover target by someone over the ditch, or beyond...?

Nonsense - do you really think anybody with enough money to take over HLG would trust or use a Simply Wall Street valuation? This "service" is well known for throwing out absolutely random numbers without any connection to reality. They publish only for entertainment and work probably hand in hand with the people preparing the horoscopes for the women's weekly magazines.

Apart from that - you realize that more than 20% of HLG belong to the Glasson's family ... you think they sell out? Really?

[winner69]

Shareclarity has a DCF value of $7.04 ....seems about right

[Balance]

Nonsense - do you really think anybody with enough money to take over HLG would trust or use a Simply Wall Street valuation? This "service" is well known for throwing out absolutely random numbers without any connection to reality. They publish only for entertainment and work probably hand in hand with the people preparing the horoscopes for the women's weekly magazines.

Apart from that - you realize that more than 20% of HLG belong to the Glasson's family ... you think they sell out? Really?

20% is not control - 76% is control. So yes, it is possible for a takeover but improbable as the company is well run and growing. Matter of the market progressively valuing the shares to its proper level.

[Cyclical]

Nonsense - do you really think anybody with enough money to take over HLG would trust or use a Simply Wall Street valuation? This "service" is well known for throwing out absolutely random numbers without any connection to reality. They publish only for entertainment and work probably hand in hand with the people preparing the horoscopes for the women's weekly magazines.

Apart from that - you realize that more than 20% of HLG belong to the Glasson's family ... you think they sell out? Really?

Bit of an overreaction there, BP...I'm not saying it's worth 40 bucks, all I'm suggesting is it's probably undervalued on the international stage, doing bloody well sinking it's teeth into Oz, and likely not going unnoticed by some of it's larger competitors. One way to deal with pesky competition...buy them out.