MHJ - Michael Hill International

[winner (n)]

Miracles dont always occur... was expecting negative sale growth NZ -

selling what ever we still hold in 2 private company CSN when or if it hits 130..

they can still keep the DIV as they have plently on the balance sheet to pay out...

HLG sales up in NZ so MHJ was likely to follow suit

Just going with the flow

You'll be correct if you reckon negative in second half

[Waltzing]

yep and the expenses of protecting the local shops...

expect expense up but some of it might be CAP EX

[Waltzing]

paint drying ... some trades ......

[Waltzing]

Results out . As stated over on the other channel.

NZ and AUS has some jewels left to sell after being grabbed by the little rat bags..

Has NZ taken over the old AUSSI mantel as a country of criminals?

well increase in the DIV which makes this stock grossely under valued.

Winner no doubt may do the numbers but who has time in this autumn of discontent.... 

whopping payout and hopefully buy back continues but no statement. Looks like they want the cash to keep the DIV up.

look like they have some inventoyr to move but with the increase in sales over 21 they need it.

130 at least surely...

Sellers drying up?

One of the best DIV payers for this year along with HLG on the NZX

Big retail order going in 100 @ 114.

Inflation hitting expenses which hopefully has levelled off.

[winner (n)]

Over here I can say it was a pretty crap half year for MHJ without getting drowned out by the believers

They sold heaps more but made a little more

Increased NPBT in OZ but went backwards in NZ and Canada (supposedly the growth engine)

Below is how they managed to increase NPBT by $2.5m ... quite interesting

In saying all this share price is pretty cheap. To get punters interested they should be forgetting the stupid share buyback and just pay out most of the cash profits as a dividend

You cannot view this attachment.

[Waltzing]

yep pay put the cash as Winner() says...

expenses up...

but cheap share ...

forget BB ...

if they cam keep DIV up its a Grinner()

outlook FLAT ... SP needs to catch up... 130..

probably looking to cut staff.. 

[Waltzing]

Think it will take a year or more to move the SP Winner()...

On the other hand if you dont buy here you wont get a 10 Percent Yield in 5 years time based on the  SP at the moment.

They arnt going belly up any time soon.

[winner (n)]

Think it will take a year or more to move the SP Winner()...

On the other hand if you dont buy here you wont get a 10 Percent Yield in 5 years time based on the  SP at the moment.

They arnt going belly up any time soon.

Hey waltz - what's a cheap Enterprise Value / Cash flow multiple in your big black box

[Waltzing]

 Its sure is cheap in the 1.10 .130 range if they keep just making jewellery..

It appears celtic ART is a Winner()

Im sure MR P and his LOV investment is doing just fine...

They saying RBA has one more hick then its wait and see.

That Yield is sky high...

[Ferg]

Increased NPBT in OZ but went backwards in NZ and Canada (supposedly the growth engine)

Nice post winner - what happened in Canada??

[Waltzing]

They Hate it... Hate it.....

Feel the Hate...cant be ESG enough... no diversity in the models...

[winner (n)]

Seems MHJ and KMD having a race ....... neck and neck in the race to somewhere

[Waltzing]

huge yield on MHJ now.. WAAWHOOOOGE!!!

that could be shouted over the Hoot and Hoola.

[winner (n)]

huge yield on MHJ now.. WAAWHOOOOGE!!!

that could be shouted over the Hoot and Hoola.

Story in paper says they can always melt down the gold jewellery that hasn't sold to pay the divie 

[Clearasmud]

Story in paper says they can always melt down the gold jewellery that hasn't sold to pay the divie 

That tells me they have the "owners eye"