HLG - Hallenstein Glassons Holdings

[KW]

Hi KW. Hope you had a good Christmas and New year. I am interested in the HLG Santa Rally. Could you please send me the link or information on this Santa Rally. Thank you in advance seaweed.   

The "santa rally" is the big rally that global stock markets experienced during Nov and Dec last year, driving many bourses off the low on Oct 30 to hit new all time highs by the end of Dec.  Even the NZX participated a bit, although still far from hitting a new high.  So when a company goes in the opposite direction of a major market move, its a sign of extreme weakness. 

[seaweed]

Where have all the sellers gone?... Long time passing.   Where have all the sellers gone? ... Long time ago.......    Where have all the young girls gone?.....Off to Glassons to buy more clothes.....Oh, When will you ever learn?  Oh, When will you ever learn?.... Where have all the young men gone?...Long time passing ....Where have all the young men gone?...Long time ago They off to Hallensteins to buy more clothes. Oh, when will you ever learn?...Oh, when will you ever learn?....To buy more shares when they are low.                                                                 

[BlackPeter]

Where have all the sellers gone?... Long time passing.   Where have all the sellers gone? ... Long time ago.......    Where have all the young girls gone?.....Off to Glassons to buy more clothes.....Oh, When will you ever learn?  Oh, When will you ever learn?.... Where have all the young men gone?...Long time passing ....Where have all the young men gone?...Long time ago They off to Hallensteins to buy more clothes. Oh, when will you ever learn?...Oh, when will you ever learn?....To buy more shares when they are low.                                                                 

I think there is a lot of truth in your last line. Only issues is - you only will know with the benefit of hindsight when the shares have been low.

Lets face it - HLG is, while well managed, neither a FPH nor a MFT, nor any essential infrastructure (all demanding and often receiving a high quality premium), and HLG is currently PE wise at best fairly priced (forward PE = 12).

While young people tend to spend their money frequently unwise, lets face it: nobody really needs cheap rags (even if they look good). Nothing happens if everybody is just wearing their clothes another season (or two), while the impact of not paying the rent or the mortgage or the food could be quite dramatic.

I wish you well with your song-based investment strategy, but must admit - this would be 2 hot 4 me.

[Waltzing]

Looks like a pretty good base is forming... Its had some long runs before moving up before.. but the next 2 reports for all retail stocks are going to probably not be that great. Its tittering though to the down side for a while...

[Cod]

Stasis at the moment directionless.

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[Waltzing]

YUP ...that next market update no doubt WInner will be all over it and AUSSI stats.

[winner (n)]

YUP ...that next market update no doubt WInner will be all over it and AUSSI stats.

In NZ Retail Watch said December clothing stores sales were down 6% on Dec 2022

HLG prob down even more ....first 19 weeks (to November)?) sales were down 4.7% so things not getting better

Looking a bit ominious this year for the Groups profitability

In saying that a share price of $5.50 is ludicrous ..high thst is.

[Waltzing]

A GAP year coming up then for retail...

[winner (n)]

ANZ cardholders analysis of activity for December in NZ

Sharon says ...... clothing retailers continues to paint one of the grimmest pictures across the card spend data set ....sales lower than last year

I'd say things not looking good for HLG in F24 ."need to revise my forecast methinks

[Pierre]

I think what happened to the market in Oz will be of more significance to HLG.

[KW]

I think what happened to the market in Oz will be of more significance to HLG.

CPI in Australia out today, 4.3%.  There is deflation in the price of clothing https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/monthly-consumer-price-index-indicator/nov-2023

[Waltzing]

"The most significant price rises were Housing (+6.6%), Food and non-alcoholic beverages (+4.6%), Insurance and financial services (+8.8%) and Alcohol and tobacco (+6.4%)."

Drinking up as its geting hotter... dont forget to hydrate....

Thanks for that reminding one to read the economic stats in summer is hard work... 

[seaweed]

Seeweed not going to let that happen

:)Sold some and then bought a few back with all the down talk last couple of weeks. Got some this morning on open but only half my order. There is 18 other buyers out there. Four weeks before the update.   

[winner (n)]

ANZ cardholders analysis of activity for December in NZ

Sharon says ...... clothing retailers continues to paint one of the grimmest pictures across the card spend data set ....sales lower than last year

I'd say things not looking good for HLG in F24 ."need to revise my forecast methinks

Jeez, since I revised my profit forecast 'downwards' the share price has rocketed up

Oh well, as Peter says you can't predict the mood of the market and share price movements

[winner (n)]

Oz retail stats December month

Clothing, footwear and personal accessory retailing fell 5.7%