HLG - Hallenstein Glassons Holdings

Breezy · Apr 17, 2024, 05:19 PM

Quote from: Basil on Apr 17, 2024, 04:48 PMThe market prefers full imputation credits. The fact you don't is completely irrelevant. Quite obviously, that simple fact is lost on you, so I won't bother trying to unpack it any further.

Breezy, anyone who sold in the depths of the Covid crisis got smashed. I tried at enormous length to encourage you just before the Covid crash hit to sell at over $6. All the posts are still there on the other channel in early 2020 evidencing that.

But that's the point I shouldn't have sold any at any price (My avg was $3.20) it was a long term hold and I was actually one of the only positive ones on that thread on the other channel during that time. The best thing I could have done was stay away from the forum for a few months, these types of places can have an underlying negative influence at the wrong time. Given a similar situation in the future I would just do nothing and tune out from forums.

Basil · Apr 17, 2024, 05:26 PM

Quote from: Breezy on Apr 17, 2024, 05:19 PMThe best thing I could have done was stay away from the forum for a few months, these types of places can have an underlying negative influence at the wrong time.

What you say is very true but at the end of the day we all have to take ownership of our own decisions as painful as that process can sometimes be. Those were very dark days and a lot of people lost a lot of money.

Breezy · Apr 17, 2024, 05:30 PM

Quote from: Basil on Apr 17, 2024, 05:26 PMWhat you say is very true but at the end of the day we all have to take ownership of our own decisions as painful as that process can sometimes be. Those were very dark days and a lot of people lost a lot of money.

Anyone who loses 3/4s of their total wealth at 60 and is still alive a few years later has taken ownership but you never get totally over it.

LoungeLizard · Apr 17, 2024, 06:04 PM

Quote from: Basil on Apr 17, 2024, 05:11 PMWhat's relevant to you is frankly, irrelevant to the market. The level of imputation credits affects a dividend payers' attractiveness in terms of its gross yield. For a dividend type investment that affects the share price. I got a huge 24 cent divvy from HLG that was unimputed a while back, December 2022. Giving a third of that to the Govt wasn't much fun for most people.

Anyway...I give up...I thought these basics were understood by everyone...

I got the same dividend - paid the tax and claimed most of it back at year end. There's the difference in our circumstances right there.

Waltzing · Apr 18, 2024, 05:07 AM

With inflation staying sticky could we be only one winter away from https://www.investopedia.com/terms/g/green-shoots.asp

That line is holding and we did not get to see anything like under 5...

Missiles are flying all over the place round the world and global risk is high and the clock of dooms day is almost at midnight.....

and these stocks are steady..

but remember markets oeprate on https://www.investopedia.com/terms/c/caveatemptor.asp#:~:text=Caveat%20emptor%20is%20a%20Latin,pointed%20questions%20of%20the%20seller.

KW · May 09, 2024, 04:23 PM

Australian retail collapsing. Sector looks cooked, as high interest rates finally impact discretionary spending.

On Thursday shares of retailers fall: Super Retail $SUL -6.6%, Baby Bunting $BBN -21%, Temple & Webster $TPW -11%, Harvey Norman $HVN -4.3%, Premier Investments $PMV -4.1%, Lovisa $LOV -3.3%.

Don't rely on Australia to boost HLG now

winner (n) · May 09, 2024, 04:31 PM

Quote from: KW on May 09, 2024, 04:23 PMAustralian retail collapsing. Sector looks cooked, as high interest rates finally impact discretionary spending.

On Thursday shares of retailers fall: Super Retail $SUL -6.6%, Baby Bunting $BBN -21%, Temple & Webster $TPW -11%, Harvey Norman $HVN -4.3%, Premier Investments $PMV -4.1%, Lovisa $LOV -3.3%.

Don't rely on Australia to boost HLG now

And JBH down more than 4% ..and after a not too bad sales update

KW · May 09, 2024, 06:02 PM

The market is now pricing in interest rate rises not cuts.

Waltzing · May 09, 2024, 10:35 PM

yes the whole NZ market seems to be tanking ... taking a beating ...

its like the articles on Interest.co.nz are having an effect on the countrys' mojo...

Waltzing · May 20, 2024, 11:17 AM

HLG back to being a trading stock at last ... cyclical.

winner (n) · Aug 07, 2024, 06:08 PM

HLg competitor in Oz in big strife

Katies owner Mosaic Brands confirms 'safe harbour' enacted to deal with challenges

https://www.businessnewsaustralia.com/articles/katies-owner-mosaic-brands-confirms--safe-harbour--enacted-to-deal-with-challenges.html

Waltzing · Aug 07, 2024, 06:28 PM

And the RBA keeping rates on hold till when ...

the helicopter money had not effect yet from the government.

Nznoodles · Aug 08, 2024, 12:14 PM

I have owned this company for at least 6 years and they are very good retailers. They have no debt ( the leases show up as a liability on the balance sheet) and continue to make profits, even with a weak Australian and NZ dollar. The only downside I can see (it would be short lived )is they are near the bottom of the NZX 50 and if they fall out there would be short term selling (an opportunity to add for me) as the ETF re-adjusts and sell.

Waltzing · Aug 08, 2024, 12:22 PM

yup ... interesting to see there next update ... much awaited...

NZ companies that are now mostly Aussified are the ones to watch...

winner (n) · Sep 02, 2024, 05:51 PM

HLG due to report later this month

Maybe they'll say how things have this week

Glassons AU sales were up 4% in H2 and stsrt of H2 sounded promising.

Maybe Glassons AU sales will be up close to 10% for full year .... That'll boost profits and as long as NZ hasn't really stuffed up HLG should have a good year