HLG - Hallenstein Glassons Holdings

[Onemootpoint]

Same in Christchurch https://www.google.com.au/maps/place/Hallenstein+Brothers+Christchurch+CBD/@-43.5331079,172.637453,3a,75y,90t/data=!3m8!1e2!3m6!1sAF1QipOxKrQGuTNhpCPvqrqHj10q4x1ZYPTFTEjZjg2v!2e10!3e12!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipOxKrQGuTNhpCPvqrqHj10q4x1ZYPTFTEjZjg2v%3Dw114-h86-k-no!7i4032!8i3024!4m16!1m8!3m7!1s0x6d318a3d19c2fd55:0xf039448ab97fb99e!2sHallenstein+Brothers+Christchurch+CBD!8m2!3d-43.5329743!4d172.6374502!10e5!16s%2Fg%2F1pp2ty74x!3m6!1s0x6d318a3d19c2fd55:0xf039448ab97fb99e!8m2!3d-43.5329743!4d172.6374502!10e5!16s%2Fg%2F1pp2ty74x

Nice URL. Thank goodness for copy and paste 

[Onemootpoint]

Price looking positive today. So far.

Found this interesting:

https://www.theage.com.au/business/companies/retailers-hanging-tough-but-smaller-brands-at-risk-20230424-p5d2v1.html

Retailers hanging tough but smaller brands at risk

Select quotes if I may:

Australia's retailers are broadly tipped to escape the carnage sweeping across the construction sector as affluent consumers keep shopping, but experts warn that smaller brands and retailers selling big-ticket items and apparel could slip into the danger zone.

While consumers have spent big on fashion and apparel in the post-lockdown era, there are signs that spending is flattening in these categories. Clothing and footwear sales jumped by just 0.6 per cent in February, according to Australian Bureau of Statistics figures.

This has prompted caution among analysts about the strength of mid-market brands over the next few months. ASX-listed companies like City Chic, Best & Less and baby goods retailer Baby Bunting have all told investors over the past six months that conditions have been challenging.

[LoungeLizard]

Someone's lit a fuse - SP up to $5.73.

[Basil]

Some old dog exuding quiet confidence in the prospects of NZX50 inclusion next month.
If it happens it's going to be a heck of a lot of fun seeing the index tracking funds scramble to get enough shares. 
I might let some of mine go at $8 if they're lucky

[winner (n)]

HLG got kicked out of NZX50 by PEB in 2014 (I think)  ......how embarrassing

How long were they actually in the NZX50 back then and did it actually help the share price after the initial burst of enthusiasm.

You really keen on this elevation eh ....probably be the kiss of death in the king run ....but as long as you quit your $10 shares it will be worth it.

[Waltzing]

 
10 bucks will come along if this company keep performing like they have been...
 
by THAT TIME A NEW TAX will be here to collect the profits...

[Basil]

Good questions Winner.  I started buying HLG in August 2016 so those things happened before my time.

[Waltzing]

 Retail Trade, Australia
Future releases
Retail Trade, Australia, March 2023Release date 03/05/2023 11:30am AEST

https://www.abs.gov.au/statistics/industry/retail-and-wholesale-trade/retail-trade-australia

waiting...

pretty sure Winner() posted this...

[Basil]

Interim Report has been printed.  http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/HLG/410558/393309.pdf

[BlackPeter]

Interim Report has been printed.  http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/HLG/410558/393309.pdf

Maybe history really repeats?

This feels like the "roaring twenties" ... young people dancing and peacocking as if there is no tomorrow, and HLG definitely found a way to benefit from that.

Mid term though HLG might look to diversify into tailoring uniforms and camouflage ... these have been the great hits in  the 30'íes and fourties of last century.

Anyway - great result, but somewhat subdued outlook ... and the fashion shown is clearly not my cup of tea, but I probably don't belong to their target customer group anymore.

This young girl on the title page looks like she is wondering as well what the future might bring?

Anyway - all kudos to Basil ... quite well articulating for some time HLG's amazing potential and better than me capturing the spirit of the younger generation. Looks like they buy as if there won't be a tomorrow  ; Good on HLG for making money out of that.

[winner (n)]

Maybe history really repeats?

This feels like the "roaring twenties" ... young people dancing and peacocking as if there is no tomorrow, and HLG definitely found a way to benefit from that.

Mid term though HLG might look to diversify into tailoring uniforms and camouflage ... these have been the great hits in  the 30'íes and fourties of last century.

Anyway - great result, but somewhat subdued outlook ... and the fashion shown is clearly not my cup of tea, but I probably don't belong to their target customer group anymore.

This young girl on the title page looks like she is wondering as well what the future might bring?

Anyway - all kudos to Basil ... quite well articulating for some time HLG's amazing potential and better than me capturing the spirit of the younger generation. Looks like they buy as if there won't be a tomorrow  ; Good on HLG for making money out of that.

The young love peacocking etc .....and the silver hairs love travelling they say

HLG share price over 6 bucks now

No stopping the rise ...record profits and all that

[winner (n)]

Index funds assuming HLg into NZX50 and getting in early methinks

[Basil]

Index funds assuming HLg into NZX50 and getting in early methinks

Crickey - Average daily volume according to MS Money is 13.7K and they've already done more than 41,000 shares and the market has been open for only one and a half hours.  Volumes in recent days have consistently been much higher than normal.  Maybe I am not the only one that thinks HLG has its nose in front in race for NZX50 inclusion?  I'm expecting an announcement from S&P in the next few days.

[LoungeLizard]

Index funds assuming HLg into NZX50 and getting in early methinks

Yes, got to be something like that to account for the movement - up 5% just today! With only 60m shares on offer, goodness knows where the SP will go if/when the index funds join the crowd. Great gains already with more to come methinks.

[winner (n)]

Index funds are weird

Losers get kicked off and funds need to sell to crystallise losses (ERoad great example of buying high selling low and even Push was higher price when invited in)

And then when the winners are so good and get invited into the club their share prices are already elevated and often the inevitable happens and most of smaller newbies see their share prices fall away and then get kicked out

So if HLG join the club keep a close on those charts and make sure you capture the gains the indexation gave you.......and then wait until the share price is back iin $3/$4 range and have another go......as Peter says that's how cyclicals work.