HLG - Hallenstein Glassons Holdings

[BlackPeter]

At what point does a company get a speeding ticket from the regulator?  Just curious....

Speeding tickets come with large SP movements without an obvious reason (I .e. potential insider trading).

However - HLG did just report, and it would not be unreasonable for the average investor to see the results as positive, wouldn't it?

No cause for a speeding ticket.

[winner (n)]

Speeding tickets come with large SP movements without an obvious reason (I .e. potential insider trading).

However - HLG did just report, and it would not be unreasonable for the average investor to see the results as positive, wouldn't it?

No cause for a speeding ticket.

Doubt whether the report published the other day had much to do with the share price rocketing up

After all it was just the glossy version of what was published a month ago.

All to do with speculation of NXZ50 inclusion ...but wouldn't it be funny if some body like Solomon Lew tossed in a $8 takeover bid

[Basil]

Tim Glasson probably tell them to go away and get real.  First offer needs to start at $10 or don't waste my time.
I know at least one of the other 37 shareholders in the very fortunate position of having 100,000+ shares, would say the same.

[Waltzing]

unless the bottom of the AUSSI economy falls out its a long term hold ... AI just helps them reduce ADMIN but really selling expenses are the big one and they seem to havc that under control ATM.

They dont seem to have a problem in the back office unlike WHATS ITS name....

 

[Basil]

unless the bottom of the AUSSI economy falls out its a long term hold ... AI just helps them reduce ADMIN but really selling expenses are the big one and they seem to havc that under control ATM.

They dont seem to have a problem in the back office unlike WHATS ITS name....

Agreed.
WHATS ITS name....  I'll play.  Too easy. Not WHS by any chance 

[BlackPeter]

Doubt whether the report published the other day had much to do with the share price rocketing up

After all it was just the glossy version of what was published a month ago.

All to do with speculation of NXZ50 inclusion ...but wouldn't it be funny if some body like Solomon Lew tossed in a $8 takeover bid

Interesting point ... and yes, you are right, most data have been available since mid April or so.

But then, I often wonder why the NZ markets are often so slow to react. I know some investors who wait for the printed report to arrive, I know more investors who first wait for the broker recommendation ... and don't forget - if you first have to find (or free up) the funds before you can invest them into the nextbigthing, it takes at least some more days as well.

These things are particularly true for a company like HLG with basically just a handful of big shareholders from the family and the rest retail investors.

I think the price rise is related to the recent results, but sure - the NXZ50 speculation will help. Given the liquidity of the stock any rumour will move the SP.

Interesting is that NZX50 entries and exits are normally SP-wise (but a days worth of SP-ripples) non-events, but sure - fun for traders.

[Waltzing]

"Not WHS by any chance"

T7 staff were fabulous this summer and deserve a better managed company.

HJG vars % tells the story and running fashion retail must be a challenging business to be in.

If this drop below 6 dollars one would have to consider some serious buying..

Of course some are well ahead of the hunt here...

https://www.youtube.com/watch?v=FiK5VeAboOI

and for those of you with some irish DNA... this is the real thing.

https://www.youtube.com/watch?v=HpOpefBhGaQ

[winner (n)]

Can you can get speeding tickets on falling share price?

[Ferg]

Can you can get speeding tickets on falling share price?

Or is that a ticket for going too slow?

[Waltzing]

scrapped .... binned ... just when you though there was no chance ....

how long has this company been performing?  why now?

[Basil]

Very good news, just announced.  https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20230503-1463800/1463800_20230503-nzx-pph.pdf  HLG to replace PPH in the NZX50 index

[Whome]

Very good news, just announced.  https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20230503-1463800/1463800_20230503-nzx-pph.pdf  HLG to replace PPH in the NZX50 index

Yea, great news.

[winner (n)]

ABS Retail sales for March month out

Clothing (including footwear and accessories) March month sales UP 4% on last year

Overall retail a bit subdued in March but clothing seems to be OK ...even if it is $s with volunevprobably down ....but then it's cash that goes into the bank eh.

[Onemootpoint]

Very good news, just announced.  https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20230503-1463800/1463800_20230503-nzx-pph.pdf  HLG to replace PPH in the NZX50 index

That didn't take long. Good news.

Does it mean my modest baggie of shares will sell for $10 tomorrow? 

[LoungeLizard]

Should be a fun day tomorrow. $7 anyone?