HLG - Hallenstein Glassons Holdings

[Waltzing]

Anyone who loaded up back at  4 something is well within there rights to sell ALL or part it at the increase in VOL...

In fact if you LOADED up in this tradionally low VOL stock and did not take advantage of the increase VOL your crazy...
 
This is a market not a court room.

[Waltzing]

Traditionally this stock can only handle a low VOL load...

Trading bundling from about 3000 to 10000

With good news about 30000 to 50000

If you loaded above that you wont be able to move them without discounting them.

Looks like a good trade for a while.

[KW]

Anyone who loaded up back at  4 something is well within there rights to sell ALL or part it at the increase in VOL...

In fact if you LOADED up in this tradionally low VOL stock and did not take advantage of the increase VOL your crazy...
 
This is a market not a court room.

Another excellent point.  If you were wanting to resize your portfolio you need to seize liquidity events such as this to get a clean exit.  Otherwise, the low liquidity in NZX stocks forces a wide spread, and any large investor looking to move a block of stock is forced to take a hit on price.  I avoid illiquid stocks on the ASX for the same reason, while you can get in slowly, its impossible to get out fast, they become "lobster traps".

[Waltzing]

If the INSTOS if that  who was buying paid over 6.50 there were some big off market trades , correct me if not so things are busy in the world AT THE MO..

They are stuck wth those  positions and are now in the RED...

Those who read posts here about yield and possible inclusions of the index could take that inforamtion and trade on it if they wished..
 
Those IINSTOS are now stuffed but you were all smarter and are not in the RED like they are...

Well done to you retaill investors and Investors here who run private companies registered as professionals.

[Waltzing]

The 602 day rolling average looks to be about... maybe exactly 6.31

the chart looks like a possible 5.20 coming up if numbers are flat on the next update and 4.80 if retracement of EBIT 'S ....

S = and sundry...

Those cost variance models need to be put into interactive code later... got it covered... then put the retailers through the models...

we got a big model coming for the on market daily pricing...

then i suppose you all want the app free of charge on line for you all  to play with...

well not sure we have the time for that but you never know..

[winner (n)]

RetailWatch report clothing/footwear sales in NZ for May down 7.6% on last year

HLG NZ sales tend to track this data quite well

[Waltzing]

Winner() please no data till 2025.... and then only AUS data...

Its a trade...

[KW]

Heads up, the charts of prime retailers in Australia are looking really sick.  The lovely uptrends they had been in are now well and truly broken.  Clearly the market has suddenly decided that an Australian recession is on the cards after all. 

[Ferg]

Those cost variance models need to be put into interactive code later... got it covered... then put the retailers through the models...

we got a big model coming for the on market daily pricing...

then i suppose you all want the app free of charge on line for you all  to play with...

Do tell Waltzing.  I am curious to hear more about this.  Is this your own project?  What language / platform?  And are you also working on a system to directly import and interpret pdf versions of annual & HY accounts?

[Waltzing]

Moved to Off Topic Subject :

General News.

Technology and Financial Reporting.

[Basil]

Won't hear anything from HLG until August when they will tell us what full year sales and profit have been been .... and the share price is just in a holding pattern at the moment

When they say sales have continued to be pretty strong and profit is about $40m I reckon the share price will head over $7

Come end of September when they confirm that guidance and say the start of the F24 year has been ahead of pcp and announce a 28 cent final divie the share price might even get to $8 in October/November .... and still be relatively cheap

That's how I see things playing out

Sssshhh Winner, let all the naysayers think sales are going to fall off a cliff....maybe it will get back down to $5.10 again, (hang on a minute wasn't this supposed to have done a perfect bell curve after index inclusion and be back there already according to some armchair "expert" critics?), and we can back the truck up even more before they wake up and smell the coffee 
Anyway...its still up more than 10% since index inclusion which is about average in my experience so all those who predicted an almost immediate return to pre index inclusion pricing have been proven wrong so far.  Early days though so we'll see...

[Waltzing]

Oh yes please... that would be wonderful!!!

[Buzz]

Sssshhh Winner, let all the naysayers think sales are going to fall off a cliff....maybe it will get back down to $5.10 again, (hang on a minute wasn't this supposed to have done a perfect bell curve after index inclusion and be back there already according to some armchair "expert" critics?), and we can back the truck up even more before they wake up and smell the coffee 
Anyway...its still up more than 10% since index inclusion which is about average in my experience so all those who predicted an almost immediate return to pre index inclusion pricing have been proven wrong so far.  Early days though so we'll see...

You and I are at a similar age and point in our lives with investing, on the low glide to retirement and fortunate enough to be looking at acquiring a long term income portfolio.

Can you help me understand why you're so interested in the share price - after having made the decision to purchase a balanced portfolio percentage and settled in to enjoy long term (hopefully) income? I'm only interested in the SP where I'm still taking the DRP. Maybe I've missed the point?

Does it mean that despite your ambitions for long term income and keen nose for buying at low SP's, would you perhaps assess whether a holding had achieved a capital growth exceeding an 'x' number of years of earnings, and sell to take the money now rather than wait for it?

I'd be afraid that could be construed as trade and incur capital gains tax, and I'm uncomfortable about the buy-sell brokerage fees impact as well.

Interested in your thoughts transitioning from a momentum investor to a long term income investor, especially with these high income and high SP volatility company's. We're in a similar place.

[Basil]

Would like more if it gets back, close to $5.  Hindsight a beautiful thing.  Was very cheap there.

[Waltzing]

The stock suffered from a rare as yet undiagnosed form of Schadenfreude.

It keeps selling off like a scared alley cat chasing its own shadow and the market cant make it mind up on the SP and therefore just when you think it going up retail cyclical  Schadenfreude turns up and the markets runs away.

MR B probably thinks the stock is worth far more than the P/E it has but the market does not and therefore one says we want to hold be lets sell anyway and take the profits before the market does the Schadenfreude two step.