HLG - Hallenstein Glassons Holdings

[Waltzing]

this is just the start... check your oil prices.. effects everything including transport ..

if you dont think oil effect market check the herald this morning they are reporting market slumping...

if they cant open the SH then oil is just starting the move up...

retail always gets slammed..

[Playa]

Wow, what just happened here - HLG down 4.65% ?

Low volume

[Greekwatchdog]

Low volume

Its always low volume, just gives you a chance to add if you think this is a short term blimp and don't think its going to impact earnings in a meaningful way going forward.

[LaserEyeKiwi]

Retail panic selling across a bunch of names on the NZX.

[winner (n)]

Share price back over 10 bucks

[Scooter]

What's with the weakness in share price in the last week. Surly Iran couldn't be playing such a huge part with a great profit and divi. I honestly thought it's not going to be under 10 ever again

[Greekwatchdog]

What's with the weakness in share price in the last week. Surly Iran couldn't be playing such a huge part with a great profit and divi. I honestly thought it's not going to be under 10 ever again

Of course it does. Transport costs will effect the business. No ones going to be able to hide from it

In the end if you think this is a short term blimp, then it gives you a chance to add for the long term.

[Basil]

It is unusual that for example Briscoes on a PE of over 17 and a 10 year EPS CAGR of only 2% is holding up a lot better than HLG with its vastly better growth rate and considerably more attractive metrics. Go figure  ?

Agree freight rates are a headwind for an unknown period of time but that affects all retailers and like most other business's, increased costs will have to be passed onto consumers.

[winner (n)]

It is unusual that for example Briscoes on a PE of over 17 and a 10 year EPS CAGR of only 2% is holding up a lot better than HLG with its vastly better growth rate and considerably more attractive metrics. Go figure  ?

Agree freight rates are a headwind for an unknown period of time but that affects all retailers and like most other business's, increased costs will have to be passed onto consumers.

Rod's a hero who punters love. Jeez, did you hear on the radio people like Hosking give Rod a rave

Who's this Tim .... A nobody in comparison eh

[Basil]

Just as well in the long run the market is a weighing machine not a voting machine eh

[winner (n)]

Just as well in the long run the market is a weighing machine not a voting machine eh

Believe that at your peril Basil

Somebody once said this, more meaningful -

Abstract, a valuation floats in the imagination like a memory – perhaps closely resembling real events, perhaps drifting into the realms of fantasy.

Yet its ethereal existence has power. The idea of a valuation can flood the consciousness so completely it's hard to contemplate an alternative.

[Basil]

Others believe the greatest driver of the market is fear and greed.  Fear seems to be in charge at present but there's always sunshine after rain, these things have always been the same.

[Ferg]

...there's always sunshine after rain, these things have always been the same...

...so why worry now?

Did you purposefully quote the lyrics to this song? 

[winner (n)]

jeez - HLG hit 936 but recovering (not so bad as some will take comfort in being on low volumes)

Now 12% down from recent high. Suppose market now behaving like a weighing machine after that short burst of voting

[850man]

I bought a few more, then thought I was catching the proverbial falling knife. HLG is my biggest holding.