HLG - Hallenstein Glassons Holdings

[winner (n)]

Hallensteins CEO bought 3,500 shares the other day

I'm told it's always a good sign when insiders buy

https://announcements.nzx.com/attachment/466851.pdf

[winner (n)]

Alvaro seemed rather proud of this achievement -

Hallensteins is now featured in GQ Magazine! This is a significant moment for us as we continue to establish our presence in the Australian menswear scene.


https://www.gq.com.au/partner-content/editorial/one-of-new-zealands-most-beloved-menswear-labels-is-coming-across-the-ditch/news-story/55e76a0ef75fe204746732df8e590f09

[winner (n)]

I see that ex CEO Chris Kincaid is now CFO of NZ Rugby

[Basil]

Alvaro seemed rather proud of this achievement -

Hallensteins is now featured in GQ Magazine! This is a significant moment for us as we continue to establish our presence in the Australian menswear scene.


https://www.gq.com.au/partner-content/editorial/one-of-new-zealands-most-beloved-menswear-labels-is-coming-across-the-ditch/news-story/55e76a0ef75fe204746732df8e590f09

Good stuff.  Its easy to forget about the growth potential of Hallensteins in Australia because a lot of attention is focused on the stellar growth Glassons is enjoying there.  Looking forward to dividend payment date this Friday.

[Basil]

Oh goody, dividend payment day tomorrow just in time for the long weekend.

[Pierre]

Good stuff.  Its easy to forget about the growth potential of Hallensteins in Australia because a lot of attention is focused on the stellar growth Glassons is enjoying there.  Looking forward to dividend payment date this Friday.

I'm on holiday in Nelson atm and wandered into the Hallensteins store this afternoon. I was greeted by a friendly young female staff member who, when I took a sweatshirt to the counter to pay, promptly upsold me to buy a 2nd one. She told my wife she loves working at Hallensteins, it's made her a more confident person and benefited her in other aspects of her life. It's no wonder they are doing well if all their staff are as bright and breezy as this young woman.

I'm looking forward to that chunky dividend on Friday. Mine is taking me to New York and Rome later this year.

[Pierre]

The juicy HLG divvie has just arrived in my bank account!

[Basil]

Good stuff Pierre. I'm sure you'll have a fabulous European holiday knowing that HLG are paying for it.

Watching last nights network news I was very pleased to hear that Labour are taking a pragmatic approach and supporting the India free trade agreement.  Great for the economy, (frankly our economy needs all the help it can get), but more on point, some shareholders will recall that the Chairman Warren Bell commented at the last annual meeting that the proposed FTA with India would be very beneficial for HLG. 
https://www.scoop.co.nz/stories/BU2604/S00382/businessnz-congratulates-labour-for-backing-india-deal.htm

[winner (n)]

RWT took a decent chunk out of that divie eh

Suppose somebody has to help the government out so shouldn't complain

[Southern Lad]

With most of the earnings coming from Australia, HLG not in a position to attach full imputation credits to dividends paid, hence the higher RWT deduction than would be the case with a fully imputed dividend.