....just didn’t want to get too excited .....F19 should be a boomer as well
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So many people were saying we were crazy buying under $3 a couple of years ago and retail was dead LOL
Key for me will be how they're going in Australia. If Glassons keeps growing strongly over there.... with the Aussie market being fives times the size the potential going forward could really surprise. Might see $7 next year. Be good if they hold back some of the dividend this year and invest into new Glassons stores in Aussie and supercharge the growth. Never thought I'd be encouraging a dividend hound type company to hold back on the dividends LOL.
[QUOTE=percy;723781]Least we forget.
Posted 04-07-2015[/QUOTE]
Old data now.
Wise words Percy. It may be old data but history often repeats and we can learn a lot from what might happen in the future from what has gone before. Theres a reason I’m not a holder.
good potential return in the short term but have to watch things too closely for my liking.
Hey I thought you sold when it went below $4.50 back in May? Did you buy back in or were you just tricking? ;)
Anyway I think it's going to be $31m. Over the past five years HLG have historically had slightly greater profits in the second half of the year. Historically when the full year results have come out HLG has traded on a trailing PE of between 11.5 and 15.5, with 13 being about the average. Based on that this is going past $6.
I'm a bit gutted because I had an order in at $4.37 a couple of months back and I only just missed having it filled. There hasn't been many down days since then and now it's $1 more if I want to jump on board. Decisions, decisions.... but I think I'm leaning towards remaining on the sidelines and watching you guys have fun. As you say every day of dilly dallying around costs heaps. It's been that way for months and will probably continue that way for another few months at least. I'll probably be kicking myself in 6-12 months for sitting this one out.
Good luck, I hope you guys get a boomer result! :)