$Kiwi been doing very well lately. Currency headwind has disappeared which should be very assistive in the medium term going forward.
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$Kiwi been doing very well lately. Currency headwind has disappeared which should be very assistive in the medium term going forward.
Guru wealth manager Mark Lister says NZD firmed 8% v USD over recent times
https://www.nzherald.co.nz/business/...ectid=12298126
Good news for HLG
Jeez ...with strong revenue growth and margins getting better they could be in record profits, esp as Australia gains real traction
Short term I am expecting some impact to Australia retail from the severe bush fires. Beyond the current season the currency will be of assistance at this level, although how much of next seasons stock has already been bought at lower currency level's is an unknown. Full impact of higher currency won't be felt until next year's financials'.
$6 is a hold in my opinion.
Less competition for Glassons in Australia as competitors just can’t hack it these days
https://www.smh.com.au/business/comp...09-p53q2a.html
Aust Retail Sales - Clothing sector sales for November
Clothing up 6.0% from Nov18
That’s some increase for a county that apparently is in the doldrums
Wow - Glassons must be creaming it in Australia
Mosaic Brands share price plunges 16% on back of lowered guidance affected by Aussie bushfires
https://www.asx.com.au/asxpdf/202001...rvdrvjw2zn.pdf
Don’t know if Glassons have many regional stores or just Metro based
Metro based.