I suppose when you have over a million dollars invested in one company, it's understandable maybe that one might be a bit sensitive to negativity?
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Just noticed the shares broke down through the 100 day MA at $6.05 a week or two back. (Note to self, must keep a closer eye on TA)
Not a good sign.
That's a worry too. Might have to do some ground work and have a good look through the local Hallensteins store and see for myself.
Don't want too Coutts as I like dividends like they pay out but I am starting to wonder if they are sustainable at last year's level ? Supply chain issues ?
Probably less risky than a lot of other retailers because HLG management are quick and nimble and will procure stock elsewhere.
Probably nothing to worry about eh Coutts...please send me some of those happy pills mate.
Just did an inventory on my HLG wardrobe and looks like an even split between China and Bangladesh, I opened one of my wife's wardrobes to have a look but put it in the too hard basket at this stage as I cant be bothered looking through 3 wardrobes absolutely stacked with clothes.
Geez I didn't even mention ARV on this thread and still got told off... I suppose some people can't say anything (no matter how factual and true it is) without promptly being personally attacked.
It seems objectivity goes out the window when things aren't so rosy.
Probably didn't help that you overlooked that the reason the profit declined slightly was purely due to changes to IFRS 16, accounting for leases. This is an accounting change only and profit outlook is not down when you account for this change. Anyway...lets all have a nice cup of calming herbal tea with our lunch and chill out :)
I wouldn't mind at all, I love it when someone (who may or may not agree with me) posts on AFT or ARV etcs threads... especially if it was indeed true so please, do go ahead.
Reality is, my words ring true (and Mr Market agrees - with the share price down over 2% so far today): Not great... profit going backwards and future uncertain
And that is true Beagle, but still not a great result (and outlook) in terms of growth, contrasting to previous years.