Don't you mean 55%
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[QUOTE=clearasmud;902547]Don't you mean 55%[/QUOTE
It is 80%.
Michael Hill 148m shares
Emma Hill 167m shares
Total shares 387m shares
Not much share price movement after the great FY announcement this morning. This is very typical of MHJ. It's like the market doesnt believe the numbers or something. Then over the next week or so the SP starts trending upwards. Be over $1 soon.
"Be over $1 soon."
lets hope so!
MHJ should get a big cheer from the investment community; champagne performance.
wont be surprised to see some of those sold off on a good performance.
no big institutional support means its only retail SHAZ that support it.
ACC dumped some recently.
some picked up by "Spheria Asset Management Pty Ltd"
Notices of performance securities in June.
Hill R Michael Family 148,330,600 38.2% Spheria Asset Management Pty Ltd. 50,814,123 13.1% Regal Funds Management Pty Ltd. 19,370,415 4.99% Mark Hill 19,156,926 4.94% Emma Jane Hill 19,156,926 4.94% Accident Compensation Corp. 18,922,378 4.88% Fidelity Management & Research Co. LLC 5,404,289 1.39% Robert Ian Fyfe 2,693,640 0.69% Vanward Investments Ltd. 2,298,056 0.59% Dimensional Fund Advisors LP 2,226,561 0.57%
Crisis what is your source? Your link goes back to a ST post?
Everywhere I look says Emma/Mark Hill own 167m shares.
The Hills should mop up the rest of the shares for $1.50 and be done with it. It would cost them $116m. $70m cash in the bank. Banks would lend the rest. If it wasnt for the Hills large blocking stake private equity would have raid this company already.
Anyways. Waltzingman says he wouldnt be surprised to see Rob Fyfe sell down some of his holding. Probably deserves to giving he purchased over 1m shares last year around 37 cents. Might need to sell some of his 2 bagger to build a new deck. Fair enough.
Apologies for the wrong link. Insider holding 51.7% and Free float 49.3%
Source: https://www.marketscreener.com/quote...88133/company/
or https://nz.finance.yahoo.com/quote/M...lders?p=MHJ.NZ
Weird. Their report out today says different so I assume market screener (which likely feeds of yahoo) is incorrect? I assume the board members know their own holdings. ASB securities has the same as todays report.
BTW- I have found Yahoo to have wrong data in the past. last example i came across was on dividend data on HLG. It's historical data was incorrect when compared to dividendyield.co.nz website and when checking against annual reports the yahoo data was wrong.
well i am probably very wrong there as this might be the start of the performance curve and the share price is still pretty cheap.
in fact if these numbers stay why wouldnt the share price go past 1.50.
Mark & Emma Hill (aka Mole Hill Limited & Squeakedin Limited) have an interest in Hoglett Hamlett Limited so their total interest in the AR includes that. Total Hill interest is ~50%.
extrapolate the chart out as per Mr D Guppy and you get back over 1.60 in no time and that is taking the base line out without any spikes.
"Daryl is a guru"
he hasnt spoken on this stock but if we look at the 6 month base line since the turn around and do channel as per Carter Braxton Worth what do we get..
1.60 on the base line..
Winner(n) , might like to double check that with superior math skills..
They have an awful lot of stores in Australia which will be shut and now N.Z. as well. Trading right on the 100 day moving average line and the risk looks like a breakdown to me.
WHS is a needs based business, MHJ is not, that's all I will say about it apart from to again wish holders good luck.
Beagle still not a fan even after an exceptional result. One thing he will like is how MHJ keep the wage subsidies they get from Aus/Can/NZ govts. No refunding going on over here, unlike WHS. Management very commercially focused taking every cent they can for shareholders.
On the call yesterday analysts asked if MHJ get any post lockdown revenge spending.. CEO and CFO highlighted Canada who are out of lockdown and posting +24% same store sales for the first seven weeks of FY22. They said they "felt Canada owed them" this sort of sales uplift post lockdowns and were happy to see it come to fruition. Probably fair to say NZ and Aus will experience the same post our lockdowns. Maybe humans do need the sparkly stuff? Retail therapy after tough lockdowns? We earned it I guess.Quote:
WHS is a needs based business, MHJ is not..
certainly hope it breaks down... NZX doesnt have machine learning algo's hitting it hard and only the SHAZ to support non NZX 50 stocks plus a few companies.
Doesnt look like the SHAZ are stupid and the buying is there today.
75-80 range would be a wonderful buying op.
big support line across 70-77.
As ONeil says the bigger the base the bigger the break out.
Looks like profit taking by some from the april update and last years bargain prices.