Hear ye Hear ye!
Last Day Again!!!!
Based on the last 3 year they are late with the market update news release...
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Hear ye Hear ye!
Last Day Again!!!!
Based on the last 3 year they are late with the market update news release...
No update today - maybe leaving to ASM day
If the update is not up to market expectations and the share price collapses at least the dividend will soften the blow a bit
Winner(n) , shocking post!!! :D Mr B wont be happy, ive noticed there are some on this public forum who take it very seriously..
Ill no doubt get another red one from Mc Duff or someone... :D
The great charm of this stock if its price swings.
I was thinking the same.....good yield. You have until 5pm to get your full, for 24c div. I am going to predict the trading update will come out on or after 7/12/20 and it will be good. The sp will go up 50c on good news and then settle down again. If I am wrong, then will have to go back to Viaduct basin and down another doz. oysters:t_up:
well we are hoping but im not confident. retail sales being what it is and we have a Bob each way and still invested in retail.
Though we have moved to offshore travel..
I have to whatch what i post here else we get lots of red ones!!!
Actual we love red ones!!!!
https://www.amstel.com
cant wait to have a local one to 2 when we return in 2022.
I can see why you like the 'swings' in HLG share price - they are becoming more frequent and the amplitude is increasing
Regular gains of 107%. 70%, 134%, 163% and 157% in reasonable short time frames are pretty inviting eh.
You just might get another go one day soon.
NZSA sort of hinting HLG should repay wage subsidies or not pay recent dividends?
They say that “Directors are obligated to act in the best interests of the company.” and the wage subsidy provided short-term financial stability.
But then they make the comment “For a consumer-focused company like Hallenstein Glassons, reputation risk may also be a longer-term ‘best interests’ consideration for the Board. In that context, we note the company paid an interim dividend of 15 cents per share in September 2020 and will pay a final dividend of 24 cents per share in December 2020 (totalling $26 million for both payments).
Hmm
the transcript isnt up yet, but I recall Prime Minister Ardern getting asked about wage subsidy paybacks at a press conference last week (early this week?) and she said it was intended to primarily be to save jobs, and that is exactly what it did.
Their is a large and obvious moral hazard in forcing/shaming companies to pay back the subsidy, as you can sure as hell guarantee that in the event of another lockdown companies will be far more likely to immediately make people redundant (instead of keeping them employed) if a precedent is set that any help the government provided to keep employees on the books is retroactively asked to be repaid at a later time.