So there are 13 glassons in Sydney and 13 in Victoria (out of lockdown). Anyone know are there more in oz and how many in NZ please?
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So there are 13 glassons in Sydney and 13 in Victoria (out of lockdown). Anyone know are there more in oz and how many in NZ please?
They publish an annual report which is accessible on their website. It has all the information you require.
Share price seems to be below the 30MA and 50MA and 100MA
Isn't that time to SELL
But you guys doing a great job in buying and keeping the share price sort of steady
One ;not so good' announcement (even if its not bad) could see share price go into free fall
Baabaa's rounded top and waltzingmans cyclical talk - maybe we should listen
Just covid related (aussie lockdowns) weakness isnt it?
No actual worries with the business itself
I have given up trying to pick the short term direction of SP's. Too stressful for me, I allocate a percentage of my monthly pay to investments so always have fresh cash to add to positions. If the sentiment goes negative and the fundamentals are still the same I can happily top up on any dips.
I understand the Australian Govt have lifted the wage subsidy rate quite nicely for business affected by the NSW lockdown. If this drags on for months, the net effect of it could have a small effect on Glassons Australia net earnings for FY22 (after the wage subsidy credit), however I continue to believe the track record and metrics of HLG make a strong case to hold and accumulate on any untoward weakness.
I don't "buy" the cyclical talk at all.
Lockdowns in Oz & TransTasman bubble suspended - SKC, THL, HLG, AIR, AIA etc get sold down by traders, and bought back up by fundamental investors.
Anything new to the sp action which I have missed?
You are quite right - not cyclical .... I think sawtooth pattern would be a better description of the SP trend.
Attachment 12794
Only worry is - SP at this stage appears to be quite high, but surely history will not repeat itself :) - won't it? :scared:
Did you mean something like this BlackPeter
Wonder what happened in early 2018 when it fell from 635 to 400 ---a whopping 40% - at a time HLG seemed to doing not too bad