Interesting comments !Quote:
The world’s our oyster,” Ward said.
“There’s lots of things on the horizon but for the time being we’re in this wild Covid time, so we're getting through these headwinds we’re currently facing,” she said.
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Interesting comments !Quote:
The world’s our oyster,” Ward said.
“There’s lots of things on the horizon but for the time being we’re in this wild Covid time, so we're getting through these headwinds we’re currently facing,” she said.
I agree, its a huge opportunity currently not priced into the shares. Neither is the very strong growth rate of Glassons in Australia (even during extensive lockdowns) priced into the shares. I also think its the young people that are going to have the confidence to lead this rebound in retail so Glassons are very well positioned.
$7 isn't cheap for HLG but people have to find sound places to put their money and its sure doing no good sitting in the bank losing value at 2.2% per quarter !!
one key audit matter, being:● Inventory valuation
I'm not sure what the issue is with the audit report. It is an unqualified report and the relative size of the inventory balance meant it was considered a key audit matter that got the attention it deserved. From the report: "Given the size of the inventory balance relative to the total assets of the Group and the estimates and judgements described below, the valuation of inventory required significant audit attention and is a key audit matter." Note the provision for obsolescent stock increased from $0.4m to $1.4m. Nothing to see here?
nice looking report..
before everything started to shut down?
aus opening up thought
as Winner says
All Good then.
GALS NZ did ok too.
Better not comment on page 20 in these politically correct times.