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Friday, April 10, 2026

Hallensteins Glassons: My Perenial Favourite

I had to go all the way back to Hallensteins Glassons : A 10 dollar share?, (it's a long time in this blogs readership, does anybody really know what a blog is?) to write an update of sorts now. I will start off with a comment on that blog, written by annonymous:

"AnonymousDecember 11, 2024 at 10:00 AM

Darren, no disrespect to you, but no there is no way can I see Hallesteins Glasson Holdings shares reaching $10 per share within the next 5 years, possibly even longer".

Now, apart from thre fact that it is the only comment there - apart from mine - this blog doesnt get the traffic it once did AND since I moved to facebook. I answered thusly:

Share InvestorDecember 11, 2024 at 10:11 AM

That is ok. It is just my opinion. AND you are entitled to yours. BUT I have followed this company for 25 years and I have a good feeling about this.

And I have bought more shares since then at just under $10 AND just over $9 recently. Well I hate to tell you so annonymous one - your wrong. It breached the $10 mark last year and has an alltime high of over $10.70c.

This goes from strength to strength. Its share price is hard to get a handle on because it's so thinly traded and owned by insiders. One hint of good news (and that is rare for them because its cards are always firmly to the chest) and the share price could continue to climb - its near its all-time high. I have had them for 25 + years and they have been trading on the NZX since the 1940's and been in business for nearly 150 years.

At the moment their share price is at the highest it has ever been. They have no debt (crucial to their plan) they have money in the bank, their quick to change and they operate worldwide.

The company's earnings have seen a notable uptick recently, driven primarily by the Glassons brand's growth in Australia. The Australian market has seen aggressive expansion BUT slowly, driven by new store openings and digital infrastructure. For the half-year ending 1 February 2026, Glassons Australia sales jumped 22.4% to NZ$151.8 million. I remember too when I first wrote about Glassons Australia in March of 2008 I was intially very sceptical AND so were Hallensteins, so they approached Australia with one hand tied behind a Kangaroo's back. Nearly 20 years latter they have finally got it right, in a country with a recession, NZ, and another one with one of its legs tied behind a Joey's back, Australia.

Australia now accounts for the largest portion of the group's revenue, surpassing New Zealand sales.The company recently invested in a larger automated Sydney warehouse to support ongoing growth and e-commerce fulfillment.

A dividend of NZ$0.29 per share was recently announced for April 2026.I have no doubt to recommend them to buy, you should do your own research into HLG before you do, its now around a 6% dividend payment and the fact that they are growing the Glassons share of the business in Australia - this is their woman’s clothing offer.

So I see a valuation $12.50c on this share, so still at around 5% but you can more than often get this little gem for a lot less than its intrinsic value because its so thinly traded. If this bet with Glassons Australia continues I see this getting up past $15 in the near future.

I will hold on to this baby forever!!

*I hold this stock and have held it since 2003-2004.

I now own 50,000 shares

Hallenstein Glasson @ Share Investor

Hallenstein Glasson: A $10 Share?
Hallenstein Glasson: What Do I Do?
Hallenstein Glasson: Sold By Days End?
Share Price Alert: Hallenstein Glasson Holdings Ltd 3
Share Price Alert: Hallenstein Glasson Holdings Ltd 2
Share Price Alert: Hallenstein Glasson Holdings Ltd
Hallenstein Glassons Ltd: Should I stay or should I Go?
Mixed Retail Outlook
Long Term View: Hallenstein Glasson Holdings Ltd
The History Of: Hallenstein Glasson Holdings Ltd
Hallenstein Guidance not indicative of wider retail recovery
Stock of the Week: Hallenstein Glasson
Hallenstein Glasson Australian expansion needs expert execution
Why did you buy that stock? [Hallenstein Glasson]

Discuss HLG @ Share Investor Group

c Share Investor 2026

Wednesday, November 20, 2019

Buy For Yield!!

Thursday, January 17, 2019

Sky City: Buy

Sky City Entertainment is a strong buy at the moment.

Going down to $3.41c last week, its currently trading at $3.61c today.

It may go below the 52 week low of $3.41c it reached last week but if you want to load up on this stock before it sets records in 2020 you better get in now.

Reporting its profit result on the 14th Feb.

Sky City Entertainment Group @ Share Investor

Sky City: Turmoil in Market Brings Bargains

Friday, November 11, 2016

Contact Energy: Buy Now!

c Share Investor 2016

Share Investor

Friday, April 10, 2026

Hallensteins Glassons: My Perenial Favourite

Hallenstein Glasson @ Share Investor

Wednesday, November 20, 2019

Buy For Yield!!

Thursday, January 17, 2019

Sky City: Buy

Friday, November 11, 2016

Contact Energy: Buy Now!

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