Showing posts with label HLG. Show all posts
Showing posts with label HLG. Show all posts

Friday, April 10, 2026

Hallenstein Glasson: My Perennial 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:  


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




Posted by Share Investor at 1:16 AM 0 comments

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Wednesday, December 11, 2024

Hallensteins Glassons : A 10 dollar share?

 
Hallensteins Glasson is about to spike, in my opinion or should I say deserves to ascend.

It is a company I know well. A company I have been in and out of as the fortunes of it seem to have always followed the economy. Up and down.

The brilliant thing as of late - the last 10 years and especially the last 2 have been really quite good for this retailer. Increasing profits and sales $34.5 m and $435m respectively.

It has a 10% + increase in sales to date.

It has no debt - that's important because it allows them to be nimble and change fast should they need to. AND they have.

It has expanded into Australia to the point it is now bigger than its home base. Importantly it has kept an eye on the margin and safe to say what has been the harbinger of doom for many Ozzy retailer has not hampered the growth of Glasson's in Australia - most of the growth comes from this area.

It has been around since the late 1870's and is not about to go away.

I have had the current crop of shares since 2015 and they have done me well. At current prices it gives about a 7% return.

This is based on yesterdays share price of $7.49c.

Obviously it is up to you to do some research BUT there's growth to come and I see the share price start to reflect that.

It is thinly traded - meaning there are significant rises and falls of this stock based on a lot of things.

Now go to it!!






Posted by Share Investor at 6:49 AM 2 comments

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Friday, February 18, 2022

Hallenstein Glasson: To buy or not to buy that is the question?


Images from Hallenstein Glasson.

I'm not going to tell you to buy or sell Hallensteins Glasson (HLG) shares cause that's not what I'm about. I'm merely going to tell you why the market has got it wrong yesterday - it sold HLG shares down 28c on VOL of $788,000. Quite significant for this share because it usually only trades about $100,000 shares on a good day. What I'm going to do in the light of results coming out yesterday is give you a case for and against. Remember I have been following this share for 20 years and I have traded in and out of this puppy quite successfully and currently hold 30000 which currently "owe me" about $NZ 7000. The next reporting date on March 25 they will owe me nothing. I will in effect own them for nix.

Anyway back to results out yesterday. Even without HLG being mucked around with by both the New Zealand and the Australian Govts last year and this year trading under extreme circumstances we have seen sales only impacted by 6.2% down. That’s pretty special and put that down to the fast increasing online sales which comprise a third of companies sales. This is special because HLG has only really been a significant sales driver in the last 2 or 3 years where online sales have increased from 10% to the 33% it is today.

This is only impacted more by increased operating costs - logistics and the like - due to the current refusal of the govts - on other side of the Tasman - to recognize the science of this “sniffle” that we have been going thru.

But this to shall pass - if you are a trucker you have my support. Literally.

Let me go back to my and Hallensteins history a bit. I have been following this stock for 20 years and have researched it well.

It has always been a cyclical stock. I have picked it up anywhere between $2 bucks and $5.80c. Heaps of people have owned it. Australians got in a few years ago and bought up large and then exited - they lost money on it. 

A few years ago the company got the Glasson's part of the relationship right and since then - apart from March 2020 - it has been trading over 6 bucks and $7.00 at one stage. The company looks like they continue to get Glasson's right and they have grown sales substantially - almost double what it was. Previously it had been traded between $2 and about $4

You have got to understand this company and it’s shares and how they trade perhaps more than any other listed share on the NZX. Because they are tightly held. AND usually thinly traded. One person owns about 20% of this stock and many others who have been shareholders in this company have held stock “forever” because they realize and value for during its many ups and downs.


I will dip my toes back in when/if the share has a 5 in front of it. That is possible. The market doesn't know how to value this stock and that's fine by me!! Its much more interested in the "larger cap" stocks. Obviously this stock can be bought in a large range of prices depending on the day and the frequency of trades. Especially right now where there's "uncertainty" whipped up by misunderstood "journalists".

It doesn’t carry any debt. Never has and has been a good payer of Divs since it listed back in 1947. It has operated over 3 centuries and has negotiated many many changes. I think it has the change right so to speak.

Better on the down low - where Hallensteins comes from - it is conservative with a capital C. Conservative in its management of the company, conservative in what it has to say to the market. In every aspect of the business. Conservative. I LOVE that.  

May you come to your own conclusion on this company.

Happy trading/investing

DYOR.







c Share Investor 2022



Posted by Share Investor at 4:53 AM 3 comments

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Saturday, March 27, 2021

Share Investor's 2021 Stock Picks ;)


Normally i clear my mind and focus on next year.

This year, like 2020, i choose to go another way.

It has kind of run its course and ill tell you why if you be so kind to listen.

What is a stock pick but really an advert for yourself to pick whatever you want based on various methods.

I don't want to do that anymore, I see it as not helpful at all.

I would rather you pick the stock based on what you have learnt either through me or some other means - your "own" stock picks if you like.

I realize during this #covid19 period, it will be tricky to pick good long term winners.

BUT perhaps you can do the picking for once and i will listen - as i always do - intently.

I also got 6 of my 7 "might haves" right. The NZ dollar WILL weaken at some stage.

How will all my stocks do?

Well they did well this year. Pilling on about 30%. 

But don't get me wrong next year is a little bit more harder to predict - so i wont.

Except to say they are basically all over priced, due to there being little else for investors to pick over they are picking over what is already there for income.

But that's what you expect to see during this truly horrid period of Govt largesse. 

Next year we will see more of the same but a different year - 2021.


Addendum: I have to add 2 stocks to my portfolio. 2 stocks I have not owned before. Spark and Scales. Spark because they have that 5g thing which probably will take off this year and while you wait you will get paid over 5% pa. 

Scales because they have the package. Conservatively run www.scalescorporation.co.nz and on sale at the moment. AND there's rumours of Scales being the front runner for Villa Maria wines.



Love as always to Sophia & Jacks  ðŸ’“



Join up at Share Investor


Posted by Share Investor at 12:45 PM 0 comments

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Friday, September 25, 2020

Why Hallensteins has the Advantage over Everyone Else



Hallensteins Glassons - HLG.

You know it's a well run company - I'd say the best company of its type anywhere in Australasia.

It does not have any debt and has cash in the bank. Whatever challenge it faced up to in its over 140 years of existence it has overcome that. Covid 19 will be no different.

In the area it operates in one thing is clear. The weaker competition is falling - including the recent influx of overseas brands.

Once a couple of these have got the tail between their legs and scuppered, from this part of the world or entirely - they all hold far too much debt. Hallensteins will be there to mop up the peices AND have far less competition!!

So Hallensteins will be planning right now to change, just how much change is up to conjecture but they will probably change anyway. Their online store is just one feature. The only change down at Hallensteins HQ will the fact that Covid 19 is just another one of those changes of a long list they been through before. 

One thing I constantly am appalled about and that is the comparions made between the economic fallout  from Covid 19 and the Great Depression.  It is by no means as serious as the Great Depression and is not likely to be unless something goes horribly wrong - that whole Great Depression/Recession thing annoys me. We have got a long way to go before we stoop to the depths of depravity those poor souls had to suffer - So Hallensteins passed the Great Depression.

Hallensteins will come out of this - Covid19 - in the same way. The way they have come out of the rest of the calamities than have befallen them. With a new approach to doing business.

For without that new approach combined with the old fashioned attitude towards debt Hallensteins Glassons Group would be yesterdays toast.




Now im no expert at share prices. I just know a great company when i see one. This little puppy plumbed the depths of about $1.80c just a couple of weeks ago. Right now its up on hope - its doubled in price to about $3.60c - hope that things will get started again - soon.

You could buy today or take your chances and buy on the bad news. Because there is more bad news - none moreso than any other stock on the nzx.com - to come with this stock.

DYOR.

  

Hallenstein Glasson @ Share Investor


Hallenstein Glasson: Buy
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 2020

Posted by Share Investor at 7:11 PM 0 comments

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Tuesday, December 17, 2019

Share Investor's 2020 Stock Picks ;)



We have cut back on expense for next years "pick".

Welcome back to the stock picking monkey for 2020's.

 This years picking is a little diff in that there will be no stock picks.

 It has kind of run its course and ill tell you why if you be so kind to listen.

 What is a stock pick but really an advert for yourself to pick whatever you want based on various methods.

 I don't want to do that anymore, I see it as not helpful at all.

 I would rather you pick the stock based on what you have learnt either through me or some other means.

 The following para is an addendum. 

 Except perhaps one stock - ill let you do the research - which I see as highly undervalued and that is where perhaps stock pickers come into their own picking undervalued stocks. I am going to pick one. Sky City Entertainment. It is ripe for the picking. Anything that you can buy at less than $4 is a steal. Hope I picked well Cameron Boyd ;0

 So let me finish this year by thanking everyone for joining up at Share Investor and Ill finish on about what might happen next year. 

 I see President Trump playing a big part in many portfolios - surprise, surprise.

 I see the NZ dollar weaken.

 I see bull markets to continue based on what we know so far and other indicators that are too numerous to mention.

 I see interest rates drift lower (see above)

 I see oil start to rise.

 Gold the same.

 Property in Auckland - rise. (Any monkey can pick that!)
Love as always to Sophia & Jacks  ðŸ’“



Share Investor's Annual Stock Picks





c Share Investor  2019

Posted by Share Investor at 11:07 PM 2 comments

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Monday, April 15, 2019

Hallenstein Glasson Holdings: Winter Surprise?




Hallenstein Glasson last recommended here in Jan has taken the 20 net div off and retreated somewhat in its share price.

 I cant work out what this share is going to do in terms of share price except to say ill give you some of my feelings on the matter if you were going to buy this company right now.

 The all important US/kiwi cross is about the same, inventory is crisp and buying is on key.

 What is not apparent, yet, is what the consumer is going to do, and how that will develop along with winter temps.

 Hallensteins has been hurt before by mild winters, so what is needed by the group to get the ultimate shot is a good winter all over the country AND it has happened before.

 So as far as the winter is going, well it is starting to look good. It is getting cooler than usual for this time of year - in Albany.

 Where does that leave the share prince for an opening?

 Well I am picking weakness - not unusual for this time of year - so a pull back to the early $4.20's wouldn't be a surprise and if there's anything unusual going on, HLG management will bluntly let us know, they always do.

 Either way don't forget that this is the number 1 payer of divs on the NZX. Currently paying over 9 % pa net.

 AND its showing a lot more buying interest over the last year - a lot.

 Trade/Invest wisely.



Hallenstein Glasson @ Share Investor
Hallenstein Glasson: Buy
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 2019





Posted by Share Investor at 7:51 AM 0 comments

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Thursday, January 10, 2019

Hallenstein Glasson: Buy




Well I've come from my holidays with an overwhelming sense of wanting to spend some money on something.

 Primarily because its been a rather good Christmas and things are looking up for the New Year.

 What am I looking at?  

 Hallenstein Glasson.

 Its currently trading at $4.20c but was trading at $6.30c in Sept of last year.

 Currently its is trading on a healthy 10% + yield and is currently got a P.E. Ratio of 9.15%.

 The company also has no debt and millions in the bank.

 As far as the market is concerned nothing has changed... the market thinks it has changed though.

 What has changed? 

 Well the market has gotten nervous over Trump.

 Nothing to see here.

 The US/NZ $ has changed? 

 Not really, they have fixed their currencies for some time. That will probably happen towards the end of the year.

 The only change have been indications that sales could be down.

 Nothing from the heads of Hallenstein Glasson until latter on this month or next (nobody knows).

 So if you've got a spare few shekels left after Christmas you could be in for a bright spot latter on this month or next if you plunk them down now.

 You could get this one for under 4 bucks.

 DYOR.
Hallenstein Glasson @ Share Investor

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 2019





Posted by Share Investor at 3:14 PM 2 comments

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Tuesday, August 21, 2018

Hallenstein Glasson: What Do I Do?




Hallenstein Glasson Holdings Ltd is a stock I haven't looked at here since Jan 23 2017.

 In case your wondering I now operate from here.

 I have owned this particular stock this time for 7 years.

 I write this particular column this time because of the recent rise in share price from just under 4 bucks at the beginning of the year to finish yesterday at $6.03.

 People like me have loved this stock for years. It is well run by a bunch of penny pincers and has no debt.

 As of writing its still paying a net 6.23 % div, which is the MOST on the New Zealand market.

 It looks like it is finally making head way and they have got all their ducks in a row.

 Online they are doing exceptionally well and Glassons and Hallensteins, their two brands have not really done any better.

 They have in fact got a mate who is buying up Hallensteins shares 1a for the past 3 weeks and he now owns - buy my calculations - around 10% of outstanding shares. 

 Which makes him the 2nd largest shareholder after Tim Glasson.

 I own this stock because it pays me well over a 20% pa return and I have no problem keeping it.

 You would have to give me somewhere north of $7 bucks to get rid of it.

 You would own it first for its still good return and for the fact that some other chap about 2000 miles from here is interested too.

 DYOR. 



 Hallenstein Glasson @ Share Investor


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 2018






Posted by Share Investor at 4:13 PM 0 comments

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