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


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Discuss HLG @ Share Investor Group 


c Share Investor 2020

Flying Close to the Sun

Im just sitting here at the moment pondering. I am sitting here on a beautiful Autumn day - 21 degrees - and Edinburgh is pretty much doing what it has been doing for the last 100 years. Going to work, largely. 

I guess you are sitting down at your computer and wondering when this #covid19 bullshit is going to stop.We must go "back to work" and that means most of the restrictions that we face in most parts of the globe - except Sweden where they have got it right - must be rescinded.

We have got companies and individuals that have been hurt fatally and many others that are right on the edge. 

Which brings me to the point of this post. Flying.

I have been on this route - from Hastings to Edinburgh for a couple of years with of little consequence except of course the length of the flight and i look up into the sky now whenever a plane fly's by because they are so few these days, to see where the plane is domiciled.

I was just watching CNBC and they had a full list of the Airline companies that have borrowed money and boy have they all collectively borrowed 10's of billions of green backs - remember this is CNBC. BUT taking a sweep over the lot of them - Delta American Airlines etc  looking at their market caps they are down around half of what they were trading at before this thing began back in Feb. HALF.

BUT trading has not returned to anything like half the biz they were once doing.

True they are doing much better than #airnewzealand and #Qantas is doing right now because in the US they rely far more on domestic than they do international for numbers of people through the door.

BUT i still remain highly skeptical about the Airline market as an investment. We all know of the impact our Govts have had on the market. This at the moment is a current thing. Things have not changed highly for the last 6 months. Yet these Airline companies are still "worth" billions - they are not.

The Airline market wasn't a money maker before 2020 and after that date things are looking very dicey - as a plane from Qatar fly's overhead, must be the only plane that i have heard today VS #precovid19 they were flying all the time - and the longer the knukkle draggers in parliament/s all across the world waggle their finger at us the dicier it does get.

But look at the market caps people, i wouldn't even get on the plane. I would be off at the internet booking and putting my money elsewhere.

May I suggest you are a masochistic if you don't.

AIR @ Share Investor

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Share Investor Group

c Shareinvestor 2020

 

Sky City: Covid-19 The Aftermath

I have been a holder of Sky City shares for 20 years. 

In that time I have seen the company expand and grow with profit and revenue steadily increasing but not to the extent it did in the early noughties.

In the same time there were a lot of red hearings in terms of investments; The cinema, Darwin and a whole host of other failed experiments - some of them big some of them not so big.

I believe currently they have the mix about right. With their two sites in Adelaide and Auckland and a commercial - currently - online business.

HOWEVER, they have this #covid19 business to deal with also.

I believe that once again this remains on track and that all business will come back to #precovid19 levels. When is another question. We wont cover that here because there are far too many variables AND it will take a long time. 2 plus years.

In the mean time I believe that management are talking about a "much smaller" localized versions on both sides of the Tasman. That is, largely free from the tourist trade at the beginning. That means down on the tourist sector dollar from their hotels to their hospitality. 

But this means targeting a "new" punter, the local. 

AND that's easy. You just give the local punter enough incentive to get out there and spend. AND they will. Even with the coming recession. 

Their coming announcement out yest for the 2020 profit has been delayed approx 1 month and will be announced at the beginning of Sept. 

In it expect the usual #covid19 response that other companies will announce but in it also will be the nuggets of truth around what direction SKC will take us over the next few years of rebuilding. 

Just as an addendum: I believe you - businesses - have to treat #covid19 as another business. With all its competitive natures currently to the fore. Only then will you begin to spud off new shoots and grow again. 

Sky City Entertainment Group @ Share Investor

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Discuss SKC @ Share Investor Forum

c Share Investor 2020

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  💓

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c Share Investor  2019