Australia's largest stock trading and investment forum Australia's #1 stock forum

HRL

0.00%

16.0¢ hrl holdings ltd

Major Buying Opportunity, page-2

First 2 Last

Share
Profile

Follow
gj0201

4,245 Posts.

915

13/07/17

11:29

Post #: 25841127
Share

Originally posted by Budfox ↑

HRL is one of those "zombie" industrial juniors that lacks a profile. I have met Dabelstein and Anderson on numerous occasions and have been a strong supporter and buyer of the stock since 6.5c, and again recently when it got down to this ridiculous level. Why I believe this is an outstanding opportunity,

* Conservative management. Dabelstein can be textbook, but he knows his stuff and is driven to see this company succeed. Always acts with the highest level of professionalism in our dealings.

* Share price weakness due to a large 10c placement to buy two new businesses. A combination of tax loss selling and stop losses as seen an opportunity around 8c.

* Businesses in NZ seeing strong growth, solid clients all with the potential to expand. HRL are heavily involved in compliance and have contributed to NZ legislation on HAZMAT management.

* Octfolio likely to be a solid performer, although a company "keeper" rather than maker.

* Morrison Geotech a family run business with strong contracts. HRL appear to be integrating this business well.

I like this company as a longer-term growth opportunity. Once a consistent flow of improving quarterly cash flows are established, small cap funds will be all over it and blink and you will miss the re-rating.

I hold personally and will continue to buy HRL as funds I don't need tomorrow become available.

Expand

Nice post and I've taken opportunity to hoover up way above my "allowance" at these levels .... seems a gift? Are we missing something?
Interestingly, right now based on the stack if someone wants a piddly $13k holding they will force price above 11c. Always like that "seeming" leverage on a purchase.

HRL Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Talking Australia's very competitive property landscape: Realty Talks

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery