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14.5¢ hills limited

If you think this is declining just wait for 2016, page-6

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Heathpro

42 Posts.

26/11/15

17:22

Post #: 16486904
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Originally posted by cantankerous ↑

I am in total agreement: one third of employees, one third of distribution outlets, one third of everything the old Hills was.
I decided to look at what products were involved in the agreement with Woolworths mentioned in a recent report and googled Masters Catalogue and searched Hills (products). Mainly clothes lines, a baby alarm, some motion sensors, spray pumps (garden and industrial) and a few garden products such as wall hanging gardens and raised garden beds. No doubt all the products are of good quality, but they didn't excite me as being high volume sellers.
With the just released Woolworths report having Masters still as a loss maker, I wonder how long it will be before Woolworths takes the loss and sells off Masters. What happens then with the agreement to sell Hills products?
Seems to me if Hills keeps shrinking it would not even be worth a bargain basement takeover.
I sold out on Thursday at 44c

Cantankerous James

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Looks like you are correct. Today's presentations says they are going now where.

HIL Price at posting: 36.5¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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