Articles On Michael Hill International (ASX:MHJ)

I think October is going to be a very volatile month for ASX shares. We are racing so fast towards the fiscal cliff that all of us can see it coming now. Specifically, we will see JobSeeker and JobKeeper payments reduced on 1 October . Als...

The Vicinity Centres (ASX: VCX) FY20 annual report released yesterday disclosed a blowout statutory loss of $1.8 billion. The announcement saw the Vicinity Centres share price fall by more than 4%. The major contributor to the loss was pro...

The Michael Hill International Ltd (ASX: MHJ) share price is down by 4.5% at the time of writing. The jeweller has disclosed an estimated $80 million reduction in revenue due to the initial Australia-wide lockdown. Accordingly, the company...

Hold onto your hats – it’s ASX reporting season! For investors, ASX reporting season rolls around twice per year. It’s that time of year when companies report their financial results, announce their dividend payments (or lack thereof) and,...

I have always been fascinated by ASX retail shares. Good retail companies have an energy to them. An energy you can feel when you visit their stores. Moreover, to be successful in retail, it takes a set of skills that are hard to find. Thi...

The August earnings season will be unlike anything we have ever seen in our investing careers. It will be a moment of truth when we’re able to find out what’s been going on behind closed doors over the past four months. We all have an idea...

The S&P/ASX 200 (INDEXASX: XJO) is tipped to open slightly higher this morning according to current data from the Sydney Futures Exchange. Here’s what you need to know as we close out the week. ASX fails to fire The ‘Vaccine’ rally was...

A staggered reopening of stores in May was unable to help Michael Hill (ASX: MHJ) claw back an $81 million decline in sales due to closures in response to COVID-19. The $52 million revenue figure for the fourth quarter represents a 61 per...

My investing strategy allows me to keep a percentage of my shares in higher risk investments. Often, this means looking for ASX small-cap or mid-cap or shares that will compound well over time.  I tend to do a lot of analysis as I do not l...

By Greg Peel Golden Days The ASX200 opened up 70 points on Friday, and sagged through the morning before spiking again in the afternoon to be up 84 with an hour to go. Late selling ahead of the weekend trimmed that gain. The session saw low...

Jewellery retailer Michael Hill (ASX: MHJ) will open nearly 100 of its stores in Australia this weekend with an aim to progressively open the remainder during May. But not all Michael Hill employees will be going back to work; the company...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Covid-19 trading restrictions have taken the shine off jewellery group Michael Hill (ASX: MHJ) with total store revenue down 11.9 per cent in the third quarter of FY20. The results come as the listed retailer cuts board fees and slashes e...

Social distancing and travel restrictions are taking their toll on Australia’s retail sector. With shoppers choosing to stay indoors foot traffic has slowed dramatically as have sales. Fears around the spread of coronavirus have prompted...

Retailers have been at the forefront of coronavirus casualties so far, with many shutting up shop in the face of increasing government restrictions. Landlords, however, are likely to form part of a second wave of casualties as the economic...

Accent Group Ltd (ASX: AX1) share price is down more than 6% at the time of writing, after the retailer announced the closure of all its stores in the face of the coronavirus pandemic. Stores will be closed for 4 weeks from 5pm on Friday 2...

The S&P/ASX 200 Index (ASX: XJO) finished 4.2% higher on Tuesday, could this be the start of a recovery? The ASX was volatile again today. Whilst the ASX did go up, there were still strong movements in both directions: Diverging share...

Earlier today, Michael Hill International Ltd (ASX:MHJ) announced that the company has suspended the operations of its stores in Australia and New Zealand. In afternoon trade, Michael Hill shares are down 20% to trade at 22 cents. Here’s w...

Jewellery retailer Michael Hill (ASX: MHJ) will close all stores in Australia and New Zealand indefinitely as consumer sentiment nosedives. In a statement to the ASX Michael Hill says the current conduct of its business is not in line wit...

Pursuant to public health guidance in Canada jewellery retailer Michael Hill (ASX: MHJ) will shut down its store network for a period of two weeks. The company says it will revisit the decision and either reopen or extend store closures a...

Michael Hill shuts down stores in Canada. Pursuant to public health guidance in Canada jewellery retailer Michael Hill (ASX: MHJ) will shut down its store network for a period of two weeks. The company says it will revisit the decision...

On the third day in a row our markets have fallen over 1 per cent there were few half yearlies that excited investors. But mortgage lender Resimac (ASX:RMC) led the charge. Shares in the company gained another 7 per cent, placing them over...

A boost in e-commerce sales has contributed to some polished results for jewellery retailer Michael Hill (ASX: MHJ) in 1H20. Defying general Australian retail trends, the omnichannel player posted a 19.6 per cent increase to its NPAT, rea...

The Michael Hill International Ltd (ASX: MHJ) share price will be one to watch on Wednesday. This follows the release of the jewellery retailer’s half year results this morning. How did Michael Hill perform in the first half? For the six m...

26 Feb 2020 - Jeweller Michael Hill International (ASX:MHJ) today announced its half year financial results period ending 29 December 2019 showing statutory net profit after tax in…

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.  Here’s a short recap of the Australian market:  S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.67...

Since Michael Hill’s (ASX:MHJ) last quarterly, shareholders awaited the Christmas period with bated breath after the jewellery retailer stressed its importance. Today it revealed that it had seen some Christmas cheer and earlier than the ye...

Sales rose by 3.3 per cent for iconic jeweller Michael Hill International (ASX: MHJ) in the second quarter while new initiatives in e-commerce and synthetic diamonds set the scene for potential future growth opportunities. Online sales st...

The Michael Hill International Ltd (ASX: MHJ) share price will be on watch today after the release of a trading update. What did Michael Hill announce? With a number of retailers going into administration this month, you’d be forgiven for...

The company has 304 jewellery stores globally across Australia, New Zealand and Canada and generated $327.3 million sales for the December half.

Modest growth in retail spending is predicted in 2020, keeping pressure on for retailers after a difficult 2019. As reported in the Australian Financial Review (AFR), the Australian Retailers Association expects spending to rise 2.4% to 2....

The retails landscape looks challenging but there’s a handful of small cap ASX retailers that should be on your shopping list as we head into Christmas, according to Citigroup. The broker reviewed the Black Friday sales event and found tha...

The person you choose to be your partner will have a very large impact on your wealth, so it’s an extremely important choice. Firstly, I’m not saying you need to go find the richest person that will have you. The only gold digging that’s a...

Is retail in as bad shape as economists claim it is? Not if you ask ASX retail small caps. In the last six months, these companies have gained an average 6 per cent — a period that includes the effects of the Morrison governments tax cuts a...

By Greg Peel Optimistic There's no point on dwelling on what transpired on the ASX on Friday as the rally in the ASX200 was all about anticipation of what we subsequently know. Wall Street was optimistic overnight about at least a par...

These six stocks have been among the best performers on ASX, as on 11 October 2019. The benchmark index (Australian) closed higher by 0.9% or 59.7 points. Also, the stocks- CCA, SIL, BUD, KAM, MAG and MHG have recorded a change of 10% or mo...

The S&P/ASX 200 index has followed the lead of U.S. markets and is on course to end the week on a positive note. At the time of writing the benchmark index is up 0.7% to 6,591 points. Four shares climbing more than most today are liste...

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.74% at lunch. The CYBG Plc (ASX: CYB) share price is leading the ASX 200, it’s up almost 10% this morning on positive Brexit developments. **...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Is the Michael Hill International Ltd (ASX: MHJ) share price a buy after its first quarter trading update? Sir Michael Hill founded the jewellery business in 1979 and now has 306 stores globally across Australia, New Zealand and Canada. Its...

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.64% on Thursday. Australian Dollar ($A) (AUDUSD): 67.60US cents Dow Jones (DJI): up 0.57% Oil (WTI): $US53.88 per barrel Gold:...

The Michael Hill International Ltd (ASX: MHJ) share price could be on the move this morning following the release of its first quarter update. How did Michael Hill perform in the first quarter? The jewellery retailer has had a strong start...

Consumer discretionary is the term representative of goods and services which consumers consider as non-essential, but these are desirable if their available income allows them to purchase the same while the decision to buy them is also det...

Baby Bunting (ASX:BBN) was up over 15 per cent in early trade after outlining a 43 per cent jump on NPAT year on year to $12.4 million on the back of a 21 per cent jump in profit. Releasing its annual results to the market today, it said an...

16 Aug 2019 - Michael Hill International (ASX:MHJ) has announced its financial results for the full year to 30 June 2019 showing underlying EBIT for the period was down 13.7 per ce…

A transitional period and challenging market conditions have taken the sparkle out of Michael Hill's (ASX: MHJ) FY19. Group operating revenues were down slightly to $569.5 million while underlying earnings also dropped 13.7 per cent to $3...

The Michael Hill International Ltd (ASX: MHJ) share price could be on the move on Friday following the release of the jewellery retailer’s full year results this morning. How did Michael Hill perform in FY 2019? For the 12 months ended Jun...

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of eight major Australian and international stock brokers: Citi, Credit Suisse, Deutsche Bank, Macquarie, Morgan Stanley, Morgans, Ord Minnett and...

This week only six directors traded $100,000 or more. So we’ve also recapped some big directors’ trades from earlier this year seeing if they paid off – including that millennial director who spent $100,000 on his company rather than a hous...

A large number of broker notes have hit the wires this week, leading to many popular shares being declared buys and sells. Three shares that are in favour with brokers and have been given a buy rating are listed below. Here’s why they are...