What's the div?
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What's the div?
I see they have finally ripped the bandage off the HMY value. Booked at 49 cents per share.
Ironically now HMY will probably be a tailwind for HGH with big revaluation gain over the coming years
I remember posting here that the heartland extend product was not good. It extended loans on depreciating assets potentially over the assets useful life.
In my mind it was kicking the can down the road and now i guess its time to address these 'longer dated loans'
Been a holder since cbs days and topped up when i think it was Kerr selling out.
Still a happy holder.
I particularly like the HGH ambition of $200m NPAT for 2028 :)
Today is the day that yesterday we worried about,and all is well...lol.
I am impressed that they are progressing well with their sound growth strategy.
Pleased to see Challenger Bank has already started accepting retail deposits.
Ok result, solid outlook
- "Recent success of Challenger Bank in the AU deposit market has exceeded Heartland’s expectations"
- "NIM compression expected to be temporary"
- CTI "expected to gradually improve"
Disc - small recent entrant holder
Need Big money to make Big money like that
In just 4 years too .. where will the economy & interest rates go in that time ?
Where's it coming from in high interest volatile times - withholding dividends or robbing another bank ? ;)
Or hand outstretched for further Cap Raises on the back of outgoing dividends having the lid put on them ?
We all know what a trail of Cap Raises regularly flung out does to the SP -- HGH in past have demonstrated
that very very well .. Did someone say but for all the frequent Cap Raises the SP should be north of $5 ? ;)