Your call and your call only
Quote:
Originally Posted by
Longhaul
OK, not sure whether to post this here or in the SUM thread. I've got a very modest sum to invest in something less speculative than the rest of my portfolio. The two I'm considering are HNZ and SUM but finding it difficult to make a decision. According to posters here, both may be undervalued and by all accounts should hit their strides over the next 2 years. I expect to hold for at least 3 years, and am looking for solid growth and average dividends.
Would really appreciate any insights or advice from more seasoned investors to help me make a decision. Thx
Options:
1) Buy both.
2) If you do not have enough funds for both, sell some speccy stuff and buy both.
3) If not 1) or 2) toss a coin, if you like the answer go with it, if not do the opposite.
Best Wishes
Paper Tiger
Disc: in either or situations I actually do 3) and see how I feel about the 'answer'.
Send the dog to the dog house
Quote:
Originally Posted by
Snoopy
Logical Simla, but I would take issue with your original assumption. I know there has been a lot of talk about HNZ being a niche industry funder to business. However, the actual picture , as laid out in table 40a "Concentrations of Funding" from the FY2013 Annual Report, shows funding split between Finance $258.9m, Households $1.732.1m and listed bonds $106.5m.
So despite the hype, it would seem that Heartland is still largely funding real estate and property, probably a legacy of their PGC and CBS ingredients that went into the pot to make up Heartland.
SNOOPY
I fail to see how anybody can so consistently fail to understand a set of accounts and so consistently post incorrect drivel and fanciful made-up numbers.
We recently had you calculating the levels of Tier 1 & 2 capital for banks instead of just looking it up and your guess being nearly 50% higher than reality.
And now you apparently do not know the difference between lending and borrowing.
Paper Tiger