Includes what Jeff said in briefing
http://www.sharechat.co.nz/article/f...ng-changeshtml
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Includes what Jeff said in briefing
http://www.sharechat.co.nz/article/f...ng-changeshtml
Back to $1.31, market not impressed as some on here with the result.
I think there is going to be an enquiery into the use of brokers in Aus,as there was a royal commission with the banks,and apparently HGH sell their reverse mortgages through brokers,this may be unsettling for them.
The Royal Commission in Australia did indeed condemn many of the incentives brokers received to the detriment of customers, not just in reverse mortgages but in banking full stop. But it also said there was a growing need for reverse mortgage type product in the market. Heartland has done most of their reverse mortgage selling in NZ directly but in Australia I think it is only 30% of the new business. Heartland is about to start a TV campaign and other direct marketing advertising. We are well positioned.
Jeff was on the radio this morning.
RBNZ bank capital moves could be good for Heartland if other banks tighten lending / economy pretty healthy in Nz and he sees no headwinds there / says things generally honky dory
Everything seems to be going up (lending. profits etc etc) except the dividends and share price
Heartland seems to be becoming one of those hope stocks - hope like hell the share price (and divies) go up ......sometime soon
Clearly not:
Quote:
patience: the capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.
I don't see a correlation either - Impatient people will have as much or little hope as patient ones ... they are just less frequent prepared to wait long enough :);Quote:
hope: a feeling of expectation and desire for a particular thing to happen.
Not my type of lyrics ... and no, success is never guaranteed unless there are no risks - and as we we all know - no risk, no gain ;);