Percy I would just like to acknowledge you as one of the "other posters" I refer to in my post 1243 on the RYM thread. So after a good night of celebration with my daughters, we say thank you :t_up:
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Percy I would just like to acknowledge you as one of the "other posters" I refer to in my post 1243 on the RYM thread. So after a good night of celebration with my daughters, we say thank you :t_up:
Thank you Iceman.
I really enjoyed ready your post on Ryman thread.Like you I have learnt so much from Sauce and Sparky The Clown.I have also learnt from your excellent posts.
I think the advice Sparky gave you about the bach is good,and his concern about the values of shares at present,means we all should be very careful what if anything we buy.
So keeping a good amount of cash seems the prudent thing to do.
Well Sparky we have had a movement.!!!! Moved from "well positioned" to "poised".
Thank you Macquaries Christchurch for putting on the Heartland presentation.
The presentation was given by Craig Stephen HNZ's CFO.Jeff Greenslade did not attend because of a family bereavement.
Heartland are finding their niche in New Zealand productive sector,small businesses,rural sector and households.Staying away from mortgage wars,yet working in with other banks.ie a bank finds they have too much exposure to a rural customer HNZ will take over the livestock loan,working with Kiwi bank on mortgages .
Will open more branches,Timaru,Invercargil,Central Christchurch and looking for a stronger presence in Auckland.Sorry Mouse not Sydenham at this stage.
As Sparky has pointed out they are looking at growing more profitable lending,rather than growing their lending book.More than enough Capital.In fact too much capital,so I take it we may see a share buy back or a capital return.I enjoyed the presentation.Questions I had were answered in the presentation.
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The non-core property; We can expect an announcement by the end of the month.A sale offcourse would free up capital.
Do not think there are to many fanatics on HNZ if any kizame..
Fanatics appear to not last long.. What ever happened to lazylarry ??
I really do hope that he proves us all wrong in the end ..
Most if not all on here have one goal, and are willing to suffer the slings and arrows of ridicule to attain that gaol..
Giving their good reasons and taking others good reasoning..
With SCOTTY's .. Response to Percy.. An " almost " Fanatic ( with good reason ) on HNZ.. I rest my case m'Lord..