Was it PGC..? And then Percy was very encouraging....and right.
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I am going to give a plug for delisted/investogain here.
They are very useful for confirming the history & old nom de ticker of NZ & AU companies:
https://www.investogain.co.nz/compan...limited-16508/
My memory is slipping,so my have CBS name slightly wrong..
PGC merged with Northern Building Soc,and Canterbury Building Soc to form BSH.HGH Chairman Geoff Ricketts came from NBC where he was a major shareholder.Remains a major HGH shareholder.
The days were numbered for building socs, yet their steady capital from loyal depositors was just what PGC's Marac needed.
Two of the big driving forces were now disgraced former directors George Kerr and Bryan Mogridge.
Current directors Geoff Ricketts and Bruce Irvine,and later Geoff Tomlinson have also played a big part,but the real driving force who has attracted top people to HGH is Jeff Greenslade.
At the original meetings when BSH was formed it was easy to see that these people had put their reputations on the line, and it was going to work.
At one AGM then Chairman said a banking licence was not far away.Contrary to Sharetraders views he was correct.
In fact HGH's record of doing what they say they will do remains intact to this day.
Thanks Percy. I was starting to wonder whether your absence on ST was maybe due to you having accidentally been holed up at PAZ's new factory during lockdown :-)
https://www.heartland.co.nz/about-us...heartland-bank Some history of when it started we have been with them since Loan and Building Society which is about 22 years.
Loan and Building Society amalgamated with Ashburton Permanent an then become Canterbury Buiding Society / Southern Cross, Marac and PGG Wrightson Finance / Heartland / Heartland Bank January 2011 / Heartland Group Holdings.
Yield hunters pouring in before it goes XD tmrw.