Me is also holding myself back ...If I get lucky then will see ...still 3-4 weeks ahead are bad for markets ...so trying to be patient ...not easy
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someone saved the day! finished at $1.76.
Started down and then rebounded back to $1.80 after Master Fiordland Moose started talking sense with his posts. But then started dropping like a stone as soon as Master Winner69 popped his head in here talking about slow aussie growth. Not sure what to make of it all to be honest
Not a great sign when a stock cannot hold its capital raise price. Usually results in the traders and flippers bailing out.
Been a busy month for Heartland
Got the begging bowl out and collected $199m in cash ... after Jarden and other 'organisers' take their cut let's say they got $190m
Gave $32m back to shareholders by way of divie
Gave $150m back to bondholders
So $8m left of the $190m ... boost the petty cash or maybe put aside for the next round of exec bonuses lol
End result one could say the Heartland Balance Sheet is now 'healthier'
The wonders of high finance and 'money go rounds'
I sense another Bond issue coming up - probably be a Green Bond to give everybody the warm fuzzies - and priced to make it attractive for some
If we assume what many experts / Gurus are saying on CNBC that S&P 500 manages to reach around 3000-3200 levels then what should be corresponding SP of HGH ...$ 1.50-55 or ....
Its a hypothetical exercise but with S&P showing signs of crumbling , Bonds crashing and rates expectations going sky high leading to deep and prolonged recession fears maybe happening .
In this worst case scenario HGH being a bank will do badly if not actually but sentiment wise ....thus SP should or will suffer
Even in such case compelling value remains $ 1.55 or it goes lower in your judgement ?? Just looking for your honest and informed view mate
Winner already said his view is $2.20 by Christmas I think? But that may have changed now