New vehicle sales accelerate
http://www.stuff.co.nz/business/indu...les-accelerate
Good news for our HNZ holders
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New vehicle sales accelerate
http://www.stuff.co.nz/business/indu...les-accelerate
Good news for our HNZ holders
Thanks for the link.
I read an article the other day that stated sheep and beef farmers will enjoy a record year,with profits expected to jump 35% [$113,000 per farm].This should be good for HNZ's rural lending .
I think HNZ's purchase of Sentinel will add weight and respectability to the reverse mortgage sector.
Can't help feeling we are well positioned. !! lol,.
Checkout John Key's response to council high rates for the retired. He suggests reverse mortgages are a good idea. Move over Oravida, could Heartland be the next big national donor? Or maybe he has been reading some of Percy's posts on this thread and decided HNZ was a good place for his millions:)
Of course, he is dead right. Just not for my parents:)
http://www.nbr.co.nz/ask-the-pm
Absolutely great news to have "our leader" as the new chief Heartland ramper.!!!! And having so many wonderful photos taken showing him wearing his new "Skellerup" gum boots, means he with retain his natural affinity to Heartland New Zealand.!!!
It is a moments like this I feel it is time to replay Freddie Mercury's "I want it all."
We are quickly moving from "well positioned" to "poised."
On another topic, the Adelaide and Bendigo Bank has paid $1.8 billion for the Rural Finance Corporation from the Victorian State Govt. I can't help but think that Heartland Bank could be a takeover target at some stage. One of the big four banks looking for access to a niche market? Or perhaps Rabobank expanding its rural interests. Even a bank like SBS Bank expanding. Any thoughts?
Maybe one of the big Aussie Banks, like Trust Bank got swallowed by Westpac.
I don't think that Heartland has anything that Rabobank would want. Rabobank is interested in rural lending not running a retail banking network. I am under the impression that Heartlands rural book is nothing special.
SBS is a mutual so any take-over offer would have to be all cash, thus unlikely.
Boop boop de do
Marilyn
Who's the major holder willing to keep offloading at these levels?
Seems incredible that it's traded in such a narrow range for the better part of 12 months (apart from the brief jump over 90c).