Originally Posted by
trader_jackson
I haven't commented on this thread before, but have been keeping a check on Heartland... I am just quite amazed how despite "continually positive" revisions to earnings, this share is now the same price as it was in January of this year!
Dairy does not have a huge effect on Heartland (really), but it is still nice to see Fonterra's announcement (short term factor). They else have the "seniors finance" which they seem to be a market leader in, and I think this will really take off over time (long term factor).
In conclusion, I think it is general market weakness, especially in banking stocks, that is pushing Heartland down... very seriously considering entering at price $1.10 (if market forces allow)