Don't change,we love you as you are. [yeah right] lol.
Printable View
Dead cert then .....and most have expected it to be forthcoming eh
Will make the AGM a bit of a non event.
The finance head honcho said becoming a bank was only a marketing ploy ....cynically nothing else but that he said
He get his way soon ....painting BANK on all the signs
Sign writers doing ok at the mo .....green to blue and a few BANK signs .....hope they don't misspell
The fundies have made their play belg... long ago.. As have we... slowly building up..
I really do not think that a few hovering punters is going to make much difference in the price in the next four days..
Time will tell of course..
The dice have been thrown... " SNAKE EYE's ".. eh !!.. Percy ??..
Still think that it is a good investment with or with out the licence..
One would think that with the Bank Licence announcement and the commencement of dividend payments in the near future , that the share price should edge closer to at least NTA value.
"BULLS EYE" I hope.
Still a good investment.Even better with a banking licence.
Dividend ???? Well they have had nearly 5 months trading this year so must know how they are trading.Announcing a divie at the AGM would certainly bring happiness to all of us who fronted up with the recap of PGC.Been a bit of a wait,and a bit of a rocky road.
and a bit of a " rocky road ".. Hahaaa.. Good " Heartland " words Percy.. ... Never did understand what it was until my Kiwi children had it on their top of their wish list..
Anyone care to wager what they will do once they get bank registration? Will it be nationwide rollout of branches and a heavy marketing campaign? Or more like BAU with an enhanced status going forward?
A banking license could help make it a nice takeover target once it got a network of branches and a decent customer base..
Very true and with a decent customer base in our environment, that would probably make them rather profitable. Looking at Kiwibanks record over the past few years, its not a bad market to be in if you can make get all your systems and branches up and running pretty quickly. Last year kiwibanks profits were at 21 million... roughly the same as Heartlands this year. Kiwibanks profits this year = 80 million. All the big banks in NZ are making rather large profits, if Heartland could convince many of their customers to come over based on better margins and it being only NZX listed... how much in the way of overseas interests are holding shares? Anyone know?
Will getting or not getting a banking license have much of an affect on the shareprice with all the hype atm??? This was my personal problem question.
Having a look to see what has happening with the other BBB rated banks...such as SBS and the Co-operative Bank (old PSIS) may give some indication to what lies ahead for Heartland with its own BBB- rating (the lowest investment grade credit rating) when (if) they obtain that license.
The big players the 4 Australian owned AA banks BNZ ANZ Westpac ASB,, the AA Kiwibank and the AA dutch Rabobank have the best quality customers and they dominate the banking sector.... Credit ratings really do affect the banking business.....You need good quality customers from a variety of markets to lower the risk and increase the credit rating, so there's a bit of a "Catch 22" here.....Using TSB as a BBB bank example....it has a great customer satisfaction image, but even with this great image it is finding it slow going to expand with good customers and diversify out of Taranaki.
There is plenty of positive hype out there...I'm probably unduly pessimistic but I find it hard to get overly excited about Heartlands future prospects in this tough market.
Disc: recently sold.. held 4 months +20% return.... I'm happy with that for now.