Banking today is probably better regulated than other businesses listed on the NZX. It would be interesting to see a figure put on the chance of default for all listed companies.
Printable View
1/30 isn't that low to be honest, I naturally assumed it would be lower... =\
Indeed it would and additionally one could ponder the the likelihood of some of the blue chip stocks (trading on extremely elevated PE's of circa 30), defaulting on their high consistent EPS growth rates at some stage over the next five years supporting those lofty multiples... Anyway back to HNZ, what chance of another credit rating upgrade in the foreseeable future...far, far better than 1 in 30 I would suggest.
Another week almost over and HNZ share price hardly moved
This is getting depressing.
If Heartland are making more today then yesterday than they should be telling Forbar et al and arranging an upgrade
Slack Investor Relations
But may Jeff don't really care about shareholders .....should be earning his close to $2m rem
^ Ha, beat me to it
Next we could have Maori tribes bidding up the SP because they're so impressed with the interim report, would that be good thing Winner69 ?