http://www.nzherald.co.nz/business/n...ectid=11953403
Some of this might be reflecting onto HEARTLAND.
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http://www.nzherald.co.nz/business/n...ectid=11953403
Some of this might be reflecting onto HEARTLAND.
Not good really.
Price becoming erratic..
So many do not really understand HBL..
Disc. Hold.... Onwards and Upwards..
Market thinks they will ...that's good. If so $65m won't be enough.
But give them a bit of time - it's all calculated on a weighted average basis anyway
No worries ...except that too many might hock off their cheap shares. No longer term view those punters ....just in for a quick buck
Too late to buy / sell now. In a trading halt until book build done.
Didn't participate due to being unemployable and the failure of Forestlands to pay out.
Have enjoyed the ride over the years especially having shares in CBS and buying more at around 55c some years ago.
Will probaly have sell out sometime in the future until then its all good.
$2.02 for any extras in the bookbuild, hardly a rollicking bargain, lets see if the sp holds up after halt finishes
http://nzx-prod-s7fsd7f98s.s3-websit...803/271622.pdf
Nice professionally handled capital raise that was fair to all parties. Other companies would do themselves and their shareholders well by taking note of how well this was handled and when the times comes following a very similar methodology. SP was well supported throughout the process at and around just over the $2 mark so the book build price shouldn't be a real surprise to anyone.
So a little 32 cent per share bonus for those who didn’t take up their rights
Pretty big divie if you look at it that way ...or a decent Xmas present for somebody
So if the sp drops below 2.02 then those that did not take up the issue will be better off than those who did. The rise on the last day looks a bit suspicious to me.
Maybe I have things about face.?
The sp is a bit of a game to me,as I am neither a buyer or seller of HBL.
What I am looking at is HBL's capacity to keep growing eps,which will leave them in the position to keep paying increasing dividends,which will grow my income.
Each capital raise has seen HBL increase ROE and eps.I expect this trend to continue.
Great to see a high percentage take up of 82%. Although the original dog Arvida had a 90% take up...
And with the help of a bit of what seems "highly suspicious" jump to $2.07 right before the book build, a very high premium to the capital raising price.
Looking forward to seeing a double digit EPS increase. It needs to when it is trading at these sorts of multiples
Now just waiting for the unexpectedly expected profit upgrade to come through.