Now why does your post not surprise me?
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Yeah, horribly confusing isn't it Winner. So are they funding seadragon farms now too ? Gee, I'll have to take my boner (cow) elsewhere.
Here I was thinking banks play a role in smoothing out business cycles - silly me
Yeah mate, lets pretend there's really not 469,890,280 shares currently on issue. I am sure Chris has his calculations right and the NZX are wrong and my calculator isn't working properly.
http://www.4-traders.com/HEARTLAND-N...518/revisions/
Lets also pretend the consensus analyst forecast of 10 cps is nonsense too because we're all looking for our happy place tonight :)
zzzzzzzzz
Pedantic Roger.
His history writing on Heartland for over three years has been excellent.
When brokers were ignoring Heartland, Lee and Kevin Gloag were attending agms ,talking to management and directors,doing research and sharing it on his site..
He has been right on the money the whole time. So lets give him some Leeway.
The critical two paragraphs
The change water has made to the prospects for farmers in the area covered by CPW hasn't gone unnoticed by banks and Cookson says financiers he's never dealt with before have been keen to talk to him.
"A friend down the road banks with another bank and he's had my bank driving up his driveway and I've had his bank driving up my driveway. They're really keen to lend money for irrigation development – they obviously see it as a safe and good thing to get into."
Hope that these really keen bankers are the Heartland bannkers
This is real down to earth gutsy niche lending .... and to the cleverer farmers as well
What's eight tenths of a cent EPS between friends eh ?. I shall consider myself told off like a naughty mischievous troublemaking dog and go and sit in the corner with my tail firmly between my legs :) Have a good evening mate.
HNZ back above 200D EMA at 1.20.
This is on a week that dairy prices dropped 10%.
And today HNZ rose 2.6% when all the aussie banks dropped.
I suspect if Greece votes 'Yes', then we might see a bit of a rally in HNZ.