Todays directors and management disclosure notice, just shows how much "skin in the game" they have.
Most reassuring.
Printable View
Todays directors and management disclosure notice, just shows how much "skin in the game" they have.
Most reassuring.
I got to thinking with all those HIGH level holdings they might have got the name change wrong and it should have been Highland Group Holdings Limited...sounds a lot more posh doesn't it :)
Actually speaking of things Highland, you got your bagpipes and tartan kilt out and all ready for Saturday Percy ? http://hororatahighlandgames.org.nz/
This Beagle wouldn't mind getting his snout into the Hororata pie eating competition...that sounds like really tasty fun :D
For those of us that can't get down there...Enjoy https://www.youtube.com/watch?v=PSH0...&start_radio=1
A great community event.
I am happy with HGH's name.
I think they have their branded themselves well.
Harmoney hits $1 Billion in lending, $ 750 in NZ and rest in Aussie. Interestingly the book is largely to 30-49 yo and skewed towards homeowners (45%) and skilled office workers and professionals (37%). 75% funded by institutional investors. Would be interesting to know how much HGH has lent to them.
https://www.interest.co.nz/news/9677...ew-zealand-and
This thing acting like a real dog also, if it wasn't for the dividend it would also be out of the kennel.PS-Even with the dividend it might still get the boot.
I am holding and adding. Good price to buy.
The SP is really in the doghouse these days and the over exhuberance of $2.14 so faraway, and yet they have a grand conglomerate name and are listed on a real stock exchange (ASX).
Whilst I still hold a few I kind of regret not selling them all.
But then, a bit more of a drop and it could be buy time.
Q1 profit up 8%
Unusual for Heartland a mistake in their presentation ...page 14
http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf
Current market Price to Book value of 1.35 times
Reasonable ......but share price sub 140 still possible to complete that H&S chart pattern
HGH's Investor Day Presentation is a must read.Reverse Equity Loans fully explained.
Perhaps a kind poster will post the link here.
http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf Don't want the Irish housing crisis stress test to play itself out do we Percy :)
SP and whole milk powder price inextricably related so SP will continue to track that :D Seriously though, there is a strange correlation but nonetheless the contents of the investor day presentation at first glace look sound. Disc: Holding for gross yield (assuming they lift dividend this year to 9.5 cps) of (9.5 / 0.72) / 152 = 8.7%.
Thanks Beagle and Forest.
Beagle.Well the Irish situation could see Heartland Bank as the last bank surviving in Australasia.?
Whole milk powder correlation is further weaked with HGH's lower Rural exposure,particulary with their reduction of "larger" loans.
In-depth analysis of Heartland Group
I assume this is mainly for Aussie ‘investors’ .....was the presentation over there?
If so hope they can overcome the Aussie view that you have to be twice as good as any Aussie company to be any good...nobody does things like Aussies eh
Good to see them drumming up support in Australia ..if this was the case.