It may have been well....... "positioned" ,"poised" for another good result, which Peat would possibly comment, that "the fragance [of growth] is becoming stonger."
A lot of runs now on the board.
Printable View
A hindsight view of history decouples the period risk factors from what was has happened to the share price since.
For those who have forgotten, there were serious problems with the 'non-core' (sic) property portfolio at the time Heartland was at 43c. It wasn't just management skill that got HBL out of their difficulties either. Sometimes when a company gets into trouble you bet and win. Other times you bet and lose (as happened to me with Arrium). At the time of any investment, the final result is not determined.
I am happy with the risk I took in upping my Arrium shareholding at the time, although I am obviously not happy with the hindsight result. No doubt many here are happy with the risk they took in investing in Heartland. Good on those who have done well in Heartland. We need risk taking investors as well as boring investors. But don't let the rise in share price from 43c to '$1.80 odd' blind anyone that the ride was not a little bumpy along the way. And don't think the share price going up on no news means your investment risk is getting lower, when in actual fact the contrary is true.
SNOOPY
Wonder if HNA group have got funding in place for there buy of udc finance seeing as their funding lines are getting tighter
Yes it is satisfying to see Heartland approaching NZ's greatest over priced shares.
Still some way to go I think?.
..........................PE................Yield. .........eps growth 1st year.....eps growth 2nd year.
AIA.....................28.98...........2.71%..... ..............7.5%.....................6.5%
EBO....................21.03...........3.42%...... .............9.49%...................5.8%
FPH.....................37...............1.76%.... ...............18%......................12.8%
FRE.....................22.28...........3.41%..... ..............3.5%.....................8%
MFT.....................23.56...........1.72%..... ..............11.4%...................13.3%
POT.....................39.44...........3.43%..... ...............7.3%.....................8.4%
HBL.....................15.94...........4.67%..... ...............8.2%.....................6.9%
NB HBL have a record of beating analysts eps growth figures.
So its bag Snoopy season again - most unfair and below the belt stuff .....are you guys so superior?
Complacency and the mood of 'nothing can go wrong' is a sure sign of a market top (or stock specific) before the crash.
What do they say - pride comes before the fall.
I have always owned up to my mistakes very quickly on Sharetrader.
I have always been honest with all my posts.
It is a fact I do not bet or gamble on stocks.
I do a great deal of research BEFORE I buy into a stock,and only buy more of that stock, if my research gets proved to be correct.ie Companies do what they will do.
The more research I do the better the results I get.
I make few mistakes.
My post #14 on 02-10-2014 on ASX thread ARI [Arrium] I did say "I would be very careful with your NTA." A warning foolishly ignored as were other posters warnings.