decisions decisions.....anybody have any thoughts on whether you would be a buyer here or a seller ?
Printable View
decisions decisions.....anybody have any thoughts on whether you would be a buyer here or a seller ?
I would have thought there maybe some up side to this outfit, eg recent info plus a looming bank licence. Good luck with your decision corlemar.
This week's Market News at www.chrislee.co.nz is interesting.Kevin Gloag has written a peice on last week's HNZ agm which he attended.
Very different from the trash The Press served up.!!!!
I missed catching up with an old friend at HNZ agm.We decided to send each other our report of the agm.From my friend's report;Bank licence,Bruce Irving was ABSOLUTELY CONFIDENT about it, so sure that just the formalities remain,and he would have learnt to be cautious and conservative ! He'd have to resign if they miss out now,and I would be very surprised if he left himself open to that
You are spot on about The Press coverage........ very negative and covered irrelevant material....... shows how important it is to go to these meetings.
HNZ
17/12/2012 09:08
GENERAL
REL: 0908 HRS Heartland New Zealand Limited
GENERAL: HNZ: Bank Registration Successful
NZX Release
BANK REGISTRATION SUCCESSFUL
17 December 2012
Heartland New Zealand Limited (HNZ) (NZX:HNZ) is pleased to announce that
Heartland Building Society's application for bank registration has been
successful.
The Reserve Bank of New Zealand has registered Heartland Building Society
(Heartland) as a bank, with immediate effect. Heartland, the wholly owned
subsidiary of HNZ, has now achieved its goal of becoming the only New Zealand
operated, controlled and managed banking group, with a parent company listed
on the NZX Main Board.
Chairman Bruce Irvine says "It has been my pleasure to be part of this
Heartland journey, and we can be extremely proud of all that has been
accomplished. I would like to thank our loyal HNZ Shareholders and Heartland
depositors. We look forward to delivering on the promise of being a
successful NZ listed Bank that will support the productive sectors of the New
Zealand economy over the long term."
Chief Executive Jeff Greenslade stated that "Heartland will continue to be
New Zealand focussed and is part of a new breed of banks offering a fresh
approach in two ways. A balanced engagement across the three sectors that
drive prosperity in New Zealand communities - Business, Rural and Households.
Secondly, an emphasis on supporting and funding the productive sector -
meeting the sustainable needs of hard-working New Zealanders and New Zealand.
We recognise that at the same time Heartland, as a bank, needs to retain the
advantages of being small: local and accessible, at all times seeking to be
innovative".
- Ends -
For additional information contact:
Jeff Greenslade
Chief Executive Officer
Heartland New Zealand Limited
And also Congrats to shareholders who held for this very announcement.
Well done all of us too!!!.:t_up:
Hear hear STC, X & JT.
The chief finance man will now be happy .... for a few reasons .... but more so he will now be able to tell the advertsing guys its all on .... spend that money we have set aside to tell the world we are a BANK now
If they do it well the advertising might even have a flow on impact on the share price