Thanks Winner. My goodness that impressive growth in the loan book and net interest margin growth is awesome too ! Organic growth is tremendous, no nitrogen or acquisitions required :)
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Thanks Winner. My goodness that impressive growth in the loan book and net interest margin growth is awesome too ! Organic growth is tremendous, no nitrogen or acquisitions required :)
So net profit will be $67 million?
So..what final dividend are we expecting folks ?
The continuing strong organic growth makes me wonder about UDC, and how interested HBL are in it.Yes it would be a great fit,but I really think it would have to be on HBL's terms,in which case ANZ would be better to float,hold,or sell it to someone else.
When this year's result is announced in a few weeks time, we must remember HBL went through 2 months of share hell getting their new systems running properly.Was main reason for the increase in impairments.Jeff Greenslade called it an own goal,so that being corrected,[I think it has] and their out look commentary will be very important,for us to try and project future earnings/ratios,and dividends.
they would appear to be in the lead for containing costs as well
...and for increasing fee income. They are now whacking me $40 for a same day cleared funds transfer from my company's Business Call account that they used to do for nothing.
I could transfer all the funds required myself if it wasn't for their self-imposed $$ transfer limit that requires me to phone or email them to get the job done.
Feels a bit like operating in the dark ages.
I've moaned and requested a limit increase - but no response. That was only 17 days ago, so guess there's still time before this month's trnsfer is required.
I have a call account (not the business one) and can transfer as much as I want with no fees.
That will of course be fully imputed so 6 / 0.72 = 8.3333 cents gross which is just on 4.9% return back within a couple of months. My goodness you'd have to have your money in their 2.75% call account for nearly 2 years to get that sort of return ! An important reminder to ensure which side of the ledger one's money is deposited on :)
Then there's the distinct possibility that this is headed back to $2 next year :t_up:
So much enthusiasm for this stock and yet, out of the 15 individual stocks I own, this is the only one in the red today. Still as Meatloaf used to sing 14/15 ain't bad.
https://www.youtube.com/watch?v=k5hWWe-ts2s
I got back in at 1.77 a few weeks back. I sold awhile back at 1.50 odd and used the proceeds to buy AIR at 2.19 to get that monster dividend. Still have that Air holding.
All a bit swings and round about. Worked out ok overall (at this stage :)