I was going from The NZ Herald article headed;
"ANZ wins battle of the mortgages as Auckland's real estate market faces cut-throat rivalry."
Printable View
On the Australian market which had two more hours to absorb the news and is far more liquid with over 14m shares changing hands in ANZ today, they fell 4.1%. NAB down 3.8% and WBC on the Aussie market down 4.5%. Heartland trading had less time to absorb the bad news but fell more. I expect a flight to the safest possible banks and in particular deposits to Government guaranteed Kiwi bonds to gain strong momentum, (no lol, nothing to laugh about today).
on the brighter side...at these prices Snoopy will now become a hbl holder and only positive posts will be in his book
I don't think so.
He will need to keep a good amount of money to one side,as he may have to defend himself, against the possibly libelous statements he made about The Governor of The Reserve Bank of New Zealand in his post #7800.
The directors of Heartland Bank would most probably join the party too.
I don't mind snoopy posting,but when I see his post is the last in the index I don't go there to read it,honestly it's just too technical for me.
if you analysed all the stocks like that,how many would you come away with that you could make a positive investment decision on.
I have made a bit of money from time to time with HBL,but if I took those sorts of posts seriously for my decisions I would be institutionalised,in the ward for people whom Just don't get it.
No offence Snoopy.