Is there a bit of dividend hound lurking inside the Tiger ?
Quote:
Originally Posted by
Paper Tiger
For Heartland Bank I do not believe the overall risk of write-offs has materially changed much over the last few years and there is a probability that going forward write-offs will increase (or indeed, decrease) as a proportion of lending.
You need to look at the entire game board to get a decent perspective.
Being somewhat conserative in my expectations of what will be achieved over the next few years I have a present right here right now value for this Bank of a mere $1.386.
Meanwhile it is the biggest single holding in my NZX portfolio, and long may it be so.
Best Wishes
Paper Tiger
This piqued the hound's curiosity. If one's fair value at present is only $1.386 and the SP is $1.50 what other reason to hold other than to be what ostensibly amounts to a dividend hound ?
I really must find the time to code foe weekly on these charts
Quote:
Originally Posted by
Roger
This piqued the hound's curiosity. If one's fair value at present is only $1.386 and the SP is $1.50 what other reason to hold other than to be what ostensibly amounts to a dividend hound ?
http://i7.photobucket.com/albums/y26...20161215_2.png
Best Wishes
Paper Tiger