Originally Posted by
percy
This post was in reply to Roger's post #8550.
I note analysts are very conservative on earnings more than one year out,so perhaps we could be a bit more aggressive.?
HBL's eps growth,compared to the Aussie Banks is most probably seeing HBL's PE expand.
Also HBL now has "runs on the board" ,which together with their increasing dividend,is also helping the PE to expand.
What we do know is HBL has used up all of its excess capital,and is/has raised more to fund very strong organic growth.NZ is in good shape,which means HBL's digital products delivered online are set to gain market recognition.The appointment of an Australian director signals to me they are confident in further growth in their REL business there,and may perhaps take a product,such as "open for business" to Australia.
We share the same thoughts of the opportunities the demise of UDC will bring to HBL.
My projections of eps and divies have been thrown out the door,as I can see the day HBL hitting $2 being brought forward..!!! Who cares about $1.60,$1.80 $1.90? We will see them all on our way to $2...
Dividends this year? Increasing?!!.lol
Roger,Thanks for posting link to The Herald article.