HGH - Heartland Group Holdings

[X-men]

Another star to raise!! Fund from ARV will also go to HGH!

[flyinglizard]

Another star to raise!! Fund from ARV will also go to HGH!

PB = 1.05-1.07, PE less than 9, why not? undervalued

[SCOTTY]

3.4m traded so far today. Last trade @ $1.07. Little depth on the sell side. Looking strong

[Davexl]

Saw this on Bloomberg Asia - should (already) be good for HGH...

Retirement Cash

The number of Australians tapping a reverse mortgage-style product to help fund retirement is up almost 40% in the past year as calls increase for retirees to monetize the A$1.3 trillion ($870 billion) they have tied up in property. The nation’s Home Equity Access Scheme was used by more than 13,000 people in the year to June. Under the program, people who have reached the pension age of 67 can borrow against the equity in their property and take out a government loan. Those loans are generally recovered when the secured property is sold or from the person’s estate.

[Snoopy]

Saw this on Bloomberg Asia - should (already) be good for HGH...

Retirement Cash

The number of Australians tapping a reverse mortgage-style product to help fund retirement is up almost 40% in the past year as calls increase for retirees to monetize the A$1.3 trillion ($870 billion) they have tied up in property. The nation’s Home Equity Access Scheme was used by more than 13,000 people in the year to June. Under the program, people who have reached the pension age of 67 can borrow against the equity in their property and take out a government loan. Those loans are generally recovered when the secured property is sold or from the person’s estate.

This article references the Australian government annuity scheme. For a slice of your house you can supplement your retirement income. It is interesting that the number of people making use of this product has risen by 40% in the last year. Yet I have to ask 40% up from 'what figure'?

You cannot draw a significant lump sum from this government scheme, which is where Heartland and their reverse mortgages comes in. I think the Heartland and Government products are more complimentary than competitive.

SNOOPY