sharetrader
Tab Content
  • Snoopy's Avatar
    Yesterday, 10:23 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    Baa-Baa, I guess I could make up any credentials on an anonymous forum but would you believe them? For this reason I prefer to let my posts do the...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    Yesterday, 10:55 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    A web search uncovered some information about ABCP trust financials. From: http://www.thaipr.net/finance/718556 "Heartland ABCP Trust 1 is a...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    Yesterday, 08:47 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    I see your three ratios with 'On Demand', '0-6 months', '0-12 months' ratios between 'contracted' receivables maturing' and contracted 'debenture...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    Yesterday, 12:43 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    One year from balance date is 30th June 2017. From note 14: "Undrawn committed bank facilities of $49.3 million are available to be drawn down on...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    Yesterday, 12:11 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    Heartland HY2017 Liquidity 'On Demand' (Contractual): Refer Note 14 Cash & Cash Equivalents$69.655m plus Unrecognised loan...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    26-04-2017, 11:57 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    'B'anker is spelt with a 'B'. And you shouldn't be drinking on the job either. :-) SNOOPY
    9336 replies | 1567634 view(s)
  • Lizard's Avatar
    26-04-2017, 09:59 PM
    Thanks DarkHorse - good to have that confirmation!
    7 replies | 558 view(s)
  • Snoopy's Avatar
    26-04-2017, 11:54 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    The above figure is calculated from figures in IRFY2017 note 14, using the formula: ----- 'divided by'
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    26-04-2017, 11:46 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    I think that I will continue to follow the advice of the first PT, and not the second PT. That means I take the printed 'contacted' figures and...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    26-04-2017, 10:41 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    PT, the numerator of your second two ratios 'Worst Case 6 months' and 'Worst Case 12 months' does not contain the $42.29m 'undrawn committed bank...
    9336 replies | 1567634 view(s)
  • RTM's Avatar
    26-04-2017, 09:21 AM
    RTM replied to a thread VHP Vital Healthcare in NZX
    I wonder is this is what is going to happen to VHP ? https://www.anzsecurities.co.nz/DirectTrade/dynamic/quote.aspx?qqsc=GHC&qqe=ASX NorthWest...
    75 replies | 12754 view(s)
  • Snoopy's Avatar
    25-04-2017, 11:02 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    (Total Current Money to Draw On)/(Net Current Loans Outstanding) > 10% In the numerator of the equation, we have borrowings. HNZ BORROWINGS...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    24-04-2017, 11:45 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    At last balance date, 31-12-2016, Heartland had $754.583m of 'on call' borrowings in the "call deposit" account. According to my 'expected'...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    24-04-2017, 03:59 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    HNZ LENDINGS vs HNZ DEBENTURES Customers owe HNZ 'Finance Receivables' (Lendings) of $3,334,800,000. If we look at note 14 of IFR2017, we can...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    24-04-2017, 12:59 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    Here is my interpretation of the bank liquidity test. (Total Current Money to Draw On)/(Expected Net Current Loans Outstanding) > 10% And here...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    24-04-2017, 10:55 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    My above quote is the 'glib solution' for liquidity problems of banks. The problem with the above solutions are that when a bank has a liquidity...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    23-04-2017, 06:41 PM
    Snoopy replied to a thread RBD - Restaurant Brands in NZX
    The main problem here is that memories are too short on both sides of the protest fence. Wasn't it only a year ago that Restaurant Brands were...
    2250 replies | 292764 view(s)
  • Snoopy's Avatar
    23-04-2017, 11:13 AM
    I didn't expect to propose a solution many of the ills of financial system when I started this thread This thread has exceeded my expectations. ...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    22-04-2017, 11:35 PM
    The rest of Arrium is now approaching the block. Key points from the AFR update below: ----- "British industrial company Liberty House and...
    495 replies | 65985 view(s)
  • Snoopy's Avatar
    22-04-2017, 03:08 PM
    Macduffy, your explanation of a liquidity crisis corresponds more or less to how I thought the financial system worked, before I read the "Bank of...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    22-04-2017, 11:07 AM
    To take this further, I think it is useful to look at a specific example. I am tempted to call our hypothetical example "Bank A". But to be...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    21-04-2017, 12:08 PM
    I don't think anyone suggested that risks be given 'equal attention' to whatever positive outlook an investor may have. If I read Baa Baa...
    6 replies | 363 view(s)
  • Snoopy's Avatar
    20-04-2017, 11:47 PM
    I have a significant proportion of my investments in the 'gentailer' domain. Over the last few years there has been discussion on how the...
    6 replies | 363 view(s)
  • Snoopy's Avatar
    20-04-2017, 11:00 PM
    Snoopy replied to a thread Genesis Energy in NZX
    The above information was derived from Genesis Energy's 22nd November 2016 presentation to shareholders. This presentation was made just after the...
    2139 replies | 434954 view(s)
  • Snoopy's Avatar
    20-04-2017, 09:27 AM
    Now to carry on, for those that have got over the shock.... From a shareholder perspective in a single bank, I am not sure that 'loan books create...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    20-04-2017, 08:36 AM
    My oblique reference above, comes from the idea that: "the amount of money a bank has on deposit, or can borrow from a 'parent bank', does not...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    17-04-2017, 10:58 AM
    Improving the bank gearing ratio by recapitalisation is a 'big picture solution' to liquidity questions. Recapitalisation under these circumstances...
    27 replies | 2511 view(s)
  • Snoopy's Avatar
    16-04-2017, 05:03 PM
    There is a solution to this problem which causes far less aggro and angst. Make the transition from 'poacher' to 'gamekeeper' and simply buy some...
    19 replies | 2327 view(s)
  • Snoopy's Avatar
    16-04-2017, 12:15 PM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    When Turners issued their TNRHA bonds, a lot of extra information that was not generally available to TNR shareholders accompanied that release. I...
    9336 replies | 1567634 view(s)
  • Snoopy's Avatar
    16-04-2017, 11:53 AM
    Snoopy replied to a thread HBL - Heartland Bank Limited in NZX
    I find it annoying when a company announces something to the NZX, but then does not replicate that announcement on their website. The Heartland...
    9336 replies | 1567634 view(s)
More Activity

3 Visitor Messages

  1. View Conversation
    Hi Snoopy. Hi Liz.

    Now that would be an interesting thread
  2. View Conversation
    Great idea. From my limited past experience, I think contrarian & value picks do quite well when the market turns. Perhaps we should attempt to create a theoretical "Phaedrus vs the index" thread to help balance the long-standing debate...
  3. View Conversation
    Hi Snoopy,
    Just dropped in to sign your visitor book. Thanks for all the interesting posts over the years. Hope your investments are holding their own in this stroppy market.
    Liz
Showing Visitor Messages 1 to 3 of 3
About Snoopy

Basic Information

About Snoopy
Location:
, , New Zealand.

Signature


Management top tip: Share the responsibility. Change your name by deed-poll to "Someone Else"

Statistics


Total Posts
Total Posts
4,826
Posts Per Day
1.03
Visitor Messages
Total Messages
3
Most Recent Message
31-10-2009 12:47 PM
General Information
Join Date
21-06-2004
Referrals
1

2 Friends

  1. Lizard Lizard is offline

    Share Collector

    Lizard
  2. RTM RTM is offline

    Member

    RTM
Showing Friends 1 to 2 of 2