HGH - Heartland Group Holdings

[nztx]

what's up with HMY on ASX ?

All of a sudden HMY's Au 64c becomes 48.0c

Sure the Ozzie economy has taken a series of RBA inflicted Interest kingshots to date, so things aren't looking quite as rosy

[Pegasus2000]

Can't fix things however still need public attention.

Supermarkets,
Petrol Stations.
Banks.
Over paid Politicians.
Under paid consultants.
Price of cat food.
Helps to keep people's minds off the bad weather..lol.

[dibble]

Papers full of stories about how the greedy, nasty, mean and horrible banks are making huge profits while households are suffering and we urgently must have an enquiry into it and sort the buggers out

That's terrible.....now isnt one of those nasty banks owned by the Govt?

[GTM 3442]

That's terrible.....now isnt one of those nasty banks owned by the Govt?

I don't think so. I think the ever-changing collection of KiwiBank-owning QANGOs are trying their darndest to get out.

[Rawz]

Heartland going to tank today because of the SVB meltdown?? Or nah she'll be right?

[winner69]

Ricketts has passed away

Was pretty dedicated to Heartland …..even had to put up with being called a ‘an old grey haired fuddy duddy’ by a shareholder at a ASM

http://nzx-prod-s7fsd7f98s.s3-websit...202/390539.pdf

[percy]

Ricketts has passed away

Was pretty dedicated to Heartland …..even had to put up with being called a ‘an old grey haired fuddy duddy’ by a shareholder at a ASM

http://nzx-prod-s7fsd7f98s.s3-websit...202/390539.pdf

Yes dedicated to Heartland and the community.

[winner69]

Heartland going to tank today because of the SVB meltdown?? Or nah she'll be right?

With SVB we shouldn't be surprised when greed, myopia and complacency induces bankers to do stupid things. Like the risks of mismatched asset and liability term structures are taught in banker kindergarten. Lessons forgotten and SVB shouldn’t be bailed out

Heartland aren’t like that and match their assets and liabilities sensibly

No worries here …but markets might think all banks are going to fall over so you never know whether HGH will tank or not rawz

[Rawz]

With SVB we shouldn't be surprised when greed, myopia and complacency induces bankers to do stupid things. Like the risks of mismatched asset and liability term structures are taught in banker kindergarten. Lessons forgotten and SVB shouldn’t be bailed out

Heartland aren’t like that and match their assets and liabilities sensibly

No worries here …but markets might think all banks are going to fall over so you never know whether HGH will tank or not rawz

was thinking maybe some part time recreational investors that jumped into HGH after all the brokers picked it in the Heralds stock picks 2023 comp.. maybe these investors read this mornings head line and decide to get out in a hurry..... hope not that would be dumb

Markets on edge after US bank collapse

[percy]

Heartland Bank’s regulatory capital ratio reduced to
13.15% as at 31 December 2022 (30 June 2022: 13.49%)
following the removal of any bank dividend restrictions by
the RBNZ on 1 July 2022. Heartland Bank continues to
operate significantly in excess of regulatory minimums and
is well positioned to meet the RBNZ’s future higher capital
requirements.
• The RBNZ future capital requirements are for a core
capital ratio of 11.50% and a total capital ratio of 16.00%
by 1 July 2028.

As Winner69 pointed out:
Heartland aren’t like that and match their assets and liabilities sensibly.