HGH - Heartland Group Holdings

[Beagle]

Good post Roger, cheers.

What do you make of Buffet sniffing around the Australian banks though? Hard to argue with him.

Tough one to figure mate. According to CNBC the average PE of the financials sector in the U.S. is 12 so Aussie banks aren't a screaming bargain by international standards and as mentioned in that recent post prospective PE for HSBC bank is Just on 10. Maybe he sees trouble coming and looking for a cheap entry in due course ? Yes, definitely not a good idea to be arguing with Warren

[warthog]

Sellers picking off buyers right now, BUT long-term trend unbroken.

Will it bounce or remain above and continue in uptrend or will mounting global financial issues combined with NZ's over-reliance on farming be the chooks that come home to roost?

Disc.: not holding

[winner69]

Sounds horrendous


“However 25% of farmers have debt of $33 per kilogram of milk solids produced, and this is difficult to sustain in anything but the most efficient of operations. The high pay-outs of 2013-14 have provided some wriggle room for farmers – but this has now run out in the 2015/16 dairy season.”

http://www.interest.co.nz/rural-news...g-dairy-prices


Just as well Heartland would allow a farmer to get this stretched. Whew

[vin]

Nice bumpup in SP today so far

[winner69]

Nice bumpup in SP today so far

How much 'pleasure' does it take to offset the 'pain' of the last few weeks.

They say punters feel heaps more 'pain' when prices go down than 'pleasure' when they go up.

Xerof buying - giving some relief to the market

[winner69]

I think this is the base of the new flag pole ........160 plus here we come

[vorno]

How much 'pleasure' does it take to offset the 'pain' of the last few weeks.
...

...$1.29 would make me happy

[couta1]

Sold out my holding at $1.17 this morning (Average buy price $1.07) Most unlike me as I normally watch my large paper profits head back to buy price and then become as negative as they were positive so thought I'd take my profit and watch this one for now, can always buy back in later meantime off to have some fun over on planet Spark and maybe catch some more Air

[Master98]

Sold out my holding at $1.17 this morning (Average buy price $1.07) Most unlike me as I normally watch my large paper profits head back to buy price and then become as negative as they were positive so thought I'd take my profit and watch this one for now, can always buy back in later meantime off to have some fun over on planet Spark and maybe catch some more Air

just can't say you didn't made the right decision, you could do better. anyway i have been some fun with Spark and now with AIR,bought at $2.36.

[couta1]

just can't say you didn't made the right decision, you could do better. anyway i have been some fun with Spark and now with AIR,bought at $2.36.

Yeah selling at $1.40 ish would have been great in hindsight but then there was no need to everything was all rosey at that point, looks uncertain where the price is going to head over the next while. PS- Well done on the Air buy.