I think you are right.I would not be surprised either.
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I think you are right.I would not be surprised either.
Well I am very surprised he is moving from HGH, with a market cap of near $768mil, to NZM with a market cap of near $100mil. ?
"Heartland will consider its on-going requirements, particularly in light of the recent corporate restructure, and will provide a further market update prior to David’s departure.
That's code Jeff uses to say he is going to start empire building .....probably a Group Finance person with a CFO for both both the Bank and Australia reporting to him. Sounds like more expenses to me
From $2.14 high to this YE close $1.36 is a big disappointment. Stuff the dividends, it'd be years to recover that degree of capital losses. Shows how with ramping and ceaseless promotion, that a share can get way ahead of itself and upset a lot of punters for a long time when sensibility creeps back in. God help HGH if the market Bear truely takes hold, all I can say is you'll need a strong stomach if you're holding and impeccable timing to find and get a fill at the lows, wherever that ends up being.
I respect the directors and management of HGH more than Sharetrader posters,as they have very large personnel holdings,and each have proven successful business records.
None of them have sold any of their shares.
HGH have a record of achieving what they say they will do.They are taking advantage of the opportunities that are avaliable to them.
I still retain my view of HGH as a high conviction stock.It is my second largest holding.
I will refrain from making a decission to hold,sell or buy more until HGH's interim report is released in early Feburary,however I am expecting a solid result with a positive outlook..
disc.I brought a few more last week,as a Christmas present for myself..
Neither are defensive in a bear market so to pick then one needs to assume either the bear isn't coming here or these companies are special and immune to a bear market, (nothing about their SP performance in 2018 provides evidence of the latter in my opinion). If they could just stop going down and pay their dividends for 2019 that would be a good start. (Still hold some HGH)