I think Roger somes it up well.
Fair enough mate, its simply too big a hurdle too clear my head from all the baggage and destruction of wealth I've seen in this sector since 2007 but all the best with it. (Roger in post 2722).
I attended the last 2 AGM's talked afterwards with directors on both occasions. Also talked to a number of other HNZ share holders some very experienced ones none of them raised any concerns.
HNZ is a turned around story in my mind which is likely to take some time to be understood. Negative impressions of the finance company history will take time to fade.
In the mean time I see it as one of the few growth companies with reasonable dividend for sale at an attractive price.
I expect ROE to rise in the next few years together with the market starting to understand HNZ this is possible one of the less risky shares on the NZX