Learning is a life long experience
Quote:
Originally Posted by
Snoopy
Note 38 refers to the forecast cashflows over selected future time periods, assuming no new deposits taken in or lending. When they produced an unfavourable picture you suggested that the no new deposits scenario was not realistic...
Did you read ALL of Note 38?
Snoopy I realise that you are determined to prove that Heartland is a risky investment and yes there does exist the possibility that circumstances arise that stress HNZ to the point where shareholders (and depositors) take a hit, but if your take a more even approach I am sure that you will better improve your financial analysis skills.
Best Wishes
Paper Tiger