Sorry it's not quite so high. "New Zealand’s major banks average annualised return on equity has increased from 13.8% in 1H13 to 14.8% in 2H13." From PWC Feb 2014 Banking Perspectives - PDF link.
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Sorry it's not quite so high. "New Zealand’s major banks average annualised return on equity has increased from 13.8% in 1H13 to 14.8% in 2H13." From PWC Feb 2014 Banking Perspectives - PDF link.
About time Heartland did something to cheese me off.!!!
They did it today announcing their AGM will be in Auckland at 4pm on 31st October.
All very well,but my other big holding is in EBO, whose AGM is at 11am on the same day in Christchurch.
Bugger!!
Right I expect the full Auckland team Forest, Roger, Noodles and other to file full and complete reports.!!
Maybe Balance could find time to attend too.?
Jet star fight arrives in Auckland too late.!
If you change your mind mate and want to fly up for the meeting I'm more than happy to help with Airport transfers.
Well I started to try and work it so I could attend both meetings.
Luckily I rang the company secretary at EBO to confirm time and place,and he told me EBO agm is now 2pm at Chateau on The Park,so I will miss HNZ's.
Thanks for your kinf offer Roger,and thanks Winner69 advising me of the 1.25pm flight.
LOL Me too but keep it quiet :) I know we can rely on Snoopy to have a good sniff around for any anomalies in the accounts but I'll run the ruler over them too and bring my corporate B.S. meter along to the AGM to see if I get a signal from any possible corporate "spin".
As a HNZ shareholder, ie one who now has some rights to the future cash flows, I will be disgusted with management if there is anything more than cracker biscuits / wine biscuits / tea or coffee.
Old corporate trick having a meeting at 4pm on a Friday just to keep the numbers down and to make sure it doesn't drag on. Obviously not wanting to encourage shareholder participation.