Beating the street by Peter Lynch
Peter Lynch in his book Beating the Street describes his enthusiasm for locally owned banks who get their funding from local sources.
Their seem to be many investors uncomfortable with HNZ because of the finance companies history in NZ.
I think those same people don't understand HNZ business plan and likely did not attend the HNZ AGM like Percy and I did.
I talked with about 8 share holders before and after the AGM and non of them showed any concern of the direction HNZ is going.
If interested in HNZ but you feel uneasy about the finance companies history in NZ read the book and attend the next HNZ AGM.
This might work out quite profitable.