Originally Posted by
percy
Posted 18-04-2012.
I brought good amounts of shares at 49cents on 10-04-2012 and at 50 cents on 22-05-2012.[I kept adding since that time].
My gain has been over 77% in two years.I have also enjoyed great dividends.
The business has certainly achieved a great deal in those two years.The directors have kept in touch with shareholders,setting out the company's goals.They just keep doing what they say they will do.Jeff Greenslade certainly knows how to bring on board experienced banking people.The acquisitions have been at very modest multiples.Getting the banking licence was a great achievement,and now the credit rating upgrade is "the icing on the cake."
The future? With solid foundations the future looks very exciting.As shareholders we can look forward to "real earnings" growth,great dividends,and as "the market" rerates Heartland the share price will increase.
So we can still look forward to seeing Heartland trading at 2 or 3 times NTA some time in the future.