ha ha good one.
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HNZ is a much larger beast ( A tiger that I have been happy to ride on ) today than it was when it came out of PGC ..
Roger !!.. There is no way we smaller shareholders can stop a take over ..
If !!. and I will repeat.. " IF " .. One is coming..
Until it doe's.. I am a VERY happy holder.. Aye perc.. :-))
Aye!!!
We are happy holders.
Smug in the knowledge,we saw the Heartland potential early on.
Content to enjoy both share price growth and fully imputated dividends .
Who knows we may even see another credit upgrade anytime!
You may even feel we are .................. [you know what].!!!!! lol.
Opened a heartland direct call account. They have been very very busy with lots of new customers. :)
PS. Service was fantastic too. Even though busy.
I don't know mate. I think we can be a little bit haughty about this one Percy. We have been well positioned for many years and are still poised :)
I have a bit of cash to invest at the moment and have been doing research on many companies on the NZX. I struggle to find a more justified investment than HNZ, even at today's SP level. If it wasn't already above 30% of my NZX portfolio I wouldn't think twice about buying more because I feel we are very well positioned with it
Yes poised!!!!
The fundamentals are still modest,the out look is very positive,the management are now proven,and the balance sheet is very strong.So poised is the correct word,and we are indeed very well positioned!!!.
With so many astute sharetraders being shareholders,and watching the company so closely,and giving careful analysis of the company,I too am comfortable with my overweight position.Great when a company goes from being under 20% of your portfolio,to over 30%.!!!!
You can be smug and haughty or whatever. The only thing to worry about is they are not driving the business hard enough, they are showing signs of managing to expectations when they could do heaps better.
The only thing that can go wrong is if the world falls apart again. But Janet is doing what she has been told to do and making sure no turmoil until after the next presidential elections. So no rate increases until 2017. The world will remain happy and markets will continue to go up.
HNZ will join in the fun .......but I wish they would push themselves harder instead of just coasting along.
Welcome back Winner. You were missed.
I agree there is always a risk of people becoming too comfortable when things are going well. But I am not overly concerned about this at the moment with HNZ. Definitely something to watch out for though.
I do recall MAC saying exactly the same about SUM quite some time ago and in hindsight I think he was right.
Reading through the above I'm really enjoying this great shareholder camaraderie... lets all pat ourselves on the back a lot BUT, (and I absolutely HATE pointing out the fly in the ointment but feel compelled too nonetheless), before we all get too smug when does the overhang of the shares issued for the HER acquisition come off escrow ? Isn't it April 1 ? and wasn't it about 10% of the companies shares ? and I know for a fact that they're on record as saying they want to sell so that's quite a big overhang for the market to absorb shortly especially in tandem with accident compensation corporation who seem to be selling flat-stick.
On the other hand maybe ACC are selling down so they're well positioned with cash to participate in a near term placement and maybe if there is a placement of these overhang shares that's an opportunity for one of the other "banks" to get a sizeable foothold...not that I want a takeover. Agree with Iceman that on an objective basis taking into account risks and rewards, HNZ even at the current price ex divvy are very good value relative to an otherwise fully priced market.
Disc, I wouldn't mind raising my stake a bit but would like to see the over-hang done and dusted first.
To balance this somewhat objective post out with some natural shareholder bias, which I also feel compelled to do, did I mention that we are very well positioned :D
P.S. Go the Blackcaps !!
VERY WELL POSITIONED we are and Percy you have a lot to answer for!!
Only been really interested in HNZ price movements since last August. It was pretty boring before that wasn't it.
So heavily overweight HNZ as well as being seriously morally and ethically compromised in egging a bank on to do well (feel a bit of a hypocrite I do) I need to keep a close eye on the charts. So the good old linear regression channels come into play
Since August last year price going up at the rate of 1.2% a week. Good. But been weak over the last 6 weeks and now time is the enemy if it stays around this price for much longer.
Needs a boost soon or else winner will start selling down ..... only like holding things that keep going up.
Chart shows what I mean