Anyone know when we should expect the DRP price announced?
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Anyone know when we should expect the DRP price announced?
Winner why didn't you exit @ say $1.40?
Many TA people would say I should have but essentially I like doing medium to long term trades rather. Than reacting to short term volatility. As long as the price is trending up (preferably strongly) I stay in. Sometimes these trades can last for years.
Suppose I am saying that the bottom channel line is my sell trigger (stop loss) and as long as it above that line all is honky dory. As said before I don't always immediately react to 'triggers' and am rather undisciplined in that respect.
With HNZ I will start to get ready to lighten up if the bottom line is hit. Hopefully not until closer to $2 plus.
Could have avoided that question of yours if I had included both top and bottom extremities in the channel (book says I should) but my methodology is to try to tighten the channel up that covers a large % of the price activity, on the assumption that at times things go wonky like the sudden rush to buy post announcement that pushed the price up to $1.40.
That's my story and I sticking to it.
Medium - long term you may be right, but for me I don't like that the bollingers are narrowing, with the lower band likely to be penetrated soon, or where the MACD is heading and the thinnish of bids currently. The fact that there is possibly insto bids sitting on the bid screen, while offloading at 132cps is a tad concerning.
Only responding to short term technical indicators.
Institutions positioning themselves for a placement of HER vendor shares soon...as simple as that, no need to make it more complicated than it is.
OMG - Interim Report has the Chairmans /CEO Report in Maori
Diversity starting to mean something for Heartland
Next time we need it in girl talk .... not all those wishy washy warm fuzzy buzz words
Percy - what's well positioned in Maori (used twice)
Page 10 of the Interim Report is good
Net interest margin not mentioned in any of half year announcements or the Interim Report
Can only assume the much touted consistent margin growth has ended and margins are now contracting .....and we don't want to talk about any more. No more pretty graphs
Jeez if they fall back to what other banks achieve we are in trouble.
Competition hotting up. SBS see to have great plans.
Not sure what you are worried about. Management have stated for quite some time that margin growth will slow. They have been a bank for a while now, so the interest rates they pay to deposit holders are not going any lower. There were no graphs in the interim report last year either.
SBS is getting into 10 year mortages. Not a HNZ business. What else are you concerned about?
This gives some idea of SBS plans. Their CEO seems pretty dynamic sort
http://www.stuff.co.nz/business/indu...with-big-plans
They say they little ..... ut I was surprised that are not that much 'littler' than Heartland
Always good to keep an eye on the competition
All seems okay to me. NIM probably down a bit but that will reflect the change in lending mix with HER loans being power margin.
Lending growth looks sound. They seem very confident of meeting their forecast of $46-48m. Forecast about 10.2 cents EPS and at $1.30 they're on a 2015 PE of 12.75 times which seems cheap for a bank growing weighted average EPS at 13%. Plenty of talk of growth to come in the years ahead. I think Institutions are playing silly buggers with the SP so they can grab themselves a bargain in a potential forthcoming placement regarding stock overhang I previously mentioned.