You'll recognize him as the only moose in the bar with one antler missing(See my last post on Dil thread)
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I would like to recommend an android app called JStock - it will let you accurately keep track of your stocks, including averages asked the like. Can also save to cloud. It's fantastic..unlike ASB's useless portfolio system!
Edit: only mentioned because you shouldn't have to call your broker to find out your averages* :)
Can anybody give an update on the depth of this stock. Finally the market recognising the value.
Heartland has gone through my fair value price of 94c. However, given a dividend is close you might add a couple of cents to that, bringing fair value to 96c. I do know that one major broker has recently changed their attitude to Heartland. It is now seen as an up and coming New Zealand bank, a safe looking yield investment, with little political risk. As a result those rich grannies and grandads with a few bob to invest are now being steered into Heartland. I hope for the sake of those grannies and grandads who lost a shirt or two when the financial sector collapsed following the GFC, that the brokers are right.
Actually not much has changed. No profit upgrade. The worst of the bad debts are still there even if the selldown of the easier stuff has made it appear that Heartland are getting their loan book under control. Even I might invest when the annual report comes out and we can really see what box those bad loans have been put in. And hey, with enough investor enthusiasm Percy may have to pay up on his liquid Heartland hedge.
I heard an item on the news this morning that what was purported to be abominable snowman DNA has been matched to an extinct(?) polar bear. I wonder if that is any relation to the 'Cool Bear' on this thread? I wonder if Percy realises just how much beer a yeti can drink?
SNOOPY
I have grave misgivings about the beer drinking capacity of one rather large "Cool Bear."!!??
In a moment of share madness today I also offered to pay for "Moosie's" beer without any regard to Heartland's share price.
Luckily I am having a day in Auckland on Tuesday, which with a 6.30am flight, should help clear my mind of "silly thoughts."
Should you be passing Trevinos on Wednesday night, please do not "lift a leg" on the poor forlorn old sod , standing outside looking into his empty wallet.!