Yeah and stuff micro managing a stock I'm confident in and doing most things right in a glass three quarters full way.:scared:
What about the reverse mortgages ehhh are they getting ahead.
Printable View
Yeah and stuff micro managing a stock I'm confident in and doing most things right in a glass three quarters full way.:scared:
What about the reverse mortgages ehhh are they getting ahead.
Going off the extremely positive tone in the half year report I think its clear they are being very, very conservative with their forward guidance for the full year.
One suspects when they actually announce the profit result in due course, (as well as issuing forward guidance for the 2016 year, HNZ are really good with forward earnings visibility like that), we'll see the price move materially higher.
Patience is an essential ingredient to any carefully crafted investment plan :)
Well, it definitely looks as though a change is due.
Going by the under promising I think its likely a zig is following the zag.
Still wonder why they have this high rate (maybe buying new business?) but then we forget that they aren't really a bank (in the traditional sense) but more of a finance company where paying high rates for money is the norm.Quote:
Percy (on another thread) Wonder when the Germans will wake up to Heartland Bank's 4.5% on call a/c.?
On their own admission (at least that of the head finance man at the time) becoming a Bank was just a marketing ploy which brought a bit more credibility in the eyes of punters. Better to say you are a Bank than having to get the likes of Dougal Stevenson or Colin Meads to say you are a good place to invest.
Maybe deep down they still have this finance company mentality?
Might try out Chelsea's Romesco recipe that appears in the latest Heartlander
Top companies with women on boards perform better, research finds
http://www.smh.com.au/federal-politi...22-1mqsm2.html
Heartland NZ Limited 1 out of 7
Heartland Bank 1 out of 8