A very good result coming out in 4 to 5 weeks so no worries long term
The expected rerating down because of the ‘riskier’ group structure continues
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A very good result coming out in 4 to 5 weeks so no worries long term
The expected rerating down because of the ‘riskier’ group structure continues
I also have a paper loss - but $1.33 was so attractive that I pinged off some STU at a loss and popped the HGH order in @ $1.33.
4:00 pm came and and the last order seemed to go through @ $1.34.
Blow me at 5:00pm I get an email confirming the buy at $1.32
Strange but it pays the brokerage.
Yes looking forward to some reaffirmation of guidance.
The market either knows something I don't, or the market fears something I don't.
HGH's half year result announcement is due early February,and should confirm my confidence "all is on track".
TRA's divie is due at the end of this month.No sure when their next update will be..
Fear of the bear.
Funny HGH sp went down, as milk prices went up.????? ....lol.
Must prove people fear "The Bear" more than they love "The Cow."...??????????????
The cure is continuing solid earnings.Always has been.
No worries with RELs mate
Company spokesman person Percy would refer to you pages 35 to 39 being the section on Stress testing RELs in this presentation
http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf
Last page below
Part of that presentation is very much like one’s CBL Insurance produced ....designed to make sophisticated complex things clear as mud
No "sophisticated complex things" at HGH.
Any comparison to CBL is misleading,and mischievous.
Should any one bother to check,I did warn, as was pointed out by BlackPeter's post; #125 page 9 on CBL Insurance IPO thread 8/4/2017,of huge disasterous underwriting losses breaking insurance companies,because I had read the history of Lloyds.
HGH is a simple business model,run by directors and managers who tell shareholders what they intend to do,then they do it.
Too complicated for me. All one needs to know (really) from HGH is :
Given the actuarial spread of RELs portfolio, what would be the impact on HGH's profitability and financial position of another 10%, 20% and 35% fall in Oz property prices.
https://www.theguardian.com/australi...australia-down