A momentous announcement that will explain all....
Quote:
Originally Posted by
Beagle
Just as well HGH not in the line of fire and with a similar PE to the Aussie banks and not liable for massive fines like them then HGH does seem to me to be at the very least, good value at present. Forward PE about 11 and gross yield assuming 9.5 cps this year (13.2 cps gross) 9.5% at present.
I wonder why they are still languishing ?...those numbers look pretty good to me.
This really should have gone through the stock exchange first as the effect on the share price will be so profound. But I thought you guys on the forum deserve this heads up. The reason why the HGH share price is languishing is that as of earlier this week .... drum..roll....Snoopy has become ..."a Heartlander"!!!! Yes folks it is really true. All my concerns about the operational issues at Heartland remain. But at a price under $1.40, even if my worst fears come to pass - and Australian Reverse Equity business chokes, - then that circumstance is built into the share price already. I think the digital initiative has legs and I will look forward to following in the footsteps of Geoff and Jeff going forwards from here. So far this is only a foot in the water exercise. My plan was to buy in and wait for the share price to fall (that is what usually happens when I buy into a company for the first time) and buy a bigger stake after that -heh heh heh. But the plan has gone wrong because the share price hasn't collapsed! I think that given my circumstance you existing shareholders are lucky the share price is sticking where it is!
SNOOPY