[QUOTE=Left field;751168]Pleased to say I'm with you on this one! :t_up:
(Only 2% of my portfolio and looking to add more on any dips)[/QUOTE
Roughly 15% of my portfolio and growing hehe
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[QUOTE=Left field;751168]Pleased to say I'm with you on this one! :t_up:
(Only 2% of my portfolio and looking to add more on any dips)[/QUOTE
Roughly 15% of my portfolio and growing hehe
NZX chart appears to be badly wrong for some bizarre reason ... 30 day SP shown as moving between 2.312 and 2.718!
Not too sure quite what they're smoking ...
Blocky has just ticked the box for DRP, even after the spanking I took last year when I seem to remember the price was a little north of $2. Surely come out on the winning horse this time ??
So have I blockhead, very confident in Heartland's performance at this point.
Did not take them up on their first DRP. Have done so on all subsequent dividends.
" As Albert Einstein once said, “the most powerful force in the universe is compound interest.” The power of compounding is amplified, not reduced, by rising rates."
I think he was right :-)))
I am with you Blocky, and with a few others by the sound of things. My reasoning is a little different though. I want to accumulate more Heartland shares. But I don't want to pay too much for them. If I can pick up some more shares in the DRP for around $1.52 or less - and save some brokerage - I will do so. However, if the likely DRP share price rises above that figure I will cancel my participation in the plan. I don't care what the trend is doing. I am after value, pure and simple.
I reckon hoping for a share price a little north of $2 (almost twice asset backing) is backing an outsider.
SNOOPY
Happy lying in my hotel here in hong kong knowing my divy is paying for my holiday.....should be in china but they classed me as an undesirable alien and wouldnt let me stay even tho honk kong is governed by china...go figure
Glad to see I'm not imagining things ...
https://www.nzx.com/announcements/331945
Interesting. The NZX has managed to transpose the historical HBL financials onto the new HGH data.
With the market now fully informed I would be very surprised if there is not a substantial SP improvement. ie At $1.50 the net yield is 6% (8.333 gross) :)
AU $ 50mil medium term note issue should help fund a good few more Aussie RELs.