We remain "well positioned," with eps increasing in the 9 months from 8cps to 9cps.
Very strong cash flow.
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We remain "well positioned," with eps increasing in the 9 months from 8cps to 9cps.
Very strong cash flow.
Nice article on Heartland Bank.
http://www.nzherald.co.nz/business/n...ectid=11857621
Gosh...I had to go back 4 pages to dig out the Heartland thread, very quiet, what's going on Percy :)
http://www.stuff.co.nz/business/9302...-smaller-banks
Nothing to say or report...........................however that may well change after I have heard Jeff Greenslade and Chris Flood present at Hobson Wealth on Wednesday night.
After last year's presentation I brought more.
Very profitable move .
Watch this space....lol.
Sharp downturn in bank home lending. If banks have $$$ looking for a home, will they be looking to other lending opportunities. (Yes of course!) More to the point, will they be looking at Heartland's key sectors and offering better deals to secure. And how much of a risk is it to HBL.
Percy, worth asking at next week's presentation?
https://www.interest.co.nz/news/8794...h-year-ago-new
Just had a look at all the charts of the Australian banks I follow. Every one of them I follow including the smaller banks like BOQ and BEN have been slammed since the Australian Govt announced their new tax on deposits. Market very unhappy with this new policy...meanwhile HBL sails along unaffected :) Australian Govt books in a real pickle...wonder if this is just the start of a broader and deeper reach of new taxation on Australian corporates or whether the initial tax rate is just the thin edge of the wedge to get the banks used to being stung before they really sink the boot in ? Either way, it appears HBL shareholders are "well positioned"