You are probably right. I don't understand everything. Glad though I'm in good company with that problem :D
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Global Dairy Trade prices continue to slide. Whole milk powder down nearly 3%
Prices have been trending down all year with no sign of a turnaround ......just like the Heartland share price
Whole Milk Powder price chart looks like the Heartland share price chart
Up, up and then down down down .....
Spooky as
From NZ Herald report — Whole milk powder dropped 2.9 per cent to US$2,655 a tonne. That's the lowest price since August 2016, according to NZX dairy analyst Amy Castleton.
Heartland share price hit $1.54 back in August 2016 ......current share price almost ‘the lowest price since August 2016’ as well
Spooky
You did beat me to that ;) - I guess who wants anyway to hang around for such a long time with such a boring name just associated with share price drops?
Maybe they could try instead something like ROC - Rural Online Capital Supply? or how about WRM - West Island Reverse Mortgages?
Would be one ticker change per month enough to satisfy the fans?
Relax - I still think they are a good company, but their latest name (and particularly ticker-) change just shows how easy it is for even a good company to lose the focus on what's important ...
What they really should focus on is better customer access (including online experience), better customer care and probably better marketing. Ticker changes don't help with any of that.
Todays directors and management disclosure notice, just shows how much "skin in the game" they have.
Most reassuring.
I got to thinking with all those HIGH level holdings they might have got the name change wrong and it should have been Highland Group Holdings Limited...sounds a lot more posh doesn't it :)
Actually speaking of things Highland, you got your bagpipes and tartan kilt out and all ready for Saturday Percy ? http://hororatahighlandgames.org.nz/
This Beagle wouldn't mind getting his snout into the Hororata pie eating competition...that sounds like really tasty fun :D
For those of us that can't get down there...Enjoy https://www.youtube.com/watch?v=PSH0...&start_radio=1
A great community event.
I am happy with HGH's name.
I think they have their branded themselves well.
Harmoney hits $1 Billion in lending, $ 750 in NZ and rest in Aussie. Interestingly the book is largely to 30-49 yo and skewed towards homeowners (45%) and skilled office workers and professionals (37%). 75% funded by institutional investors. Would be interesting to know how much HGH has lent to them.
https://www.interest.co.nz/news/9677...ew-zealand-and
This thing acting like a real dog also, if it wasn't for the dividend it would also be out of the kennel.PS-Even with the dividend it might still get the boot.