Put your "property" money on deposit.
The money made on property is made in the buying,so you need your funds on hand.
Remember the old sharemarket saying;"A long term investment is a short term one that did not work out."
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Hmm.. Need to look at doing this too... Been a bit busy this week due to a new four legged barking machine joining the household..
Does seem abit of a pain in the arse ..think they could come up with a way to automatically move holdings over to the new ticker code... I assume I have to change my portfolio holding over in ASB securities as well manually ? May ask them about it on Monday..
The problem is that Heartland Bank (HBL) did not change its name to Heartland whatever it is today (HGH).
Heartland Bank still lives and is the issuer of the HBL010 thingies.
So, correctly, Heartland Gross overHeads (HGH) is a new company and the NZX et al are treating it as such.
Luckily I am master of my own software and have treated it as yet another name change with continuity of data.
Check with percy and winner - they both told me (when I complained) that HBL's latest name and ticker change is the best thing since the invention of sliced bread ... must triple the share price or something.
I doubt they can help you, but they might be able to cheer you guys up ;);
Always interesting seeing how much skin directors have in the game.
Greg Tomlinson has $83.66 mil.............
Chairman Geoffrey Ricketts [and mates] $20.56 mil.
Together over $100mil.
Other directors and management also have large holdings.
Growth opportunities in Australia.Yes thank you, we will help ourselves to them.
Get the right one mate and its the ultimate investment. I'm convinced one of my dogs that cost $995 is worth $1m now, but I could be "slightly" biased through emotional attachment ;) Some of the "dividends" Basil leaves on the deck aren't especially rewarding though lol
Not sure what came over me on Friday but I bought a few more of these fancy new group holdings things.
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.