Chris Lee, hello, come in Mr Lee, have you returned from bronzing yourself in Malta yet? Can't wait to hear what the great one has to say about this. Probably something along the lines of it being very responsible etc etc, a la his line on St Laurence and Dominion/North South - the other recent finance companies to collapse that 'the Sage of Otaki' has put his clients into.
Of course this this would not have had any effect.
"Mr Hotchin and fellow shareholder Eric Watson, who took a $41 million dividend from Hanover for the year to June 30, said they have pledged continued support for the business."
Chris Lee, hello, come in Mr Lee, have you returned from bronzing yourself in Malta yet? Can't wait to hear what the great one has to say about this. Probably something along the lines of it being very responsible etc etc, a la his line on St Laurence and Dominion/North South - the other recent finance companies to collapse that 'the Sage of Otaki' has put his clients into.
I haven't seen Chris Lee recommending Hanover for a long time. He wouldn't even give them a a rating.
An early May quote from him
" I have removed Dorchester, the Hanover group and Dominion Finance/North South Finance from a rating, as all face changes that may be good news, but are as yet unknown."
Of course this this would not have had any effect.
"Mr Hotchin and fellow shareholder Eric Watson, who took a $41 million dividend from Hanover for the year to June 30, said they have pledged continued support for the business."
quote from nbr article.
yeah right....this will be the tui comment of the year....will be very interesting to see how far back the wobble started...prior divi scoop...further cheap houses around..
Hanover
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Originally Posted by Xerof
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