HGH - Heartland Group Holdings

[RTM]

Hard for me to fathom why HBL is up to $2.07 a day before bookbuild (remembering the price the day before the bookbuild is upper limit) the cynic in me says manipulation....but that wouldn't happen on the NZX would it ?

http://www.nzherald.co.nz/business/n...ectid=11953403

Some of this might be reflecting onto HEARTLAND.

[janner]

Not good really.

Price becoming erratic..

So many do not really understand HBL..

Disc. Hold.... Onwards and Upwards..

[winner69]

Hard for me to fathom why HBL is up to $2.07 a day before bookbuild (remembering the price the day before the bookbuild is upper limit) the cynic in me says manipulation....but that wouldn't happen on the NZX would it ?

On a price to book value basis current price much in line with what it was a month ago - market adjusting for the increased equity.

[iceman]

On a price to book value basis current price much in line with what it was a month ago - market adjusting for the increased equity.

And all that increased equity needs to have a good return eh winner. An upgrade early in the new year to maintain the outstanding ROE ???

[winner69]

And all that increased equity needs to have a good return eh winner. An upgrade early in the new year to maintain the outstanding ROE ???

Market thinks they will ...that's good. If so $65m won't be enough.

But give them a bit of time - it's all calculated on a weighted average basis anyway

No worries ...except that too many might hock off their cheap shares. No longer term view those punters ....just in for a quick buck

[minimoke]

Too late to buy / sell now. In a trading halt until book build done.

[beetills]

Didn't participate due to being unemployable and the failure of Forestlands to pay out.
Have enjoyed the ride over the years especially having shares in CBS and buying more at around 55c some years ago.
Will probaly have sell out sometime in the future until then its all good.

[blockhead]

$2.02 for any extras in the bookbuild, hardly a rollicking bargain, lets see if the sp holds up after halt finishes

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...803/271622.pdf

Nice professionally handled capital raise that was fair to all parties. Other companies would do themselves and their shareholders well by taking note of how well this was handled and when the times comes following a very similar methodology. SP was well supported throughout the process at and around just over the $2 mark so the book build price shouldn't be a real surprise to anyone.

[percy]

http://nzx-prod-s7fsd7f98s.s3-websit...803/271622.pdf

Nice professionally handled capital raise that was fair to all parties. Other companies would do themselves and their shareholders well by taking note of how well this was handled and when the times comes following a very similar methodology. SP was well supported throughout the process at and around just over the $2 mark so the book build price shouldn't be a real surprise to anyone.

Agree,very well run capital raise.I am sure other companies will take notice.
Well the book bind price was a very big pleasant surprise to me.!