HGH - Heartland Group Holdings

[Snow Leopard]

Snoopy I only understand the point of your post if I assume that you do not understand the difference between funding ongoing operations and funding acquisitions.

Basic stuff

Best Wishes
Paper Tiger

[percy]

The acquisition is making good use of the $28.3 mil Heartland had sitting in their "petty cash tin".
So the acquisition price is paid by $28.3 mil petty cash,Cap raising, modest, $20 mil and the issue of $38.7mil worth of shares to the vendor at 90cents per share.
Looking very good.
Now we have to watch that the eps grows.
Still think they will be paying 2.5 cents per share divie.

[janner]

Still think they will be paying 2.5 cents per share divie.

Would prefer they did not pay a Divie perc..

Those funds could have better use in their New Venture. IMHO..

[percy]

Would prefer they did not pay a Divie perc..

Those funds could have better use in their New Venture. IMHO..

Well I have joined all those shareholders who have elected to go for dividend re-investment,yet I feel it is a good discipline that they pay a divie.Makes directors realise the point of being in business,ie they act on the owners behave.The owners can then chose cash or reinvest.

[winner69]

The acquisition is making good use of the $28.3 mil Heartland had sitting in their "petty cash tin".
So the acquisition price is paid by $28.3 mil petty cash,Cap raising, modest, $20 mil and the issue of $38.7mil worth of shares to the vendor at 90cents per share.
Looking very good.
Now we have to watch that the eps grows.
Still think they will be paying 2.5 cents per share divie.

They said EPS accretive so EPS accretive it is

(Note record of companies saying eps accretive and not delivering doesn't seem that good ....but I know this time it is different)

Pity the share price wasn't over a buck .... would not have had to issue that many

[percy]

EPS accretive is excellent news.!!!
The record shows they do what they say they will.
In an earlier post I said I was looking forward to an acquisition before the interim result announcement.Got it,!!!! and a lot better acquisition than I was expecting.
At $1.25 or more they would have issued even fewer.!!!

[janner]

As usual perc.. You are correct.. I am in the DRP.. So my divie will be re-invested..

Those that invested for returns will be happy..

Shed a third late last year.. Not unhappy about that.. Made a good percentage ..

Will be looking to accumulate when full figures and facts come to light..

[janner]

Oh !!.. Did you enter in this years comp Perc ??


:-)))))))))))))

[percy]

Oh !!.. Did you enter in this years comp Perc ??


:-)))))))))))))

Yes coming 12th.That is the Australian comp.!!! lol. Embarrassed to look at the NZ comp.!!!!
Pleasing that you retained two thirds of your holding.Selling a third would have brought down your average cost nicely.
My average cost is increasing with each new purchase.

[janner]

Yes coming 12th.That is the Australian comp.!!! lol. Embarrassed to look at the NZ comp.!!!!
Pleasing that you retained two thirds of your holding.Selling a third would have brought down your average cost nicely.
My average cost is increasing with each new purchase.

Yes it did perc.. It was in a channel 86 88 86 88 sold at 87..

Made a good percentage ( which it is what it is all about ).. on the re-investments..

Face it .. HNZ has gone up .05 cents at most since sale.. .87

$5000.. Made more than that..

BUT !!.. Time to re-consider.. Will be accumulating ;-)