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  1. #15401
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    Quote Originally Posted by jimdog31 View Post
    Remind me what was their target?
    $ 1.85 ....underperform ...

  2. #15402
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    Quote Originally Posted by alokdhir View Post
    $ 1.85 ....underperform ...
    Ouch. What was their latest guidance?

  3. #15403
    ShareTrader Legend Beagle's Avatar
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    Forbar have been negative on Heartland all the way from $1.30 in Nov 2020 and been wrong all that time.
    Consensus target price is $2.23 https://www.marketscreener.com/quote...144/consensus/
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  4. #15404
    Advanced Member Entrep's Avatar
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    Broker targets are complete bs and mainly based on companies they want to do raises for etc.
    BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!

  5. #15405
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    Banks did not sell off today after OCR statement and they are usually linked to the AUS market anyway.

    HGH probably not so linked.

  6. #15406
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Entrep View Post
    Broker targets are complete bs and mainly based on companies they want to do raises for etc.
    Any price targets are complete bs (if they are taken as a forecast) - brokers are in that regard neither better nor worse than anybody else defining a price target. Has something to do with Ben Grahams statement that NOBODY is able to predict future stock prices. This does include brokers.
    Last edited by BlackPeter; 25-05-2022 at 04:38 PM.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  7. #15407
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    Quote Originally Posted by Waltzing View Post
    Banks did not sell off today after OCR statement and they are usually linked to the AUS market anyway.

    HGH probably not so linked.
    Why would banks sell off after a rates hike? Higher rates higher NIM usually

  8. #15408
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    "Higher rates higher NIM usually"

    one wonders why FOO BAR is not in favour of this stock.

    NIM up, one hopes so.

    But WBC, ANZ are AUS price driven.
    Last edited by Waltzing; 25-05-2022 at 05:28 PM.

  9. #15409
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    HGH with good long term borrowing at low rates should be in a very nice position right now especially for their reverse mortgage book
    SCOTTY

  10. #15410
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    Quote Originally Posted by winner69 View Post
    Conjecture over on HMY thread that Heartland might have to face up to a $5m hit on their Harmoney investment when June numbers come out

    HMY share price down 40% since December 31st when Heartland last did a fair value number

    Got some at $2.08 but not sure..... might decline further if there is a correction...
    Last edited by newbieinvestor; 31-05-2022 at 12:19 PM.

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