sharetrader
Page 792 of 792 FirstFirst ... 292692742782788789790791792
Results 11,866 to 11,870 of 11870
  1. #11866
    Gnawing on Bones Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    11,656

    Default

    Quote Originally Posted by ziggy415 View Post
    Heartland already has a banking facility with cba bank for its reverse mortgage book so why not a little more and take cba reverse mortgages off their hands....over the years as cba has less repverse mortgages left the cost to administer these will In crease so why not on sell to heartland now
    My rating BBB+, Beagle Busy Buying
    Dairy prices rising nicely lately so HGH's SP is highly likely to follow. Sounds ridiculous but the historical correlation between the two provides startling evidence over a very considerable period of time supporting this rather bizarre proposition.
    Some of the American banks had a huge night overnight on Wall St, who knows, maybe HGH spending time in the doldrums,is nearly at an end.
    Last edited by Beagle; 17-01-2019 at 11:21 AM.
    No butts, hold no mutts, (unless they're the furry variety).

  2. #11867
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,210

    Default

    Quote Originally Posted by iceman View Post
    No question that this part of the business is looking very rosy and exciting. The growth requires a lot of cash. That borrowing and meeting the potential new RBNZ liquidity requirements will require very careful balance sheet management. Personally I think suspension of dividend should be one of the many options considered but realise this will not happen. But maybe they could raise the DRP discount a little more to entice us SH further to sign up for it !
    The last DRP didn’t even make up for the $15m reduction in equity from the increased doubtful debt provision needed to comply with new accounting standards
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  3. #11868
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    12,163

    Default

    Quote Originally Posted by winner69 View Post
    The last DRP didn’t even make up for the $15m reduction in equity from the increased doubtful debt provision needed to comply with new accounting standards
    Comparing a "one off" [to comply with new accounting standards] to an "ongoing" DRP is misleading.

  4. #11869
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,210

    Default

    Quote Originally Posted by percy View Post
    Comparing a "one off" [to comply with new accounting standards] to an "ongoing" DRP is misleading.
    All I was saying that that share equity was reduced because of the increased provision .....and the new capital from the last DRP wasn’t enough to get shareholder equity back to where it was.
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  5. #11870
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    12,163

    Default

    Quote Originally Posted by winner69 View Post
    All I was saying that that share equity was reduced because of the increased provision .....and the new capital from the last DRP wasn’t enough to get shareholder equity back to where it was.
    Agreed,however the affected shareholder equity is at HGH,not necessarily at Heartland Bank.
    Perhaps the interim report will give us more clarity as to what equity HGH are confortable with.[We know already what the bank's equity has to be].

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •