sharetrader
Page 781 of 792 FirstFirst ... 281681731771777778779780781782783784785791 ... LastLast
Results 11,701 to 11,715 of 11870
  1. #11701
    Remember
    Join Date
    Jan 2013
    Location
    Wellington
    Posts
    100

    Default

    Quote Originally Posted by Snow Leopard View Post
    I got an email from Link Market Services about the DRiP with a link to click to sign up for it.
    That took me to the single holding sign in and once in it then told me that I needed to do a full portfolio sign in to join the DRiP. It is little things like this that drive you to despair!
    I think you should feel hard done by, I had to just put in my FIN and tick a box. The easiest method of signing up to DRIP I've found.

  2. #11702
    Member
    Join Date
    Oct 2002
    Location
    Tauranga NZ
    Posts
    209

    Default

    Quote Originally Posted by kiwico View Post
    I think you should feel hard done by, I had to just put in my FIN and tick a box. The easiest method of signing up to DRIP I've found.
    Agree Easy as

  3. #11703
    Advanced Member
    Join Date
    Aug 2012
    Posts
    1,646

    Default

    Quote Originally Posted by Baa_Baa View Post
    Interesting how few loans referenced in that article (small market for the size of Oz?) and the ASIC comments to avoid! No wonder the big banks shying away, they're experts at risk avoidance.

    I've not thought too much about Heartlands foray into the Oz market as I've been solely focused on monitoring the SP for a decent re entry price. But now I'm wondering whether it's becoming one of those 'ethical investment' questions....
    The old “ethical investment” question. It often depends on your “personal ethical priorities”. For some, ensuring companies produce environmentally friendly products and pay their workers a living wage is an ethical question. There are the obvious issues to ponder according to one’s personal ethics. However the big issue should be that the company has a licence to operate and complies with all laws and regulations as promulgated by our legitimate authorities. Anything else is according to your personal ethics.

    For me, if the borrower receives independent advice and and is of sound mind is important. They should then have the choice to take out a reverse mortgage, even if some others may think the interest rate charged constitutes unethical (according to them) usury.

    A great proportion of New Zealanders have most of their equity wrapped up in their home. This concentration of NZ household wealth in residential land has happened as a result of the NZ investment and tax environment. The homeowner should be able to access this locked-in equity if they want before they die. The company providing the service should be able to charge interest for enabling this to happen.

  4. #11704
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    The Bank part of Heartland Group probably needs more capital (Equity that is) if this goes ahead

    http://www.sharechat.co.nz/article/e...-from-rbnzhtml
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  5. #11705
    Senior Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    663

    Default

    Quote Originally Posted by winner69 View Post
    The Bank part of Heartland Group probably needs more capital (Equity that is) if this goes ahead

    http://www.sharechat.co.nz/article/e...-from-rbnzhtml
    I knew they would need more capital to keep paying those lovey divies. I am quite happy if they kept the divie as is and kept extra money for expansion. Of course this bank will end up swallowed up by someone else eventually

  6. #11706
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Posts
    223

    Default

    Quote Originally Posted by winner69 View Post
    The Bank part of Heartland Group probably needs more capital (Equity that is) if this goes ahead

    http://www.sharechat.co.nz/article/e...-from-rbnzhtml
    Article suggests Heartland Bank would need 15% capital adequacy ratio, and I assume it is correct.

    Historically Heartland Bank, both when it was bank owned by HNZ and when it owned everything ran at 13.5% plus.
    Come Feb we will, hopefully, find out where it sits now that is owned by HGH, but I can imagine that it is not far off meeting a 15% requirement.

    But we will have to wait and see what comes about.

    Time to make Tuna Sandwiches for tea .
    om mani peme hum

  7. #11707
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    I’ll get Snoopy to assess how much more capital Heartland Bank might need to reach new ‘rules’
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  8. #11708
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    352

    Default

    That would explain the shareprice weakness. Makes the new set up a good move

  9. #11709
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    Quote Originally Posted by horus1 View Post
    That would explain the shareprice weakness. Makes the new set up a good move
    Might be able to reallocate / transfer some of equity allocated to the non-banking group to the banking group to shore up the banking group (or some other financial engineering) — sneaky eh
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  10. #11710
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    12,162

    Default

    Quote Originally Posted by winner69 View Post
    Might be able to reallocate / transfer some of equity allocated to the non-banking group to the banking group to shore up the banking group (or some other financial engineering) — sneaky eh
    More like easy peasy.
    Could even alter the ratio on a daily basis,making the most of their capital.
    Clever CEO our Jeff.
    "What capital ratio do you want today Adrian"?
    Last edited by percy; 15-12-2018 at 12:00 PM.

  11. #11711
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Posts
    223

    Default

    Quote Originally Posted by winner69 View Post
    I’ll get Snoopy to assess how much more capital Heartland Bank might need to reach new ‘rules’
    Something to look forward to
    om mani peme hum

  12. #11712
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    It’s going to take years before anything needs to be done ..that 15% mentioned is by 2025 or something

    No worries
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  13. #11713
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    12,162

    Default

    Quote Originally Posted by winner69 View Post
    It’s going to take years before anything needs to be done ..that 15% mentioned is by 2025 or something

    No worries
    Never has been.

  14. #11714
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    Quote Originally Posted by percy View Post
    Never has been.
    From a regulatory POV I agree ....but from a prudent / risk POV some would say there are some worries ....the world is too highly leveraged and has become complacent ...like no worries nothing can go wrong
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

  15. #11715
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    22,200

    Default

    Quote Originally Posted by percy View Post
    Never has been.
    From a regulatory POV I agree ....but from a prudent / risk POV some would say there are some worries ....the world is too highly leveraged and has become complacent ...like no worries nothing can / will go wrong
    “I know that I am intelligent, because I know that I know nothing “ — Socrates

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
  •