HGH - Heartland Group Holdings

[X-men]

If full year profit is more than $85m....that would be exciting!

[winner69]

Westpac NZ profits doubled in H1

Wrote back a chunk of previous bad debt provisions ....and NIM increased

All bodes well for Heartland

Whose going to guess npat close to $100m this year ...rather than their own guess of $85m

[X-men]

happy with the target 85m...

[Snow Leopard]

Westpac NZ profits doubled in H1

Wrote back a chunk of previous bad debt provisions ....and NIM increased

All bodes well for Heartland

Whose going to guess npat close to $100m this year ...rather than their own guess of $85m

Thought you would have posted: "Jeff will make sure it comes in near target and then forecast a nice jump for next year."

[winner69]

happy with the target 85m...

Suppose $85m is pretty good v $72m in 2020 - that's up 18%

Thanks snowie for reminding me - Jeff will see 2021 is maybe $85.2m ....and maybe talk high 90's for 2022

[Scrunch]

Westpac NZ profits doubled in H1

Wrote back a chunk of previous bad debt provisions ....and NIM increased

All bodes well for Heartland

Whose going to guess npat close to $100m this year ...rather than their own guess of $85m

Agree. Westpac's result and general economic commentary should mean the Covid overlay taken last year is released. Will probably get commentary about the lower underlying result so as to set up 2022 as an increase on this 2021 underlying result, not a possible decrease on circa $100m npat.

[X-men]

https://www.nzherald.co.nz/business/...5DSCHLITQ3CL4/

I reconk profit upgrade is coming soon

[winner69]

Global Dairy Trade overnight ...prices basically flat

Just like Heartland share price at the moment

[LaserEyeKiwi]

ANZ just reported interim result - big gain from reduction in credit impairment balance:

http://nzx-prod-s7fsd7f98s.s3-websit...670/345379.pdf

Interim dividend of 70c to be paid - almost back to normal (pre pandemic it was 80c per half year)

4.5% forward dividend yield is pretty good in current internet rate environment - but of course HGH will be quite a bit better (fingers crossed)

[Greekwatchdog]

Update https://www.nzx.com/announcements/371895