HGH - Heartland Group Holdings

[Snow Leopard]

The SP is really in the doghouse these days and the over exhuberance of $2.14 so faraway, and yet they have a grand conglomerate name and are listed on a real stock exchange (ASX).

Whilst I still hold a few I kind of regret not selling them all.

But then, a bit more of a drop and it could be buy time.

[winner69]

Q1 profit up 8%

Unusual for Heartland a mistake in their presentation ...page 14

http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf

[winner69]

Current market Price to Book value of 1.35 times

Reasonable ......but share price sub 140 still possible to complete that H&S chart pattern

[percy]

HGH's Investor Day Presentation is a must read.Reverse Equity Loans fully explained.
Perhaps a kind poster will post the link here.

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf Don't want the Irish housing crisis stress test to play itself out do we Percy

SP and whole milk powder price inextricably related so SP will continue to track that Seriously though, there is a strange correlation but nonetheless the contents of the investor day presentation at first glace look sound. Disc: Holding for gross yield (assuming they lift dividend this year to 9.5 cps) of (9.5 / 0.72) / 152 = 8.7%.

[forest]

HGH's Investor Day Presentation is a must read.Reverse Equity Loans fully explained.
Perhaps a kind poster will post the link here.

http://nzx-prod-s7fsd7f98s.s3-websit...018/290747.pdf

[percy]

Thanks Beagle and Forest.
Beagle.Well the Irish situation could see Heartland Bank as the last bank surviving in Australasia.?
Whole milk powder correlation is further weaked with HGH's lower Rural exposure,particulary with their reduction of "larger" loans.

[winner69]

In-depth analysis of Heartland Group

I assume this is mainly for Aussie ‘investors’ .....was the presentation over there?

If so hope they can overcome the Aussie view that you have to be twice as good as any Aussie company to be any good...nobody does things like Aussies eh

Good to see them drumming up support in Australia ..if this was the case.

[percy]

In-depth analysis of Heartland Group

I assume this is mainly for Aussie ‘investors’ .....was the presentation over there?

If so hope they can overcome the Aussie view that you have to be twice as good as any Aussie company to be any good...nobody does things like Aussies eh

Good to see them drumming up support in Australia ..if this was the case.

And I thought it was to help Snoopy understand RELs and HGH's point of difference to the Australian banks.lol

[Beagle]

And I thought it was to help Snoopy understand RELs and HGH's point of difference to the Australian banks.lol

Too funny !