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  1. #11611
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    G

    BP - there’s some things you just don’t get eh
    You are probably right. I don't understand everything. Glad though I'm in good company with that problem
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #11612
    Legend minimoke's Avatar
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    Quote Originally Posted by Beagle View Post
    Get the right one mate and its the ultimate investment. I'm convinced one of my dogs that cost $995 is worth $1m now,
    I think you might be confusing "worth" with "ongoing costs"

  3. #11613
    Speedy Az winner69's Avatar
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    Global Dairy Trade prices continue to slide. Whole milk powder down nearly 3%

    Prices have been trending down all year with no sign of a turnaround ......just like the Heartland share price
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #11614
    Speedy Az winner69's Avatar
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    Whole Milk Powder price chart looks like the Heartland share price chart

    Up, up and then down down down .....

    Spooky as
    Attached Images Attached Images
    Last edited by winner69; 07-11-2018 at 07:49 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #11615
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    Whole Milk Powder price chart looks like the Heartland share price chart

    Up, up and then down down down .....

    Spooky as
    The strength of the correlation between the two that's existed for a very long period of time is quite remarkable. I think its clear the market is telling us that the financial health of dairy farmers really matters to HGH's future prospects.
    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

  6. #11616
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    The strength of the correlation between the two that's existed for a very long period of time is quite remarkable. I think its clear the market is telling us that the financial health of dairy farmers really matters to HGH's future prospects.
    From NZ Herald report — Whole milk powder dropped 2.9 per cent to US$2,655 a tonne. That's the lowest price since August 2016, according to NZX dairy analyst Amy Castleton.

    Heartland share price hit $1.54 back in August 2016 ......current share price almost ‘the lowest price since August 2016’ as well

    Spooky
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #11617
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    The strength of the correlation between the two that's existed for a very long period of time is quite remarkable. I think its clear the market is telling us that the financial health of dairy farmers really matters to HGH's future prospects.
    Could be because of the name Heartland ......association with heartland NZ and things rural.

    Time for a name change .....and a new ticker code
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #11618
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    Quote Originally Posted by winner69 View Post
    Could be because of the name Heartland ......association with heartland NZ and things rural.

    Time for a name change .....and a new ticker code
    A little soon for that joke maybe?

  9. #11619
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    Could be because of the name Heartland ......association with heartland NZ and things rural.

    Time for a name change .....and a new ticker code
    You did beat me to that - I guess who wants anyway to hang around for such a long time with such a boring name just associated with share price drops?

    Maybe they could try instead something like ROC - Rural Online Capital Supply? or how about WRM - West Island Reverse Mortgages?

    Would be one ticker change per month enough to satisfy the fans?

    Relax - I still think they are a good company, but their latest name (and particularly ticker-) change just shows how easy it is for even a good company to lose the focus on what's important ...

    What they really should focus on is better customer access (including online experience), better customer care and probably better marketing. Ticker changes don't help with any of that.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #11620
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    Quote Originally Posted by winner69 View Post
    From NZ Herald report — Whole milk powder dropped 2.9 per cent to US$2,655 a tonne. That's the lowest price since August 2016, according to NZX dairy analyst Amy Castleton.

    Heartland share price hit $1.54 back in August 2016 ......current share price almost ‘the lowest price since August 2016’ as well

    Spooky
    That was with the old Heartland Bank

    If you look at the chart of the shiny new Heartland Group (like on my ANZ Securities account charts) HGH has only dipped from $1.57 to the current $1.55

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