HGH - Heartland Group Holdings

[percy]

T

http://www.sharechat.co.nz/article/d...k-improveshtml

Strongest growth seems to be in impairments, up a whopping 51% ! I have warned before about the risk of finance company type lending on no deposit deals with motor vehicles. Coming back to bite them with more biting to come ? Lending growth is great but if its riskier then the effect on EPS growth is clear to see.
What's the bet a lot of unsecured Harmoney loans have turned out to be anything but harmonious ?
Learned it doesn't pay to be too negative, nobody thanks you so I'll leave it at that.

Really?
Up to a HUGE 1.2% of total receiveables from 1.1%.....???????????????

[couta1]

Looks like business as usual, a classic long term hold kinda stock and one I sold out of far too early.

[iceman]

Winner as you obviously haven't got to slide 17 yet and I know it will excite you, here are the contents:
Diversity & inclusion
• Committed to becoming a more
diverse and inclusive place of work.
• Member of Champions for Change.
• Focused on attracting and retaining
female leaders and improving gender
balance across the business.
• Increase Māori representation.
• Aiming to be an employer of choice
for emerging Māori talent.

[iceman]

At risk of having a different opinion again as some other respected posters, here's how I see things (updated).

2nd Qrt 2017, NPAT $14.8m on 499.17m shares, = EPS of 2.96c

2nd Qrt 2018, NPAT $15.1m on 522.3m* shares, =EPS of 2.89c (* removes the dulitionary effect of the 34.8m shares issued from the Rights issue in Dec 2017)

So EPS growth this quarter is -2.36% over pcp.

So I stand by my "can't see where the strong growth is" call

Reverse mortgages NZ + $24m
Reverse mortgages Oz + $ 58m
Motor finance + $ 62m
Personal loans + $25m
Business loans + $46m

[winner69]

Winner as you obviously haven't got to slide 17 yet and I know it will excite you, here are the contents:
Diversity & inclusion
• Committed to becoming a more
diverse and inclusive place of work.
• Member of Champions for Change.
• Focused on attracting and retaining
female leaders and improving gender
balance across the business.
• Increase Māori representation.
• Aiming to be an employer of choice
for emerging Māori talent.

One of the more illuminating slides of the whole presentation.

[couta1]

One of the more illuminating slides of the whole presentation.

Yes and not in a good way, we don't need any more of this PC crap from any listed company.

[minimoke]

One of the more illuminating slides of the whole presentation.

I'm surprised you don't think it should be Slide 1 or 2

Champions For Change are a group of winners. Got Jenny Shipley as Co Chair (well that went without saying) and shes happy to talk about Genesis Energy. How About she shares her contribution to Mainzeal.

And Mike Bush. Hes the Head Cop who reckons Bruce Hutton (the cop that planted the shell case in the Arthur Alan Thomas case - and wasnt bright enough to know the shell was manufactured after the murders) was a man with integrity beyond reproach

[winner69]

The chart on page 6 is a waste of space ...from a presentation point of view at least

[winner69]

Winner as you obviously haven't got to slide 17 yet and I know it will excite you, here are the contents:
Diversity & inclusion
• Committed to becoming a more
diverse and inclusive place of work.
• Member of Champions for Change.
• Focused on attracting and retaining
female leaders and improving gender
balance across the business.
• Increase Māori representation.
• Aiming to be an employer of choice
for emerging Māori talent.

Heartland becoming ‘well positioned’ for when Ngāi Tahu (or another Māori investment co) takes them over and renames them Māori Bank

[percy]

The chart on page 6 is a waste of space ...from a presentation point of view at least

Perhaps they put it in for Beagle.?
Think he missed it.
So yes was a waste of space............................lol.