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  1. #12561
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    Just bought more based on reverse mortgages pick up/.

  2. #12562
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    Quote Originally Posted by Beagle View Post
    Yes it was nauseating to say the very least.
    My white liberal heart bleeds for you both. The world keeps changing.

    But perhaps even a couple of ageing reactionaries and a tree hugging pakeha liberal can all take comfort from the financial performance of the organisation, even if we disagree about the contribution of the "social services" rhetoric.

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    Quote Originally Posted by davflaws View Post
    My white liberal heart bleeds for you both. The world keeps changing.

    But perhaps even a couple of ageing reactionaries and a tree hugging pakeha liberal can all take comfort from the financial performance of the organisation, even if we disagree about the contribution of the "social services" rhetoric.
    Well I feel better now. Thanks.
    And I agree....more than happy with my Heartland shares. The only thing that really annoys me is that at ~10% of my portfolio....I really can't justify any more. Even using Horus's trick of using the cost price instead of the current price.
    Cheers
    RTM

  4. #12564
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    Quote Originally Posted by horus1 View Post
    Just bought more based on reverse mortgages pick up/.
    Come on horus, don't leave us hanging....where did this info come from, or pure speculation on your part...hgh had $ 250 million facility but dished out $124 million in Australia last year but only received $24 mill back so will there come a tipping point ot does reverse portfolio just keep getting bigger

  5. #12565
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by davflaws View Post
    My white liberal heart bleeds for you both. The world keeps changing.

    But perhaps even a couple of ageing reactionaries and a tree hugging pakeha liberal can all take comfort from the financial performance of the organisation, even if we disagree about the contribution of the "social services" rhetoric.
    There's normal inclusivity in this heightened ESG world we live in and then there's Heartland.
    I am not so naïve as to think there is not commercial purpose behind it. To the best of my knowledge Heartland are alone on the NZX in terms of wanting to be seen as the Maori employer of choice and the frequency of the Te Reo lessons distributed throughout the annual review suggests there is serious Iwi money invested in Heartland and they have told the directors what they expect in return.
    I was going to add to my 5% portfolio position in HGH but after reading the annual review, I'm not.
    Last edited by Beagle; 08-10-2019 at 10:04 AM.
    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

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  7. #12567
    Speedy Az winner69's Avatar
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    With heaps of iwi money invested with them can’t see Heartland sponsoring the replica of the Endeavour
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #12568
    percy
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    Quote Originally Posted by winner69 View Post
    With heaps of iwi money invested with them can’t see Heartland sponsoring the replica of the Endeavour
    Via what name or holding/s is all this supposed iwi money invested.?
    Last edited by percy; 08-10-2019 at 11:34 AM.

  9. #12569
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    Quote Originally Posted by percy View Post
    Via what name or holding/s is all this supposed iwi money invested.?
    Well....what a great place for iwi to invest. Support it entirely.

  10. #12570
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    With heaps of iwi money invested with them can’t see Heartland sponsoring the replica of the Endeavour
    What a noble cause that would be. Really embracing our cultural heritage. I nominate Percy to bring this idea up at the annual meeting
    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

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