HGH - Heartland Group Holdings

[Snoopy]

HEAPS and HEAPs

I suppose you saying a company paying a 10 cent share is worth $3.33 ...or if you i count imputation credits $4.50

Better to own the bank instead of investing in the bank they say ...probably same result if it goes bust.

As of right now Heartland has not promised to pay any dividend. Whether we get a token dividend tomorrow is unknown. But I would argue with all the capital raising over the years AND the market listed bond issues that Heartland have tapped NZX investors for, that Heartland has never paid out any net cash anyway. If you think of Heartland shares as a net zero coupon bond which nevertheless might go bust, how much are they worth? With that viewpoint, $1.20 does not look so cheap!

Even before interest rates got to their ridiculous lows of today, I had a long term policy of getting rid of almost all of my NZ fixed interests investments. I am not sure that the general investing public realise that NZ is one of the few countries where bank deposits are not guaranteed. But even that doesn't mean I will chase sharemarket yield at any price. Earning 1% at the bank is still better than losing 30% with an ill timed share purchase. I just have to keep telling myself to be disciplined and patient. And with most yield shares already overpriced in my view, the value that is still in the market is with those companies that have suspended dividends now but are poised to restart dividend paying. And with NZ banks, Grant Robertson holds the key as to when that can happen.

SNOOPY

[RTM]

Waiting less and less patiently !

[winner69]

Waiting less and less patiently !

You should have learnt by now - bankers are not early starters

Snoopy has another word for them

[winner69]

Maybe a 5 o'clock job and hope nobody notices

[winner69]

i think the NZX is broken again ...they can't load announcements

[777]

Last year it came out at 1725.

[winner69]

Even Chris Castle got up early enough to send through an announcement

Maybe heading off to golf course

[RTM]

Last year it came out at 1725.

Sounds outstanding.
Waiting somewhat anxiously on if they will pay a dividend.
Our biggest holding. I guess we find out 17th whether its steak or sausages for dinner.

That would be annoying !

[fish]

i think the NZX is broken again ...they can't load announcements

HGH website says announcement at 0930
Cannot find it
Has anyone or is it my ineptitude?

[Beagle]

You should have learnt by now - bankers are not early starters

Snoopy has another word for them

Does it start with a W

Maybe a 5 o'clock job and hope nobody notices

Snoopy will be tearing his hair (fur) out in frustration all day.

Me, I think any number they produce is just a wild guess. Pretty cynical for a bean counter eh !