HGH - Heartland Group Holdings

[winner69]

Beagle posted - ...I know you (winner) think they trade based on relativity to NTA but I will stick with earnings because I will always believe that's what really matters. Assets are only worth what they earn and NTA is useless as a relativity measure if you're not getting an adequate ROI

Insofar as Heartland goes that last bit is relevant. Jeff’s presentations show Heartland lags your peer group on ROE and norwest pointed out Heartlands capital ratios weren’t as strong as Aussie banks
https://www.sharetrader.co.nz/showth...l=1#post845234

I tend to agree with norwest when he says the one thing that would certainly re-rate HGH's Shareprice higher is improving these capital ratios.

While I am here I’ll mention that PE and Price/Book ratios are inextricably linked and both reflect what assets (capital) are expected to earn in the future. Doing some algebra around both formulas and even throwing in payout ratios is an interesting exercise.

How many think of HGH share price on of $1.60 at a PE of 11.8 is actually calculated as - $1.20 (Equity per share / Book Value) X 11.3% (ROE) X 11.8 (PE) = $1.60

Putting ROE in there reminds how important it is ... companies returning excessive returns on capital often are rewarded with higher shareprices than ‘lesser performing’ companies

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...920/337285.pdf

Huge growth in home equity loans for older folks coming in the years ahead. I am happy with ~ $2.30 as my price target, if not late 2021, then sometime in 2022 and there should be pretty decent yield in the meantime. Happy holder after backing up the truck at $1.35 last month.

[winner69]

Beagle - did you see that bit on the news about the ageing Maori population and housing needs in future

Heartland could get their teams together and brainstorm ideas to come up with some unique way that Heartland can play a role in this.

[Beagle]

Beagle - FDIC’s you see that bit on the news about the ageing Maori population and housing needs in future

Heartland could get their teams together and brainstorm ideas to come up with some unique way that Heartland can play a role in this.

Yeap, good for those young interns to think about how they can help their elders. We need to foster a more caring society where old people are not left on the scrap heap of society, alone and really lonely.

[JohnnyTheHorse]

Strong breakout from the previous daily high - continuation of uptrend. Onwards and upwards.

[winner69]

Strong breakout from the previous daily high - continuation of uptrend. Onwards and upwards.

Looking good eh

Be in the 180s next week

And beagle will see his 220 at half year .....or before if a few brokers put it their Top 5 for 2021 the Herald runs ....mum and dads always pile into these top picks

No worries

[winner69]

Jeez ...might get into 180’s THIS WEEK at this rate

[Habits]

Beagle - did you see that bit on the news about the ageing Maori population and housing needs in future

Heartland could get their teams together and brainstorm ideas to come up with some unique way that Heartland can play a role in this.

Seriously HGH should work to develop partnerships with progressive and supportive iwi tribes that have good land-holdings they can use to develop affordable housing for their tribe members in particular. Tainui alone have 67000 members a big percentage live in rentals, private/state housing, not all live in the waikato, at the same time the tribe owns massive amounts of land. We all know that homeownership helps break the poverty cycle and creates stronger families. A lot do not have enough deposit for a home to satisfy LVR but that maybe where the iwi comes in. Obviously there has to be the structure that allows for freehold ownership but that shouldn't be too much problem. This sort of partnership could probably be a huge boost for HGH and a win win for all parties.

[Beagle]

Looking good eh

Be in the 180s next week

And beagle will see his 220 at half year .....or before if a few brokers put it their Top 5 for 2021 the Herald runs ....mum and dads always pile into these top picks

No worries

Yeah they do...but I feel HGH has momentum all of its own as a real value stock, still trading well below where it started the year. (Rated an average of Hold by 4 analysts).
Might be interesting how many brokers pick OCA and the effect on its share price. 3 BUY's and 1 Accumulate gives an interesting clue into possible Herald broker selections forthcoming soon. https://www.marketscreener.com/quote...268/consensus/

Seriously HGH should work to develop partnerships with progressive and supportive iwi tribes that have good land-holdings they can use to develop affordable housing for their tribe members in particular. Tainui alone have 67000 members a big percentage live in rentals, private/state housing, not all live in the waikato, at the same time the tribe owns massive amounts of land. We all know that homeownership helps break the poverty cycle and creates stronger families. A lot do not have enough deposit for a home to satisfy LVR but that maybe where the iwi comes in. Obviously there has to be the structure that allows for freehold ownership but that shouldn't be too much problem. This sort of partnership could probably be a huge boost for HGH and a win win for all parties.

Well said.

[sb9]

Hit $1.70, wonder how that Forbar Analyst feeling now