Its really cool how HGH tell you what next years profit is going to be when reporting current years profit so I look forward to their FY22 forecast later this month with considerable interest.
Yes, it keeps the share price ticking along with out the wild speculations.
$2.16 New All Time Closing High knocking 15-Dec-2017 off the top of the podium.
Also over 15% of my NZX portfolio so no DRiP for me.
Woo Hoo !! For some strange reason I remember that day you mentioned quite well
I have no interest whatsoever in selling this time and will continue with the DRIP. Wonder what the dividend announcement will be ? My guess 6 cps (fully imputed as usual).
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
It is a more difficult decision to have cash and term deposits when the interest rates are so far below the CPI inflation rate! However with asset prices at current levels and with a lot of uncertainty with Covid progression, My bank deposits have never been higher. I have split them between Heartland and two big Australian owned Banks. Heartland rates are slightly higher. Heartland Bank shares also comprise about 7% of my share portfolio.
It is a more difficult decision to have cash and term deposits when the interest rates are so far below the CPI inflation rate! However with asset prices at current levels and with a lot of uncertainty with Covid progression, My bank deposits have never been higher. I have split them between Heartland and two big Australian owned Banks. Heartland rates are slightly higher. Heartland Bank shares also comprise about 7% of my share portfolio.
The option value of cash at the moment is quite high
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
It is a more difficult decision to have cash and term deposits when the interest rates are so far below the CPI inflation rate! However with asset prices at current levels and with a lot of uncertainty with Covid progression, My bank deposits have never been higher. I have split them between Heartland and two big Australian owned Banks. Heartland rates are slightly higher. Heartland Bank shares also comprise about 7% of my share portfolio.
I am in a similar position with respect to cash. And quite concerned about the effect of inflation on it.
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