HGH - Heartland Group Holdings

[winner69]

So ANZ acquire Suncorp Bank at 1.3 times NTA

Jeez - same multiple applied to Heartland would mean $1.52

Just as well Heartland Group isn't just a bank

[Rawz]

So NZ acquire Suncorp Bank at 1.3 times NTA

Jeez - same multiple applied to Heartland would mean $1.52

Just as well Heartland Group isn't just a bank

HGH overpriced! Who’s buying at these levels!? Don’t they know there’s a huge recession coming..?

[Waltzing]

big lolly scramble by a desperate govnt will sort out any recession...

[mike2020]

Historically speaking you might be right, they do like to burn all the available cash on the way out making the Nats into villains for the following harsh reality. NZ public love a good drama.

[peat]

So ANZ acquire Suncorp Bank at 1.3 times NTA

Jeez - same multiple applied to Heartland would mean $1.52

Just as well Heartland Group isn't just a bank

but the PE paid is higher than HGH's

[IAK]

Historically speaking you might be right, they do like to burn all the available cash on the way out making the Nats into villains for the following harsh reality. NZ public love a good drama.

Think Big!

[mike2020]

Still powering the nation today. Plus the alpine salmon are a welcome bonus.

[percy]

https://www.scoop.co.nz/stories/BU22...ar-running.htm

[alokdhir]

Is HGH reliable dividend payer in recessionary times ? Can they maintain current yield ? If yes then great buy still if doubtful then ....

If invested for divvy then short term SP trends should not matter as eventually we will come out of this and time will be rosier again with rates falling back to neutral or lower and economy booming in 18-24 months max and HGH SP then can recover all lost ground and some more .

Even if SP of $ 1.60 on cards before $ 2.60 doesn't matter if it keeps paying 13-14 cents a year !!! Experts opinion again ...Can they ?

[Rawz]

Maybe RBNZ come to HGH rescue and restrict dividends?

Did HGH catch up the dividends from the COVID restriction? Or did they hold onto them?

HGH pay too much dividends anyway