HGH - Heartland Group Holdings

[Rawz]

HGH running at its peak right now! Great stuff

Not sure how far down this peak thou?
But the climb of the next peak is going to be even higher than the last one!

[winner69]

Seems Jenny Ruth not that all impressed with Heartland’s disclosure around its relationship / dealings with Harmoney

https://businessdesk.co.nz/article/o...-ended-in-2020
Prob paywalled

[Muse]

Seems Jenny Ruth not that all impressed with Heartland’s disclosure around its relationship / dealings with Harmoney

https://businessdesk.co.nz/article/o...-ended-in-2020
Prob paywalled

article is about heartland not disclosing it wasn't still providing new funds for new lending through HMY, and their lending through them is in run off, which jarden noted in a research report a few days ago. probably fair, as HGH never came out and said they weren't successful in providing new warehouse facilities to HMY (as was their stated goal) as part of the later's transition away from p2p lending. While heartland never came out and said it in a AR or presso, they did pretty much disclose it during analyst calls, and investors were free to easily infer it from HGH's numbers. My posts #15442 & #15510 said as much well before the jarden report dropped 2 days ago. Pleased the p2p being closed off. It will be interesting if HGH ever look to provide a warehouse facility to HMY in the future, though I doubt it, given the new NZ warehouse went to a big 4 competitor, and if there was one HGH was ever going to provide, it was that one.

but boy, that jarden report was fantastic. was one of the better research reports I've read in some time. and did a very good job at illustrating that those who continue to softly rib over dairy prices are looking at completely the wrong area if they want to find emerging risk in heartland's portfolio. While jarden don't say it I see that one wee area has emerged, but as a whole, the aggregate credit mix of receivables has & continues to improve.

[Old mate]

Any links to the report fm or is it jarden paywalled? Thanks

[clearasmud]

[QUOTE While jarden don't say it I see that one wee area has emerged, but as a whole, the aggregate credit mix of receivables has & continues to improve.[/QUOTE]

Spell it out, what that one wee area, thanks

[Rawz]

its a big endorsement for HMY that a big 4 is willing to price HGH out of that space to take the warehouse facility.

All good for HGH- they will benefit as a 8.4% shareholder of HMY

[winner69]

its a big endorsement for HMY that a big 4 is willing to price HGH out of that space to take the warehouse facility.

All good for HGH- they will benefit as a 8.4% shareholder of HMY

When they topped up a year ago it took them to 10.1%

Even if they been selling since still over 9.1%

[Rawz]

When they topped up a year ago it took them to 10.1%

Even if they been selling since still over 9.1%

The companies office says they have 8,518,864 of 10,1018,964

Two plus two is four
Minus one that's three, quick maths

So 8.4% ?

Does aussie listing change it?

[winner69]

The companies office says they have 8,518,864 of 10,1018,964

Two plus two is four
Minus one that's three, quick maths

So 8.4% ?

Does aussie listing change it?

That Extensive Shareholding List is a load of crap. Hope the data scientists didn't produce it lol

The 8,518,864 was the number Heartland had at IPO ... bought more last year .... remember

http://nzx-prod-s7fsd7f98s.s3-websit...261/349855.pdf

[Rawz]

That Extensive Shareholding List is a load of crap. Hope the data scientists didn't produce it lol

The 8,518,864 was the number Heartland had at IPO ... bought more last year .... remember

http://nzx-prod-s7fsd7f98s.s3-websit...261/349855.pdf

Lol oh dear