HGH - Heartland Group Holdings

[winner69]

Love the way Jeff recycles things through his bottom drawer

Even a A$13m writedown in Harmoney shares soesn't impact the bottom line .... like take a few things out and put a few things in and hey presto you report $95.1m profit or $96.1m if you are normal

What was F22 guidance again

[alokdhir]

Love the way Jeff recycles things through his bottom drawer

Even a A$13m writedown in Harmoney shares soesn't impact the bottom line .... like take a few things out and put a few things in and hey presto you report $95.1m profit or $96.1m if you are normal

What was F22 guidance again

$ 1.80 is the offer ...we can also get upto a limit of 50k ...but can try for more

[sb9]

Love the way Jeff recycles things through his bottom drawer

Even a A$13m writedown in Harmoney shares soesn't impact the bottom line .... like take a few things out and put a few things in and hey presto you report $95.1m profit or $96.1m if you are normal

What was F22 guidance again

Guidance was in the range of $93m to $96m, so bang on the dot...

[LaserEyeKiwi]

Heartland expects NPAT for FY2023 to be in the range of $109 million to $114 million, excluding any impacts of fair value changes on equity investments held.

This will be on increased equity so next year eps growth will be ....??? Maybe 17.5 cents ...W69 please help us

but they are issuing somewhere around 111 million new shares, so share count goes from ~589m -> ~700m, meaning EPS will be impacted substantially as net income is divided by 19% more shares on issue.

Guidance at high end would be 16.3c EPS with 700m shares outstanding (essentially flat on this year)

[RTM]

$ 1.80 is the offer ...we can also get upto a limit of 50k ...but can try for more

DIvidend down a bit....this could dampen enthusiasm....share price might drop to around this ?
When will the trading halt finish ?
Lot to read

[winner69]

Guidance FY23 109m to 114m tremendous up

But EPS could go backwards

[Muse]

Guidance FY23 109m to 114m tremendous up

But EPS could go backwards

Gotta back out /do a proforma for stockco to see how the underlying business is growing. Would have been nice to have fully funded this with corporate debt, rather than a bridge to be repaid by equity. Sensible I guess.

[LaserEyeKiwi]

Gotta back out stockco (A10-12m) to see how the underlying business is growing. Would have been nice to have fully funded this with corporate debt, rather than a bridge to be repaid by equity. Sensible I guess.

Reminds me of the NZX equity raise to fund their acquisition earlier this year. That was a clusterf@!K for shareholder value.

[Gerald]

Never seems to produce any cash despite all the big profits. Wonder how many years till the next raise?

[Muse]

article on the result and the plethora of initiatives particular in AU on interest.co.nz

https://www.interest.co.nz/banking/1...-raising-repay