HGH - Heartland Group Holdings

**percy** · 30-10-2013, 07:14 AM

Originally Posted by winner69

It's taken the gurus at s&p a few months to go through all of snoopy's analysis and they have to a large degree agreed with him and said hnz are 'developing' which is better than the previous 'negative' they had before

still the guys at s&p still don't get it do ththey'd n the paper today

Thanks winner69.Confirms to me that Snoopy's record [100% wrong] stays intact,while mine remains correct.Matter of fiction verses fact.
"Specifically Heartland is gaining momentum in the process of implementing business strategies to build its business position in distinct markets such as livestock finance,motor vehicle finance,and invoice financing,which are subject to less direct competition and lower contestability than traditional banking market segments."
"Heartland's rating could be raised if Heartland were to successfully further develop its business position in the next six to twelve months."
Very positive.Only negative is S& Ps concern on "NZ's economic vulnerabilities".
Well done Heartland.Nice people doing good things.
Would some kind poster please post the link to the article.

**karen1** · 30-10-2013, 07:41 AM

Good morning Percy.

http://www.stuff.co.nz/business/indu...-for-Heartland

**swillisam** · 30-10-2013, 07:48 AM

http://i.stuff.co.nz/business/indust...-for-Heartland

**percy** · 30-10-2013, 08:06 AM

Thank you Karen1 and swillisam for posting the link.
Note;Heartland is NZ funded.No overseas borrowing.
Heartland funnel their home mortgage loans to Kiwi Bank.

**K1W1G0LD** · 31-10-2013, 05:33 PM

Yawn, hohum, back to puddling around at 84-85 on a day when the market was rising too.
Nevermind, we are well posioned lol!

**gv1** · 01-11-2013, 10:19 AM

How far do you think it will run mate?

**gv1** · 01-11-2013, 10:23 AM

Originally Posted by turmeric

It's pretty much just guess work for me mate, others on this thread have done far more intensive analysis. I personally think HNZ can see $1 in the short/medium term.

Thanks mate.

**Heffner** · 01-11-2013, 11:27 AM

Agreed. If Heartland Bank can stick to their net profit forecast of $34-$37m for FY2014 I value their share at $1.35 for the higher end of the forecast and $1.24 for the lower end. This presents great value in at current prices unless their is a profit dowgrade which **touch wood** doesn't come to fruition.

Disc: Holding