HGH - Heartland Group Holdings

[ETC]

Looks like you're on the right track geezy

PGC are continuing to accumulate HNZ shares. I’m guessing GK’s looking for the 20% mark, that way he’s assured a place at the table when one of the big Aussie banks swoop in to pick up HNZ.

So much for the concept of a NZ listed bank, oh well.

[Marilyn Munroe]

Business Day columnist Chalkie has had a dig into recent Heartland share transactions. His conclusion; "Chalkie also reckons PGC's latest purchase of Heartland shares is probably an undisclosed related-party deal"

http://www.stuff.co.nz/business/opin...ter-than-white

Boop boop de do

Marilyn

[K1W1G0LD]

Latest view from S&P re NZ banks including Heartland


[URL="http://http://www.interest.co.nz/news/58475/big-four-banks-s-and-p-ratings-going-nowhere-kiwibank-hits-credit-rating-ceiling-tsb-woul"]

[macduffy]

Looks like you're on the right track geezy

PGC are continuing to accumulate HNZ shares. I’m guessing GK’s looking for the 20% mark, that way he’s assured a place at the table when one of the big Aussie banks swoop in to pick up HNZ.

So much for the concept of a NZ listed bank, oh well.

I don't see it that way, for several reasons.

- I can't see the big Aussie banks ( assets of several billion dolllars) being interested in a fledgling business of $360m assets, before or after HNZ receives a banking licence.

- NZ's economy isn't exactly a booming proposition for further investment.

- I reckon it suits the big four very well to have a few minor players - Kiwibank, TSB Bank, HNZ (eventually) to share and dilute the anti-bank sentiment that flares up from time to time.

- The Aussies have enough Australian issues to occupy them without taking on any new ones offshore.

Just IMO.

[Lizard]

Business Day columnist Chalkie has had a dig into recent Heartland share transactions. His conclusion; "Chalkie also reckons PGC's latest purchase of Heartland shares is probably an undisclosed related-party deal"

http://www.stuff.co.nz/business/opin...ter-than-white

Boop boop de do

Marilyn

Great article and research there! Perhaps we should seek clarification on the FMA's position in regard to these transactions, as it all looks a bit wild-west to me...

[Marilyn Munroe]

as it all looks a bit wild-west to me...

Here is the banking license application for the Heartland Saloon.

Pay no attention to the whiskey drinking brawling cowboys, scheming bar gals, or card sharps in there.

The provincial accountants with director tin stars on their chests who have ducked behind the bar to avoid punches and flying glass are hard-arses who are going to clean up Dodge.

Boop boop de do

Marilyn

[Lizard]

The provincial accountants with director tin stars on their chests who have ducked behind the bar to avoid punches and flying glass are hard-arses who are going to clean up Dodge.

Yes, just seemed like a good test of whether they're able to go beyond the equivalent of stopping kids drinking too much lemonade.

I think the antics of self-interested majority or substantial shareholders will always be difficult to regulate, thereby leaving a sour taste in the mouths of small holders. Will be interesting to see at what point moral high-ground meets pragmatism under the new cadre of enthusiastic sheriffs.

[winner69]

Good to see things are all honky dory at HNZ and that they can make more in the 3rd quarter as they made in the first half of the year ..... really good stuff

That'll put a rocket under the shareprice tomorrow ..... up up and away .... maybe 60 cents by the end of the week?

[Master98]

Good to see things are all honky dory at HNZ and that they can make more in the 3rd quarter as they made in the first half of the year ..... really good stuff

That'll put a rocket under the shareprice tomorrow ..... up up and away .... maybe 60 cents by the end of the week?

w69, you didn't mention that CFO is leaving, i don't think it is a good sign( or news ), let's see market reaction tomorrow.

[Master98]

They report third quarter results may just for balance the news of CFO resgination.