HGH - Heartland Group Holdings

[noodles]

Yip - are you expecting a cheque as payments into an account were last week(?).

I expect payment into my account since that was how I paid.

[noodles]

I expect payment into my account since that was how I paid.

I am a muppet. I have received it. Just looked at my CMA account for 25 March. Expected it would have been deposited into another one.

It was a different account than what the funds came out of. I guess Link Market Services must use my Dividend Payment acoount for the SPP refund.

[noodles]

That Reuters thing says been a DOWNGRADE for 2014over the last week

Consensus Jun14 now 8.80 .... week ago 8.9 and 2 months ago 9.03

Also June 15 at 9.27 is less than the 9.50 2 months ago

Growth figures pretty abysmal - not the usual analyst bullishness

Winner 69,

The trend down for FY14 is explained by the addition shares issued with the purchase of the Reverse Mortgage business combined with a poor first half result. FY 15 cannot be explained with additional shares. I suppose we need to see the original reports to really get an idea. But the last report has caused an upward revision from 9.1 to 9.27 a week ago. More importantly, the last report has a eps is 9.9c.

I really wish management would narrow guidance for FY14. I fear a downgrade.

Sales and Profit Figures in New Zealand Dollar (NZD)
Earnings and Dividend Figures in New Zealand Dollar (NZD)
	Current	1 Week Ago	1 Month Ago	2 Month Ago	1 Year Ago
SALES (in millions)
Year Ending Jun-14	119.81	119.81	119.81	118.72	120.41
Year Ending Jun-15	129.14	129.14	129.14	123.51	130.13
Earnings (per share)
Quarter Ending Jun-14	8.8	8.9	8.9	9.03	8.4
Quarter Ending Jun-15	9.27	9.1	9.1	9.5	9.25

[winner69]

but they said EPS accretive

I assume that the analysts eliminate one off costs etc and the consensus is 'normalised'

[noodles]

but they said EPS accretive

I assume that the analysts eliminate one off costs etc and the consensus is 'normalised'

I think you are right.

Concensus FY14 NPAT is 35100.

This works out at 7.6cps fully diluted.

So the reuters figures are normalised

[RTM]

https://www.nzx.com/companies/HNZ/announcements/249494
Has to be a good thing....a Directory buying 3,000,000 Ordinary Shares on market at 87c.
Nice big public commitment to the company.

[Banksie]

https://www.nzx.com/companies/HNZ/announcements/249494
Has to be a good thing....a Directory buying 3,000,000 Ordinary Shares on market at 87c.
Nice big public commitment to the company.

So the 43mill shares issued to Senior Money International made them the largest shareholder. Looks like Mr Tomlinson topped up to push himself to No. 1 again.
https://opencorporates.com/companies/nz/3152425

Shouldn't there be a Change in Substantial Shareholder's Interest announcement, not just a ongoing disclosure?

[Omega]

Thats only required for movements of more than 1%

[noodles]

Another Heartland customer goes down
http://www.nbr.co.nz/article/credito...se-vy-p-155195

Hope this does not affect FY14 results

I guess the 3rd quarter report (end of May) will give us a sniff if there is any trouble meeting forecast.

Good volume in the stock of late. Must be some institutions trading (or percy).

[Arbitrage]

It will be interesting to see what security was used. Hopefully a nice villa in Grey Lynn or some other million dollar asset. The share price rose to 89c so it can't be too bad a loss, if any.