HGH - Heartland Group Holdings

[Longhaul]

ROE 14%-20% eh

Hypothetical question: What would you say if someone offered you an investment with a promised real return of close to say 17% over many years?. You mighty say: “How much can I buy?” or like most sensible people: “What is the catch?”

Think about it

Sorry it's not quite so high. "New Zealand’s major banks average annualised return on equity has increased from 13.8% in 1H13 to 14.8% in 2H13." From PWC Feb 2014 Banking Perspectives - PDF link.

[percy]

Sorry it's not quite so high. "New Zealand’s major banks average annualised return on equity has increased from 13.8% in 1H13 to 14.8% in 2H13." From PWC Feb 2014 Banking Perspectives - PDF link.

Thanks for the link,I will enjoy reading it.It is off course on the five major banks.
Would it be too much to expect a smaller more nimble HNZ, focussing on "niches" to ultimately out performer the majors on ROE?
I note Craig's have a 16.4% target ROE for ANZ.

[percy]

About time Heartland did something to cheese me off.!!!
They did it today announcing their AGM will be in Auckland at 4pm on 31st October.
All very well,but my other big holding is in EBO, whose AGM is at 11am on the same day in Christchurch.
Bugger!!
Right I expect the full Auckland team Forest, Roger, Noodles and other to file full and complete reports.!!
Maybe Balance could find time to attend too.?
Jet star fight arrives in Auckland too late.!

[winner69]

About time Heartland did something to cheese me off.!!!
They did it today announcing their AGM will be in Auckland at 4pm on 31st October.
All very well,but my other big holding is in EBO, whose AGM is at 11am on the same day in Christchurch.
Bugger!!
Right I expect the full Auckland team Forest, Roger, Noodles and other to file full and complete reports.!!
Maybe Balance could find time to attend too.?
Jet star fight arrives in Auckland too late.!

You traitor - Roger would say fly Air New Zealand

There's a 1.25pm fight - get you there in time even with AKL traffic

[Beagle]

If you change your mind mate and want to fly up for the meeting I'm more than happy to help with Airport transfers.

[percy]

You traitor - Roger would say fly Air New Zealand

There's a 1.25pm fight - get you there in time even with AKL traffic

Well I started to try and work it so I could attend both meetings.
Luckily I rang the company secretary at EBO to confirm time and place,and he told me EBO agm is now 2pm at Chateau on The Park,so I will miss HNZ's.
Thanks for your kinf offer Roger,and thanks Winner69 advising me of the 1.25pm flight.

[Beagle]

I'll be there. But I'm only going to see whether the food is up to scratch.

LOL Me too but keep it quiet I know we can rely on Snoopy to have a good sniff around for any anomalies in the accounts but I'll run the ruler over them too and bring my corporate B.S. meter along to the AGM to see if I get a signal from any possible corporate "spin".

[winner69]

Well I started to try and work it so I could attend both meetings.
Luckily I rang the company secretary at EBO to confirm time and place,and he told me EBO agm is now 2pm at Chateau on The Park,so I will miss HNZ's.
Thanks for your kinf offer Roger,and thanks Winner69 advising me of the 1.25pm flight.

They could do a split meeting

Live video link. Chairman in Chch and CEO in Auckland and plenty of punters in both places.



Did they think little ol Ashburton is now too small for a BIG bank meeting

[vorno]

Did they think little ol Ashburton is now too small for a BIG bank meeting

...always wanted to go to Ashburton

[percy]

LOL Me too but keep it quiet I know we can rely on Snoopy to have a good sniff around for any anomalies in the accounts but I'll run the ruler over them too and bring my corporate B.S. meter along to the AGM to see if I get a signal from any possible corporate "spin".

Gee Wiz you and Belgarion are a bit slow!!!!!
Look at the day and time the meeting is!!??????????????!!!!!!!!!!!!!!!!!!!!!
Forget the tucka,concentrate on the fine wines they serve up,and the premium beers.!!!!