HGH - Heartland Group Holdings

[mouse]

Did you consider voting for the candidates you thought may achieve the most for FMG? I would have.
Any mention of a "diversity policy"?Being an insurance company I would expect they would have a range of "diversity policies."
I must say www.heartland.co.nz is a very good website,so I look forward to seeing it when it is updated.Good section on careers.
Pleased you are doing OK with your shares..

Yes, Heartland has an excellent website. I am thinking of going to their AGM, down in Ashburton. Time travelling as well back to 2013.
From my Communist past, or similar, I voted for only one candidate out of the four, we had to select three, to give the usurper best shot. Sadly he missed anyway in spite of my efforts.

[winner69]

Did you consider voting for the candidates you thought may achieve the most for FMG? I would have.
Any mention of a "diversity policy"?Being an insurance company I would expect they would have a range of "diversity policies."
I must say www.heartland.co.nz is a very good website,so I look forward to seeing it when it is updated.Good section on careers.
Pleased you are doing OK with your shares..

Well I won't tell you what my latest conversation with Heartland was about

[percy]

Well I won't tell you what my latest conversation with Heartland was about

And I promise not to ask.!!

[winner69]

P.S. I nearly forgot, I talked myself into buying more today

Well done - you will do better than you expect methinks

I am way too overweight HNZ to buy more.

[percy]

Well done - you will do better than you expect methinks

I am way too overweight HNZ to buy more.

In that case it may pay to leave giving Jeff "advice", and let him get on with looking after all our interests.After all it must have been his record of achieving, that caused you to become too overweight. lol.

[Beagle]

Well done - you will do better than you expect methinks

I am way too overweight HNZ to buy more.

Thanks. It does beg the question of how much is too much ?

I am curious as to what others consider as the maximum sensible limit of one's portfolio to have in any one stock ?

20% as an absolute maximum ?

[percy]

Thanks. It does beg the question of how much is too much ?

I am curious as to what others consider as the maximum sensible limit of one's portfolio to have in any one stock ?

20% as an absolute maximum ?

Depends on what books you have read, and what suits your investment model.
Readers of "The Gnomes of Zurich" or "The Dhando Investor" may be prepared to invest 100% in one stock,thinking you are best to "put all your eggs in one basket and watch it carefully."
My own thoughts are I would stop at 30%,although I did very well once with SCY, when it made up over 50%.At that time I most probably knew as much about SCY as any of the directors.!!
Research,reading and more research does mean you can back yourself.Relying on brokers,sharetrader posters,mates and family, one should not go much more than 15% to 20% in any one share.Then one should look to spread the portfolio around other sectors,ie have a bank,a utility or two,a retailer,a retirement village,etc.,but no more than 1% in any airline shares.!!!!!

[Wolf]

If i sell on ex-dividend day open am i correct that i will receive the dividend?

[couta1]

If i sell on ex-dividend day open am i correct that i will receive the dividend?

You sure will

[iceman]

Thanks. It does beg the question of how much is too much ?

I am curious as to what others consider as the maximum sensible limit of one's portfolio to have in any one stock ?

20% as an absolute maximum ?

This is a really interesting question Roger that I suspect has no "correct" answer. My HNZ holding is now 25.6% of my NZX holdings. It will get higher as I am in the DRP and am investing my spare cash overseas at present rather than the NZX. But I am very comfortable with it so will not sell. I agree with Percy above that we have to trust our own judgement with this !