HGH - Heartland Group Holdings

[Master98]

Hey Roger - you said HNZ should be on a PE of 12 to 13 .... so lets say 12.6 to split the difference

FY15 guidance $42m is 9.0 cents a share

PE 12.6 gives share price of $1.14

Nearly there

I have a strong feeling that FY15 earnings will be $44m, PE12.6 will give sp near $1.19.

[winner69]

OMG....wtf is going on with HNZ

Well up the losers board .....not as bad as Mowbrays or Cavalier but jeez worse than Pumpkin Patch

And closing week n Nelson is a bad omen .....cricket world in mourning (RIP Phil) .....and Blackcaps up against it paying Pakistan.

[winner69]

OMG....wtf is going on with HNZ

Well up the losers board .....not as bad as Mowbrays or Cavalier but jeez worse than Pumpkin Patch

And closing week n Nelson is a bad omen .....cricket world in mourning (RIP Phil) .....and Blackcaps up against it paying Pakistan.

OMG it just got worse .....110 ....and even worse than Cacalier

At least not as bad as Blis ..that would have been disasterous

[winner69]

Did HNZ go ex divie or something

[percy]

It is no longer a case of "the end is nigh",it has happened!!!! lol.

[Beagle]

Unusual volatility in HNZ last two days. Up 3 down 4. It got a bit ahead of itself that's all W69. Don't forget it was only $1.06 last week. No cause for concern.
Sticking with my $1.20 core valuation by mid 2015 (10 cents EPS x PE of 12), with all the risk to the upside with possible EPS accretive acquisition(s).
Not the only one to get ahead of itself and a good clip around the ears, see RYM and KIP SP drops today.

[Beagle]

OMG it just got worse .....110 ....and even worse than Cacalier

At least not as bad as Blis ..that would have been disasterous

May I be so bold as to venture you're feeling more comfortable today with your HNZ shares mate Did someone mention that we're well positioned

[winner69]

After he distress and anxiety of last Friday when the HNZ shareprice collapsed to 110 I have taken the advice of Mr Taleb who pointed out that the more you look at the prices there will be just as many distressing moments as joyous moments, so only look at once a week or month

Has it stopped free falling yet?

I know cheating but took HNZ off the watchlist for a while

[winner69]

UDC making heaps
http://www.interest.co.nz/business/7...y-sector-and-n

Best bits -

Price told interest.co.nz UDC's strong lending growth has continued into its new financial year.

UDC's cost to income ratio fell to 27.3% from 31.6% the previous year with costs up 1%.

So for HNZ growth, better interest margins, making more with little extra costs PLUS $6m from HER will take 2014 earnings of $36 m to $42m .....yeah right .....closer to $50m surely

[percy]

Thanks for the link Winner69.
I have found how UDC does is a good indicator as to how Heartland is/are performing.
Yes the $42mil is certainly looking a "very modest" target.
The last three broker's research I have seen have had a target price/ valuation of $1.00 for Heartland,yet the sp is tracking at around $1.10 to $1.15 .????
Whether brokers will update their research before the half year result,which is due at the end of February,or not, we will have to wait and see?
On the charts the sp is well above the 50day EMA $1.04,and the 200 day EMA 96 cents,so the strong uptrend is confirmed.