sharetrader
Page 451 of 1721 FirstFirst ... 3514014414474484494504514524534544554615015519511451 ... LastLast
Results 4,501 to 4,510 of 17210
  1. #4501
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,407

    Default

    Yes a good result and a welcome increase in dividend.
    I was surprised how much they have already lent to Harmoney, $17M. They must be doing OK,
    Slightly disappointing that HER is not doing the business for us yet but hopefully the increased marketing focus in both NZ & AUS will see it pickup in the 2nd half.

    Business, Rural and Household all nice and steady.

    Again they deliver like they say they will. A great company and management to be invested in.

    Quote Originally Posted by babymonster View Post
    $23.5 Million... well done...

  2. #4502
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    At first glance this looks like a sound result...impairments at $5.1m almost as much as the whole of last year so if they can get those down in due course we could see profitability ramp up to another new level especially when HER starts to really get cranking along. Dividend increase looks good and if they follow the trend we'll see a fully imputed 4.5 cent dividend at the full year result.
    Dividend yield for the hounds among us would therefore be 7.5 / 0.72 = 10.4167 cents gross or 7.55% on a $1.38 SP and growing each year. Much better than money in the bank

  3. #4503
    Senior Member Toasty's Avatar
    Join Date
    Jul 2011
    Location
    Wellington
    Posts
    745

    Default

    Quote Originally Posted by Roger View Post
    Much better than money in the bank
    As a shareholder of HNZ don't I effectively have "money in the bank"?

  4. #4504
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,407

    Default

    Better to own a bank than loan a bank isn't it ?

    Quote Originally Posted by Toasty View Post
    As a shareholder of HNZ don't I effectively have "money in the bank"?

  5. #4505
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by Toasty View Post
    As a shareholder of HNZ don't I effectively have "money in the bank"?
    Its called being on the right side of the ledger

  6. #4506
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,451

    Default

    Quote Originally Posted by iceman View Post
    Better to own a bank than loan a bank isn't it ?
    Never a given ...Lest we forget GFC ...

  7. #4507
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by iceman View Post
    Yes a good result and a welcome increase in dividend.
    I was surprised how much they have already lent to Harmoney, $17M. They must be doing OK,
    Slightly disappointing that HER is not doing the business for us yet but hopefully the increased marketing focus in both NZ & AUS will see it pickup in the 2nd half.

    Business, Rural and Household all nice and steady.

    Again they deliver like they say they will. A great company and management to be invested in.
    A good summary Iceman.The HER is a good product.Increased marketing and opening new distribution channels will get the momentum going.
    Roger.That dividend yield looks wonderful on our average cost price.!! lol.
    Winner69.I am missing you already.

  8. #4508
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by percy View Post
    A good summary Iceman.The HER is a good product.Increased marketing and opening new distribution channels will get the momentum going.
    Roger.That dividend yield looks wonderful on our average cost price.!! lol.
    Winner69.I am missing you already.
    Sure does mate and we've totally verified the value of the dividend reinvestment scheme Mate remember the debate we had about the last dividend reinvestment at $1.015
    I'm missing Winner69 already too.

    Wonder what the resident beagle makes of the increased provision for impairments...now 0.73% of all receiveables...compares to 0.1-0.2% for most of the major Aussie banks. I guess that's the price you pay for lending more to the consumer finance and agricultural sector...has to be some price when their net interest margin is circa double that of the Aussie banks.
    Last edited by Beagle; 23-02-2015 at 10:08 AM.

  9. #4509
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,292

    Default

    Very good result, happy with that! Well done Heartland Bank.

  10. #4510
    Guru
    Join Date
    Aug 2012
    Posts
    4,656

    Default

    Quote Originally Posted by Baa_Baa View Post
    Very good result, happy with that! Well done Heartland Bank.
    I am happy with the result -and I would probably add to my holding in HNZ rather than make a Harmoney investment. However it looks like "the market" is somewhat underwhelmed.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •