HGH - Heartland Group Holdings

[theace]

When is the ex-div date?

[Joshuatree]

When is the ex-div date?

!!!!????. Im surprised you don't know where to look. Go to NZX click on HNZ and scroll down to div info. Let us know the X date

[theace]

Brain freeze .... thanks

17/3

[Beagle]

At $1.30 cum the 3 cent fully imputed dividend due shortly people are really selling for a net consideration of $1.27 before brokerage costs.

It seems more than likely the company will easily achieve its 2015 official forecast profit of circa $47m after positing a strong gain of 41% in the first half to earn half that annual profit already.

So lets turn our attention to the prospects for 2016.

We know that momentum in the loan book regarding Harmoney has been very strong and other area's of lending apart from HER have also been strong.

First N.Z. capital have 2016 EPS at 11.2 cps and Craigs are at 12.0 cps.

Given that the company is not shy on issuing its full year forecast very early in any given year by the time of the ASM circa late October we'll know more but in the meantime if we lay aside personal thinking and just take the mid point of those analyst forecasts we're looking at 11.6 cps.

Now applying a reasonable multiple that the company has traded on in the past and that's well supported by its slower growing competitor's in Australia, (by my reckoning a fair and reasonable PE is 13), then 13 x 11.6 cents means that by late 2015 we should be seeing a SP of $1.51. In that time we'll also have received 4.0 - 4.5 cents final divvy so shareholders buying now at $1.30 are looking at fully imputed divvy's of about 7.5cps plus a theoretical SP gain or circa 20 cents, total shareholder return of approx. 27.5 cents on a $1.30 investment, ( 21% return). This from a business that's well capitalised with ongoing growth in future years.

Opportunity knocks for those looking to increase their portfolio allocation ?

Hmmm...surely today's stellar performance not attributable to me. Must be something up ???

[Master98]

I am back at $1.3, but only bought back half of my previous holding, just in case continue sliding after short bounce( even after ex divvy).

[RTM]

Still buying Roger ? What % is HNZ of your portfolio.
16.52% of mine. Don't really want it to be a lot higher. And it could easily happen if the SP appreciates further.
Good problem to have tho.

Hmmm...surely today's stellar performance not attributable to me. Must be something up ???

[percy]

Still buying Roger ? What % is HNZ of your portfolio.
16.52% of mine. Don't really want it to be a lot higher. And it could easily happen if the SP appreciates further.
Good problem to have tho.

Success in the markets results in one share often throwing your balance out.!
It is what we all aim for, then we get worried we have got it too right, and have too much tied up it one share.!!!!
A successful investor told me to let my profits run ,cut my loses ,and only add to shares I have got right.!
Seems to work a treat.!!
So you start with 12.5% to 15% of your portfolio in one share.You get it right and you then have 30% of your portfolio in that share.
What would I do ? First of all I would be thankful I got it right.I would not buy any more over the 30%.I would consider selling any shares I get in DRP, if there was another company I was keen on.
35% plus I would sell 5% to 10% of the holding,but only if I was nervous/worried ,and saw a company that diversified my portfolio,otherwise sit back and enjoy the ride until you get nervous!!!!?? lol..
So if I had too much in HNZ or EBO,I would most probably look to add AIR, or SCL to my portfolio.,

[h2so4]

An unbalanced portfolio well if you are a net saver it would soon balance out. Just add some cash.

[Beagle]

Still buying Roger ? What % is HNZ of your portfolio.
16.52% of mine. Don't really want it to be a lot higher. And it could easily happen if the SP appreciates further.
Good problem to have tho.

Yep I'm bang on with you at 16% mate. I should have touched up to my maximum self imposed ceiling for any one stock of 20% before Wednesday's comment lol.

[Arbitrage]

Surely balance is the level of risk you want to expose yourself to. Or if you have an interest or deep understanding of a company this could be 100% of your portfolio. I am sure that Warren Buffetts family and friends aren't worried about their unbalanced exposure to Berkshire Hathaway. Greater risk can bring greater reward. So keep buying Heartland if you are comfortable.