HGH - Heartland Group Holdings

**axe** · 06-03-2015, 11:03 PM

Originally Posted by h2so4

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

Well put.

I "balanced" my portfolio by cutting Snakk which was my worst performer and putting what was left and some cash into HNZ and increased my holding.

Is this called "averaging up"????

I am still new(ish) to shares investing and I appreciate the advice and experiences that you wise ST heads share.

**K1W1G0LD** · 07-03-2015, 06:26 AM

Originally Posted by 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.

A risky approach.................but well calculated with all the available advice and info available in this instance.
Thats what I've done , until as Percy states HNZ gives me cause to become nervous.

**Beagle** · 13-03-2015, 10:46 AM

One million shares just traded at $1.36 !! Stock still trades cum divvy so really the buyer only paid $1.33. I noticed the small Aussie banks doing well with SP gains yesterday.

**RTM** · 13-03-2015, 11:06 AM

Percy....did you sell all your shares in one go ? Unfortunately wasn't me.

Originally Posted by Roger

One million shares just traded at $1.36 !! Stock still trades cum divvy so really the buyer only paid $1.33. I noticed the small Aussie banks doing well with SP gains yesterday.

**percy** · 13-03-2015, 12:51 PM

Originally Posted by RTM

Percy....did you sell all your shares in one go ? Unfortunately wasn't me.

No not me.

**tim23** · 13-03-2015, 02:35 PM

Roger - they paid $1.36 not $1.33 as when they go xd they will likely lose 3c in value!

**Beagle** · 13-03-2015, 02:47 PM

Yeah that's my point Tim. They're getting 3 cents back in 5 minutes time so to speak, and yes I agree they will probably temporarily drop by 3 cents. If you take a medium term view really their net entry cost is $1.33. The buyer is probably working out the pretty compelling earnings and dividend metrics off their net entry price. In effect they're working a dividend strip here and all the evidence I've seen is that's a valid strategy that often provides short term outperformance gains

**tim23** · 13-03-2015, 07:59 PM

Roger - dividend stripping, that's one from way back people used BIL as a favourite to try that tactic, does work better in bull market, but often when a stock goes xd it drops by more than the value of dividend so as a short term play its risky but over say 12 months & a few days might be okay as a dividend strip.