HGH - Heartland Group Holdings

[winner69]

Histories are always written from a particular view-point usually to prove that particular view-point.

For the future:
There is ALWAYS Risk.

Much of it can be understood and quantified.

But there is always a possibility of a flock of Black Swans flying by and pooping on you.

Best Wishes
Paper Tiger

Disc: Still like the Risk/Reward ratio for HNZ - but that is just one view-point.

I read Against the Gods : The Remarkable Story of Risk by Peter Bernstein every now and again

Great book about risk in general ....from every day living to financial markets.

http://www.amazon.com/Against-Gods-R...9419948&sr=1-1

[Snoopy]

The real problem that you had with HNZ was that you did not understand it.
The real problem that you have with HNZ now is that you do not understand it.

Best Wishes
Paper Tiger

Not claiming to be a banking guru myself PT, never have done. I am surprised you dismiss the credit rating skills of the likes of Fitch and the risk capital requirement assessments of the Reserve Bank so curtly though. If you believe that the BBB- risk assessment of Heartland when it was set up was too harsh (it may have been) I would love to know why.

SNOOPY

[Marilyn Munroe]

Seeing as we currently in a historical thoughful mood my guess is the primary motivation for the merger was the need to hide the MARAC mess beneath the skirts of the CBS Canterbury balance sheet.

And the update of this; They got away with it.

Boop boop de do
Marilyn

[percy]

Seeing as we currently in a historical thoughful mood my guess is the primary motivation for the merger was the need to hide the MARAC mess beneath the skirts of the CBS Canterbury balance sheet.

And the update of this; They got away with it.

Boop boop de do
Marilyn

The out come of the mergers and the recapitalization has provided all shareholders with a Bank to be proud of.
Nothing was ever hidden.Shareholders were told what was needed,and where the directors saw the company's future as a bank was.
Those who put the merger together had great foresight.
Capable people with vision.

[kizame]

The out come of the mergers and the recapitalization has provided all shareholders with a Bank to be proud of.
Nothing was ever hidden.Shareholders were told what was needed,and where the directors saw the company's future as a bank was.
Those who put the merger together had great foresight.
Capable people with vision.

I can't quite work out whether you are a guard dog,guarding your property, or a knight coming to the rescue of your kings' reputation.
But beware,eventually the black knight cometh.

[Beagle]

The out come of the mergers and the recapitalization has provided all shareholders with a Bank to be proud of.
Nothing was ever hidden.Shareholders were told what was needed,and where the directors saw the company's future as a bank was.
Those who put the merger together had great foresight.
Capable people with vision.

Well said mate. Perhaps those casting dispersions would care to list the stocks they believe are trading with better fundamentals and a better risk reward profile.
No stock is completely risk free or completly without blemish.

[percy]

I can't quite work out whether you are a guard dog,guarding your property, or a knight coming to the rescue of your kings' reputation.
But beware,eventually the black knight cometh.

I originally started posting on this thread as I thought people were posting factually wrong statements and misrepresenting the truth.
Some people continue to post misinformation ,which I and others correct.

[Snow Leopard]

I can't quite work out whether you are a guard dog,guarding your property, or a knight coming to the rescue of your kings' reputation.
But beware,eventually the black knight cometh.

Best Wishes
Paper Tiger

[Snow Leopard]

Not claiming to be a banking guru myself PT, never have done. I am surprised you dismiss the credit rating skills of the likes of Fitch and the risk capital requirement assessments of the Reserve Bank so curtly though. If you believe that the BBB- risk assessment of Heartland when it was set up was too harsh (it may have been) I would love to know why.

SNOOPY

It is not the skills of Fitch or the assessments of the Reserve Bank that I have questioned.

Best Wishes
Paper Tiger

[winner69]

Good one vorno

However the average day over the last 50 has been slightly negative .... Friday is an outlier

Reversion to the mean next week and price back to 130 or less

OMG, reversion to the mean works

Not enough liquidity to do the other suggestion you make vorno