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  1. #9801
    Senior Member Marilyn Munroe's Avatar
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    The directors of Heartland should be careful this is not seen as payment of an indulgence to wash away their sins should the Commerce Commissions case go against them.

    Edit:Oops scratch that I was confusing Harmony with Heartland.

    Boop boop de do
    Marilyn
    Last edited by Marilyn Munroe; 11-09-2017 at 10:10 AM. Reason: premis of post wrong
    Diamonds are a girls best friend.

  2. #9802
    percy
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    Quote Originally Posted by Marilyn Munroe View Post
    The directors of Heartland should be careful this is not seen as payment of an indulgence to wash away their sins should the Commerce Commissions case go against them.

    Boop boop de do
    Marilyn
    What case?.
    Should you be refering to Harmoney,put it on Harmoney's thread,as it is small beer to HBL..

  3. #9803
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    The Board and management must be able to justify the donation. They need to be asked what the return is on the 'investment'.
    Surely this was done with a benefit to the company in mind?
    Otherwise it is totally unjustified and a waste shareholders money.
    Without accountability where does this end? Are they entitled to give away your money to whatever cause -political or otherwise -that takes their fancy?

  4. #9804
    Hunting for more dog food Beagle's Avatar
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    Quote Originally Posted by biker View Post
    The Board and management must be able to justify the donation. They need to be asked what the return is on the 'investment'.
    Surely this was done with a benefit to the company in mind?
    Otherwise it is totally unjustified and a waste shareholders money.
    Without accountability where does this end? Are they entitled to give away your money to whatever cause -political or otherwise -that takes their fancy?
    Well said. They have a duty of care to shareholders to maximize returns so someone needs to step up to the plate and ask them at the forthcoming annual meeting how this is in the best interests of shareholders ? Forgive me I forget, where is the annual meeting being held this year ? Its no secret the hound enjoys a good debate and is never shy of barking so if I go along I'll bark about it.
    No butts, hold no mutts, (unless they're the furry variety).

  5. #9805
    percy
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    On your bike Biker,and head to HBL's next agm and tell the directors.
    The Beagle will give support with one of his great howls.
    I look forward to watching the show, on the agm web cast.
    Should liven up proceedings.
    lol.

  6. #9806
    One Fearsome Feline winner69's Avatar
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    Quote Originally Posted by biker View Post
    The Board and management must be able to justify the donation. They need to be asked what the return is on the 'investment'.
    Surely this was done with a benefit to the company in mind?
    Otherwise it is totally unjustified and a waste shareholders money.
    Without accountability where does this end? Are they entitled to give away your money to whatever cause -political or otherwise -that takes their fancy?
    Doesn't a return in 'investment' sort of imply bribe?

    Not good
    Last edited by winner69; 11-09-2017 at 04:28 PM.
    “What the wise man does in the beginning, the fool does in the end”

  7. #9807
    Hunting for more dog food Beagle's Avatar
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    Quote Originally Posted by percy View Post
    On your bike Biker,and head to HBL's next agm and tell the directors.
    The Beagle will give support with one of his great howls.
    I look forward to watching the show, on the agm web cast.
    Should liven up proceedings.
    lol.
    If Biker is nice and gives the beagle a pat I might promote him to "Beagle status" for the day and then we can howl in unison
    https://www.bing.com/videos/search?q...C6&FORM=VRDGAR
    No butts, hold no mutts, (unless they're the furry variety).

  8. #9808
    percy
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    Quote Originally Posted by Beagle View Post
    If Biker is nice and gives the beagle a pat I might promote him to "Beagle status" for the day and then we can howl in unison
    https://www.bing.com/videos/search?q...C6&FORM=VRDGAR
    That's disgraceful.
    I note the other hound even howls out of tune,!

  9. #9809
    Hunting for more dog food Beagle's Avatar
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    Quote Originally Posted by percy View Post
    That's disgraceful.
    I note the other hound even howls out of tune,!
    lol..more annoying for the board when different shareholders howl about the same issue but with different tunes
    No butts, hold no mutts, (unless they're the furry variety).

  10. #9810
    Membaa
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    Quote Originally Posted by Beagle View Post
    lol..more annoying for the board when different shareholders howl about the same issue but with different tunes
    That's what makes the board so valuable, differing methods, viewpoints and opinions. Sad that some seem to move very quickly to deriding anything that differs from their own viewpoint. A more mature and respectful approach is to state ones views and ignore others that one does not agree with, outside of an informed debate, especially avoiding personal derision, thus letting the readers decide for themselves. This thread has at times plumbed the heights of ramping, the lows of downramping and the disappointing depths of personal attacks. Unnecessary really.

  11. #9811
    Hunting for more dog food Beagle's Avatar
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    Some of us are not like good sheep that follow along and accept whatever management and the board do, we like the board and management to be accountable for dubious actions. Its called shareholder activism and all shareholders are generally far better off for those shareholders brave enough to enter the fray.
    Last edited by Beagle; 12-09-2017 at 08:38 AM.
    No butts, hold no mutts, (unless they're the furry variety).

  12. #9812
    percy
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    Quote Originally Posted by Beagle View Post
    Some of us are not like good sheep that follow along and accept whatever management and the board do, we like the board and management to be accountable for dubious actions. Its called shareholder activism and all shareholders are generally far better off for those shareholders brave enough to enter the fray.
    I think it always pays to attend agms and raise any issues you should have.
    I also ring companies,and get answers to anything I want to know.

  13. #9813
    Hunting for more dog food Beagle's Avatar
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    Quote Originally Posted by percy View Post
    I think it always pays to attend agms and raise any issues you should have.
    I also ring companies,and get answers to anything I want to know.
    Good on you mate. I'm not afraid to make some noise / ask questions / provide input outside of annual meeting forums when appropriate too.
    Its people like us that provide directors with useful checks and balances.
    No butts, hold no mutts, (unless they're the furry variety).

  14. #9814
    percy
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    Once upon a time a very long time ago I was rather a large shareholder in SCY,and always used to turn up at their agm with a list of questions.
    After one of the agms I was asked to ring Mr.........., or Mr.......... anytime,and they would answer my questions,saving them the embarassment of them having to be on the back foot answering them at the agms.
    I did ring them and they always answered my questions.
    Since then, other than having an almighty go at Postie Plus directors, at their agm,I have found ringing or attending presentations,as well as agms.leaves me with no unanswered questions, and well positioned.
    Offcourse you learn very quickly whose word/words you can trust.

  15. #9815
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    Quote Originally Posted by beetills View Post
    Heartland Bank $57400 donation to the Nats.
    Is this ok?
    Looks like the market doesn't like it . It will be lower tomorrow i think. I defiantly don't agree.
    Now they might loose the respect of a good chunk of shareholders and they will sell out this week.
    ( i think, maybe, not sure, who can tell ? )
    mmm unwise this was, more discerning one must be...... Shareholders unhappy will become .....

  16. #9816
    percy
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    Quote Originally Posted by Yoda View Post
    Looks like the market doesn't like it . It will be lower tomorrow i think. I defiantly don't agree.
    Now they might loose the respect of a good chunk of shareholders and they will sell out this week.
    ( i think, maybe, not sure, who can tell ? )
    mmm unwise this was, more discerning one must be...... Shareholders unhappy will become .....
    Not so.The share price is being manipulated lower, by very far right wing greedy capitalists,who are endeavoring to get more shares with DRP.
    Devoted socialists should be awake to this ploy,and spend all their rainy day funds, driving up the share price, so they don't get away with it.
    "Let's do this" kiddy winks.
    Last edited by percy; 12-09-2017 at 09:16 PM.

  17. #9817
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    Haha. Dont we just love elections to put the cat among the pigions .

  18. #9818
    percy
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    Quote Originally Posted by Yoda View Post
    Haha. Dont we just love elections to put the cat among the pigions .
    Pleased you took it that way and did not take offence.

  19. #9819
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    Quote Originally Posted by percy View Post
    Not so.The share price is being manipulated lower, by very far right wing greedy capitalists,who are endeavoring to get more shares with DRP.
    Devoted socialists should be awake to this ploy,and spend all their rainy day funds, driving up the share price, so they don't get away with it.
    "Let's do this" kiddy winks.
    Is DRP= to av. price over next 10 Buss. days from ex div date? If so 20/9/17 is last day, then sp will get stronger after that?

  20. #9820
    percy
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    Quote Originally Posted by see weed View Post
    Is DRP= to av. price over next 10 Buss. days from ex div date? If so 20/9/17 is last day, then sp will get stronger after that?
    Often is the case,but not always.
    Sorry to be vague,but if I say it will,it willn't,if I say it willn't, it will.

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