HGH - Heartland Group Holdings

[Harvey Specter]

https://www.nzx.com/companies/HNZ/announcements/264147

I guess this is where some of the shares have gone. Good to see a Director increasing his holding by this amount, 3.8Million shares.
I suppose he has good access to finance.

Is this a beneficial holding? - looks like he holds 48m shares so over $60m worth!

[percy]

Is this a beneficial holding? - looks like he holds 48m shares so over $60m worth!

Latest lot, he only had $200 change out of a $5mil note""!!!!!
Yes great seeing him as a director taking his holding to over 10%.
A strong vote of confidence in Heartland.

[Harvey Specter]

Latest lot, he only had $200 change out of a $5mil note""!!!!!
Yes great seeing him as a director taking his holding to over 10%.
A strong vote of confidence in Heartland.

So it is all his? He's not on the NBR richlist (yet) but his holding alone should see him there next yer.

[K1W1G0LD]

Latest lot, he only had $200 change out of a $5mil note""!!!!!
Yes great seeing him as a director taking his holding to over 10%.
A strong vote of confidence in Heartland.

Greg Tomlinson , is one very savvy businessman (and a nice guy too)........and to take such a high stake he obviously knows the Bank is going to remain a good performer .

[winner69]

Didn't Tomlinson thru Impact Capital underwrite the bail out cap raising?

Like percy he got a lot of his shares at 50 cents odd

[percy]

So it is all his? He's not on the NBR richlist (yet) but his holding alone should see him there next yer.

And then progress steadily year after year up that list..

[percy]

Didn't Tomlinson thru Impact Capital underwrite the bail out cap raising?

Like percy he got a lot of his shares at 50 cents odd

Yes he was one of the original cap raising underwriters.I think at the time someone here thought he was "wholesaling" a parcel for George Kerr.Turns out Tomlinson is a very highly regarded business person,and appears to share the other directors' pride in Heartland.

[Xerof]

He eventually proved himself to be a smarter investor than Kerr. He got shafted with the first two underwritings (88 and 65, I think) and from what I heard privately at the time, was mightily pissed off with his 'mate' when the price collapsed to 35 cents. He got the last laugh however, when he took advantage of the forced sale required by Kerr to cover the FMA's demand that Kerr's inter-entity 'loan' be repaid. IIRC he picked them up near 50, along with other astute investors (P Carter was one of them, I think) and the course for the share price has never looked back since that particular fog lifted.

As was said at the time, couldn't have happened to a nicer guy, and it was meant to apply to both parties

I have never met him and don't claim to know him at all, but I think he made his early money in healthcare and/or retirement villages, or perhaps it was mussels.......

[Beagle]

That's what I call a serious vote of confidence by a director.

[winner69]

Tomlinson started off with mussels and then retirement through Qualcare.. A lot of his current effort with Impact Capital

Your directors profile

http://www.heartland.co.nz/team/3/hn...tomlinson.aspx