HGH - Heartland Group Holdings

[winner69]

Percy, you seem this before

https://vimeo.com/119552742?e=SWilso...5031&u=5572505

Is also linked from heartland website and labelled as NEW

[winner69]

Last presentation had this as a strategic priority - "Focus on Sharemilkers enabling young NZ farmers commence dairy farming business"

Last accounts nearly 1/2 billion of exposure to agriculture. Outside of households/consumer the biggest portion of their loans, by far

With major concerns over the cash flows of dairy farmers with much reduced milk payments do we have a problem on our hand? Esp when Fed Farmers say it is the share milkers (and the young ones) that are at most risk.

Who are Heartland focusing on? Hmmmm

[winner69]

Jeff on EdisonTV. They obviously been to Heartland HQ

Maybe an upcoming Edison report and valuation coming up

Great news - if Edison true to form that will be $1.60 to $2.00


Pure conjecture but if true hopefully not a cynical bid to give the share price a boost

[percy]

Percy, you seem this before

https://vimeo.com/119552742?e=SWilso...5031&u=5572505

Is also linked from heartland website and labelled as NEW

Yes I always watch it first thing in the morning and every night before I go to bed.Helps me to remain focussed on Heartland.!! lol

[percy]

Last presentation had this as a strategic priority - "Focus on Sharemilkers enabling young NZ farmers commence dairy farming business"

Last accounts nearly 1/2 billion of exposure to agriculture. Outside of households/consumer the biggest portion of their loans, by far

With major concerns over the cash flows of dairy farmers with much reduced milk payments do we have a problem on our hand? Esp when Fed Farmers say it is the share milkers (and the young ones) that are at most risk.

Who are Heartland focusing on? Hmmmm

Yes Heartland will be working with sharemilkers while they work their way through difficult times.It will be in no ones interest for sharemilkers to "walk away."
Sharemilkers make up part of Heartland's agriculture exposure.A sharemilker's income comes totally from sharemilking,so it is very important that all parties work together carefully.Heartland have the opportunity to prove to these young farmers, that Heartland Bank cares for them,and make them customers for life.
Heartland's agriculture loans cover livestock ;sheep,cattle,etc] seasonal loans [crops,fruit,vegetables etc] ,equipment,and land,so I do not know how large the exposure to sharemilkers is.

[blockhead]

It won't be just the sharemilkers who suffer, there is a lot of downstream farming activity directly related to dairy farm activity, run off farms, maize growers, silage growers, contractors and so on and on, Blockhead is normally doing 3-4 days a week working part time for a contractor here in Canterbury,....no work since Anzac day !
Chq books have been put under the mattress

[NZSilver]

If sharemilkers are cash strapped I'm sure they will require more loans for working capital - surely good for the banks.... (Banks are shops that sell debt?) As long as long term the milk price recovers and profitability increases (the low payout only lasts 1, 2 or 3 seasons. And it really depends on cost of production which is hugely variable between farms.

[Snoopy]

Last presentation had this as a strategic priority - "Focus on Sharemilkers enabling young NZ farmers commence dairy farming business"

Last accounts nearly 1/2 billion of exposure to agriculture. Outside of households/consumer the biggest portion of their loans, by far

With major concerns over the cash flows of dairy farmers with much reduced milk payments do we have a problem on our hand? Esp when Fed Farmers say it is the share milkers (and the young ones) that are at most risk.

Who are Heartland focusing on? Hmmmm

Winner, there is a taint to your recent posts on HNZ that suggests you are no longer a true believer. But this is nothing that a bit of re-education won't fix. The answer to your troubles is '4886', the universal answer. I am surprised that you have not memorized this thread post from PT which should allay any HNZ fears into the future.

-------

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.

------

We all know the new 'Heartland' of New Zealand is Auckland. That is why Heartland have moved their headquarters there. The rural stench is no longer a problem up there, and the ventilation gets even better at the top of a glass tower. And when did you last see a black swan in New Zealand?

SNOOPY

P.S. If you don't mind me quoting your own advice back to you: "Believe the story"

[percy]

3 story building at 35 Teed Street,Newmarket could never be called a "glass tower."
The lack of Black Swans in NZ, I put down to Blockhead and his mates shooting them.

[Xerof]

Percy, you seem this before

https://vimeo.com/119552742?e=SWilso...5031&u=5572505

Is also linked from heartland website and labelled as NEW

Would suggest Jeff pulls the curtains next time - Nice advert for ANZ over his left shoulder!!