HGH - Heartland Group Holdings

[warthog]

Dairy prices contine to tumble, recession to hit heartland New Zealand

That's what I heard n the radio this morning


Must affect Heartland sometime, even if it is the downstream impacts

Aaaand HNZ up almost 1%…

[vorno]

I think I feel the winds of change.

[winner69]

Aaaand HNZ up almost 1%…

The word must be out - Jeff to come out with a boomer guidance for F16

And $46m-$48m for F15 is actually higher - the postman always delivers they say (at least 3 times. Week)

[winner69]

I think I feel the winds of change.

heading $1.60 barring accidents (and this baby not swimming naked) ....remember it was $1.40 not that long ago

[Jay]

Going the opposite direction so far today -or is just flexing the rubber band before it lets go and rushes towards $1.60+ ?

[Master98]

Note 4-traders.
PGW eps.; 2014 .... 5.6.....2015....5.10.....2016.....4.30...... 2017.....5............Stagnant..
HNZ eps.;2014 ........9.......2015.....9.7.......2016....10.4... ....2017.....12.2......Growth.

percy, i pretty sure 4-traders not yet factor in current dairy collapse which heavily impact HNZ forwards.
also not yet factor in PGW earnings upgrade twice.

[percy]

I have posted a reply on PGW thread.
What we must remember is PGW's total business is in the rural sector,while the rural sector is only a part of HNZ's.A very important part yes.Of HNZ rural sector business dairy sector makes up only a part of their lending.It is secured lending, with guarantees.
In post # 5583 I have pointed out which banks have the largest exposure.

[Master98]

percy, i pretty sure 4-traders not yet factor in current dairy collapse which heavily impact HNZ forwards.
also not yet factor in PGW earnings upgrade twice.

PGW has insisted they have most diversified agri exposure and dairy only count very small, pgw is very smart to sold their finance arm PGWF to HNZ years ago, it was a smart move and HNZ hold this hot potato.

[percy]

PGW has insisted they have most diversified agri exposure and dairy only count very small, pgw is very smart to sold their finance arm PGWF to HNZ years ago, it was a smart move and HNZ hold this hot potato.

Been, and will continue to be a very successful arrangement for both PGW and HNZ.

[RTM]

I hold quite a few shares in Bank of America(BAC). Nearly everything I read indicates that when interest rates increase later in the year, BAC should do really well. I hope this is correct. I also have quite a few HNZ shares. In fact it is my biggest NZ holding. I am thinking that the lower interest rate environment that we are moving into is going to negatively impact HNZ over the next 12-18 months. I will continue to hold....although looking back should perhaps have lightened up a bit when they were around $1.40. Note: Also have some PGW.