HGH - Heartland Group Holdings

[Snoopy]

I agree. The fact they wanted (and have now applied for) a bank licence means they are being well behaved "boy scouts".

Not necessarily. They might be after guidance from the RBNZ to see what more they have to do. A failed application would supply that guidance. Do you think the new man replacing Bollard will be asked to rubber stamp this on his first day behind the desk?

This adds a large measure of security for shareholders,as does the very conservative equity ratio of 16%.

But is the equity to loan ratio really 16%? Not casting aspersions on your maths Percy, but is all of that equity real? Presumably HNZ got some money for those securitized loans when they were packaged up, otherwise why do it? What happens to that money when those securitized loans unwind, as they all seem to do within a twelve month period? Why is the balance of securitized loans increasing even after the government guarantee on depositors funds has expired?

Moving steadily on an upward trajectory.Time to load up as the train is about to leave the station.Toot Toot.

Just moving up and down with the market in general as I see it. I guess if you want to see some other pattern in the share price movement then you will find it?

SNOOPY

[percy]

Yes, HNZ are certainly doing what they set out to do.Great they have applied for the banking licence.Like all shareholders I am looking forward to the AGM,where we will be updated with progress and dividend policy.Looking forward to HNZ out performing the market.Up,up and away.

[janner]

Up Up and Away !!.. A little to close to Fairy Tale speak for my liking..

Just a good old .. Onward and Upward is good enough for me .

[Snow Leopard]

To Infinity and beyond !

[janner]

Can there be anything beyond Infinity PT ??

[Balance]

Yip, there's always infinity + 1

No such thing as finite.

Just a nice 50% upside in 12 months will do!

[percy]

My train is already loaded and ready to go ... Just waiting for the track to clear.

Track just about clear;only 16,000 left at 59cents.Toot,Hoot ,Toot.

[janner]

Toot Toot

Many on here will be very Chuff Chuff Chuffed :=))

[percy]

Track just about clear;only 16,000 left at 59cents.Toot,Hoot ,Toot.

Sorry about that,they didn't last long.
Sellers now 60cents while buyers are now 59cents.

[percy]

Toot Toot

Many on here will be very Chuff Chuff Chuffed :=))

Certainly will.!!!!