HGH - Heartland Group Holdings

[winner69]

Just need to remember couta at any point in time some of us have our investing hats on ,some trading hats on and in winners case all hats on.

We are all traders (of price)

I wouldn't call any on this forum investors / owners .....price is what drives our (trading) behaviour

Some trades are short term, other trades can last for years

Even Percy has his price he will sell Heartland if it comes to that.

[Joshuatree]

Traders pay tax investors don't. I have a small trading acc and a large investing acc.

[winner69]

Traders pay tax investors don't. I have a small trading acc and a large investing acc.

Semantics

We all behave like traders. (Not investors)

I assume you buy and sell (ie trade) what is in your investing account. Seem to be have been busy lately going from your recent posts.

Multi year trades are the best ones

[winner69]

Just need to remember couta at any point in time some of us have our investing hats on ,some trading hats on and in winners case all hats on.

Mr de Bono would say I have black and green hats, a great combination

[Joshuatree]

Semantics

We all behave like traders. (Not investors)

I assume you buy and sell (ie trade) what is in your investing account. Seem to be have been busy lately going from your recent posts.

Multi year trades are the best ones

Speak for yourself.Many are investors on here and herein lies the problem ; confusion re stock discussions with such varying strategies. maybe a day traders or a trading thread on Sharetrader would be useful and give more transparency.

[Beagle]

Great company, not the time to be holding at the moment for somebody who is not a long term buy and hold type. I'd love to hold for years if the price was steadily rising.

That's where I am at the moment.

Percy a good guy. We have had a lot of good banter over the years but he does seem to bring out the bad in me sometimes.

I can TOTALLY relate to what you're saying mate lol

[Beagle]

I thought it was quite interesting yesterday that notwithstanding the big bounce in the Aussie banking shares and for most of the day the Dow futures pointing 200-400 points upwards, HNZ opened significantly weaker and stayed down all day while many other NZX stocks recovered. Make of that what you will...

Ditto today....and the downtrend continues unabated. What a great party. China market rebounds 3% as at the time of NZX close and the ASX is up and yet HNZ down again... now to $1.07

[winner69]

ANZ has an NTA of $16.32 and is currently priced at almost 2x that at $30.98

Using this same valuation metric of 2x NTA, HNZ is clearly worth almost $1.80

Just let me get my fill before you all start putting your bids in

Jeff doesn't include ANZ in his peer group

But when he starts ramping the share price he uses the 1.9 NTA average of the peer group (smaller Aussie banks)

Hasn't done a god job with his ramping has he (sorry promoting) ...even analysts use a 1.2 figure

[Beagle]

Speaking of ANZ...its time to compare the really meaningful metric EPS At the current SP ANZ is on a 2015 PE of only 10.7 times
http://www.4-traders.com/AUSTRALIA-A...apide&mots=ANZ
Apply the same PE to HNZ based on their eps of 10 cps last year and what do you know...you get $1.07.

[winner69]

That 107 close is a new low in this 6 1/2 month downtrend. Downtrend remains in place.

Jt, That's said with my 'white hat' on