HGH - Heartland Group Holdings

[winner69]

Yep...they've sold millions since June. Voting with their feet.

And probably continuing the selling as well ...wonder how many today?

Roger, they just don't get it, do they

[pennyacw]

I would have thought this was an asset allocation / macroeconomic adjustment on ACC's part. With rating agencies downgrading NZ Banks this will be of a reflection of this. ACC have lowered their allocation to a range of financial institutions lately.

[trader_jackson]

Yes ACC, won't be targeting heartland specifically I think, in fact I am glad ACC is the one who is "selling", as it is probably more "broad/allocation" based rather than specifically targeted at heartland

I think the selling has been reduced, as sell orders in generally seem to be a bit lower than they were say last week. As soon as any downward pressure on the share price (such as this selling by ACC - it is effectively putting a lid on the share price) is finished, the share price will rise above $1.20 relatively quickly (I imagine)

[SCOTTY]

Nothing to worry about. Just cashing up to pay for my last week shoulder operation.

[Beagle]

And probably continuing the selling as well ...wonder how many today?

Roger, they just don't get it, do they

No mate they have no idea whatsoever. Those of us that are patient will easily see off ACC's remaining 23m shares and the dairy downturn no problems at all. We're golden mate.

[percy]

Nothing to worry about. Just cashing up to pay for my last week shoulder operation.

Thought the up coming divie would have covered it...lol.

[percy]

Interesting seeing astute ACC selling down, while three insiders are increasing their holdings.
Please yourself who you think is right,astute ACC, or savy director Tomlinson,CEO Greenslade and Head of Banking Flood.
I am with the insiders.!!.
They are using THEIR OWN money after-all.!!! lol.

[SCOTTY]

Interesting seeing astute ACC selling down, while three insiders are increasing their holdings.
Please yourself who you think is right,astute ACC, or savy director Tomlinson,CEO Greenslade and Head of Banking Flood.
I am with the insiders.!!.
They are using THEIR OWN money after-all.!!! lol.

I'm with you Percy. Also topped up. Just hope the price stays down until ex drip

[winner69]

Their (ACC) record of successful investing in the sharemarket means you have don't have work so hard to pay their fees.
Yes,it pays to watch what they do.

A year ago ....suppose it depends on how hard you defend the cause whether it is seen as good or bad when ACC buy or sell

When ACC become a SSH again we can celebrate again

[Arbitrage]

ACC has its own reasons for buying and selling as they have demands for our money (such as the costs of accidents!!) they look after that they have to meet. Therefore they are not necessarily a good lead to follow. After topping up earlier in the week at 110 I am with the insiders.