HGH - Heartland Group Holdings

[Master98]

Significant.??
Annual meeting put off for 5 weeks from Friday 6th November to 11th December.??!!!!! ??????????????????
"Something in the air"?
Last time they did this was when they thought they would have the banking licence by the later date.
The thirsty ones will be disappointed by the early 1.30 pm start.May be lucky to get a cup of tea.

Extra one month uncertainty, I could pick $1.0 per share before the annual meeting.

[RTM]

Thank you Roger and PaperTiger, that helps me understand.
So its the ones we don't know about that we need to be concerned about !
Cheers,
RTM

You may notice that the receivers and then the liquidators were called in March 2014, 18 months ago.
So it is highly likely that it featured in the FY2014 accounts and in an adjusted form in the FY2015 accounts.

Best Wishes
Paper Tiger

[Harvey Specter]

Thank you Roger and PaperTiger, that helps me understand.
So its the ones we don't know about that we need to be concerned about !
Cheers,
RTM

no! It's the ones Heartland doesn't know about that you may (if you so desired) be worried about. But I wouldnt bother - they are a bank and bad debts are part of their business and (hopefully) factored into the interest rates they charge.

[K1W1G0LD]

Here's one for all the Worry Warts on here ......................some in the stock market for the wrong reasons.
Specifically for this company though!

https://www.youtube.com/watch?v=d-diB65scQU

Bobby Mcferrin has it nailed!!

[Arbitrage]

Any chartists out there want to comment about the $1.16 price today? A breakout or a blip?

[beetills]

Isee that TURNERS are making a bid for 20% of MTF.
Weren't HNZ at one stage trying to buy MTF.

[sb9]

Any chartists out there want to comment about the $1.16 price today? A breakout or a blip?

One more day before it goes ex-div, so trying to get in before that I think.

[Deej5]

One more day before it goes ex-div, so trying to get in before that I think.

I get that - but what I don't get, is why sell?

[percy]

Isee that TURNERS are making a bid for 20% of MTF.
Weren't HNZ at one stage trying to buy MTF.

Yes they were last year.
Until the result of the court case appeal is known,no-one knows what the actual liability is,so TNR are game.
Most of the owner dealers of MTF are Turner's competitors,so TNR's increasing their holding to near 20% will most probably work against the other MTF shareholders interest.
It will stop someone like HNZ taking over MTF.Had HNZ taken over MTF it would have been a good bolt on for HNZ, and the MTF dealers would have had a bank financing their deals.

[sb9]

In the meantime, Chris Mace (Director) increases his holding to 1ml shares through latest purchase.