HGH - Heartland Group Holdings

[winner69]

Percy - everybody having some shares cancelled - your 'share of the pie' stays the same - yes?

[Baa_Baa]

Percy - everybody having some shares cancelled - your 'share of the pie' stays the same - yes?

That's what the announce said.

Thanks folks for helping to explain this.

[Onion]

Percy - everybody having some shares cancelled - your 'share of the pie' stays the same - yes?

If you reinvest the cash back into shares your 'share of the pie' will grow.

[winner69]

If you reinvest the cash back into shares your 'share of the pie' will grow.

..... but I could buy shares today as well and increase my share of the pie

[Snow Leopard]

Company owns banks = two sets of accounts to read
Company is bank = one set of accounts to read

If that does not double the share price then I will eat my lunch

Best Wishes
Paper Tiger

[iceman]

If you reinvest the cash back into shares your 'share of the pie' will grow.

I am sure there will be many SH that use the cash they'll get to buy more shares. That's why I would have preferred an on market buyback. Much simpler for us !

[Deej5]

AIA bought back 10% of my shares last year. The price per share was decided before the buy back and it was less than the price per share when paid. I paid more to replace the shares but because there are less shares (by 10%) the share price increased. I'm a bit happy.

[tim23]

Market likes, I said last month great yield and the market doesn't seem to (may be now) realise the value of Harmoney stake and reverse mortgage growth potential.

[winner69]

That's what the announce said.

Thanks folks for helping to explain this.

But are you any the wiser BaaBaa

Key is debt is cheaper than equity

[Baa_Baa]

But are you any the wiser BaaBaa

Key is debt is cheaper than equity

Wiser, as in wisdom, or applied knowledge with good judgement? According to Rogers calculations (thanks) the market has already, and quickly priced in the EPS. Wise might have been buying instantly on the announce. I'll have to be satisfied just being more knowledgeable.
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