HGH - Heartland Group Holdings

[percy]

We are so well positioned we are expecting a 19% increase in 2nd half earnings over pcp - whoopee

And they only achieved 9% increase in H1

Heartland certainly firing up for the 2nd half - no wonder the share price is roaring ahead and back to former glorious heights

I am more than happy with the 9% H1 increase,and the increased dividend.
I don't share your expectations.
So happy, I am buying back some of the shares I sold a few weeks ago.
Currently buying at $1.16,.

[SCOTTY]

I am more than happy with the 9% H1 increase,and the increased dividend.
I don't share your expectations.
So happy, I am buying back some of the shares I sold a few weeks ago.
Currently buying at $1.16,.

I'm with you Percy. HBL is a good solid Bank (without high risk residential lending) not a lotto ticket.����

[Beagle]

I am more than happy with the 9% H1 increase,and the increased dividend.
I don't share your expectations.
So happy, I am buying back some of the shares I sold a few weeks ago.
Currently buying at $1.16,.

There's currently only one buyer at $1.16...now filled. Market quite rightly, in my opinion, remains concerned about how long banks carry loss making customers whether its dairy, mining, whatever... in HBL's case obviously dairy is still a contingent issue and until there's a meaningful recovery in the GDT auction price, (strong correlation as suspected and subsequently demonstrated by Winner69 with his graph) I think it will be difficult for the HBL's SP to make real progress north. That said there's the good fully imputed yield at this price should be supportive of SP around these level's I would have thought.
Most Australasian banks have seen their forward PE's clipped back on asset quality concerns...HBL simply following the international trend in that regard.
Disc - Waiting to buy when GDT auction prices show a real recovery.

[winner69]

I am more than happy with the 9% H1 increase,and the increased dividend.
I don't share your expectations.
So happy, I am buying back some of the shares I sold a few weeks ago.
Currently buying at $1.16,.

The +19% increase in H2 earnings is not my expectations - it's Heartlands own expectations

Yes $1.16 is very cheap on those expectations

[eew59]

Headwinds out there on requirements for bad debts provisioning - suspect HBL is keeping powder dry for the problems ahead as dairy sector problems bite.

http://www.stuff.co.nz/business/7716...n-400000-fraud

[Snow Leopard]

The +19% increase in H2 earnings is not my expectations - it's Heartlands own expectations

Yes $1.16 is very cheap on those expectations

An expectation range from 2.8% to 19.0%.

Best Wishes
Paper Tiger

PS: Satisfied with the result.

[winner69]

An expectation range from 2.8% to 19.0%.

Best Wishes
Paper Tiger

PS: Satisfied with the result.

But they always do what they say they will do. - and deliver to just under top end of guidance

If it was only 2.8% wouldn't that be a disaster - or disappointing at least

[trader_jackson]

I really don't understand why after beating expectations, hiking the dividend (something Forsyth at least wasn't expecting) and showing robust strength all round, the share price didn't move...?!?

[nextbigthing]

I really don't understand why after beating expectations, hiking the dividend (something Forsyth at least wasn't expecting) and showing robust strength all round, the share price didn't move...?!?

Hi Michael,

I think it's simply to do with the global investment community being cautious in general, and the market factoring in a little bit of dairy induced weakness for the upcoming years. If you feel it's being incorrectly undervalued, then buy up large, then sit back, relax and enjoy your growth and divvys.

[winner69]

I really don't understand why after beating expectations, hiking the dividend (something Forsyth at least wasn't expecting) and showing robust strength all round, the share price didn't move...?!?

You should be pleased then t_j - still time to back the track up.

There was plenty of excitement early on today - reached 122