HGH - Heartland Group Holdings

[Beagle]

Hope not a case of 'easy come easy go'

So 2 minutes to get the loan (approved?) - how long to get the money in your account?

One of Geneva finance's key marketing tools was "Finance Made Easy" I still have one of their sky blue, (happy colour, cunning marketing eh !), car chamois they handed out at an annual meeting with that embodied on it to remind me what a "resounding success" that business model was. I should frame it and hang it on the wall in my office. Making credit rapidly available on an unsecured basis relying almost solely on the existing credit score of an applicant is not a business model that's worked well for the vast majority of finance companies. Suppose since HBL are a bank and come under RBNZ security its different for them...one supposes that dairy farmers and the 180 odd staff from Fisher and Paykel's manufacturing plant about to be made redundant and start new "low risk" business's are prime candidates for this marketing initiative and a great way for HBL to show ongoing and enduring support at this tough time in their lives.

[percy]

Hope not a case of 'easy come easy go'

So 2 minutes to get the loan (approved?) - how long to get the money in your account?

Overnight should your loan be approved.

[Beagle]

http://www.nzherald.co.nz/business/n...ectid=11620157

Interesting times. Just a thought. What if $4 kg is simply a reversion to the old normal ? Keep in mind we averaged $4 kg for nine years from 1999 to 2007. Reserve bank thinks worst case scenario is land values fall by 40% if we endure low dairy pay-outs for circa 4 years, but what if $4 kg simply becomes the new normal for nearly a decade like last time ?

[winner69]

http://www.nzherald.co.nz/business/n...ectid=11620157

Interesting times. Just a thought. What if $4 kg is simply a reversion to the old normal ? Keep in mind we averaged $4 kg for nine years from 1999 to 2007. Reserve bank thinks worst case scenario is land values fall by 40% if we endure low dairy pay-outs for circa 4 years, but what if $4 kg simply becomes the new normal for nearly a decade like last time ?

Just as well Heartland don't have much exposure to dairy loans, unlike the bank banks and Rabobank

[Marilyn Munroe]

......what if $4 kg simply becomes the new normal for nearly a decade like last time ?

This item by Keith Woodford suggests your concerns are feasible;

http://www.interest.co.nz/rural-news...ve-not-focused

Boop boop de do
Marilyn

[K1W1G0LD]

This item by Keith Woodford suggests your concerns are feasible;

http://www.interest.co.nz/rural-news...ve-not-focused

Boop boop de do
Marilyn

This has what? to do with HBL

[K1W1G0LD]

This item by Keith Woodford suggests your concerns are feasible;

http://www.interest.co.nz/rural-news...ve-not-focused

Boop boop de do
Marilyn

Here try this thread

http://www.sharetrader.co.nz/showthr...r-dairy-issues

[winner69]

This has what? to do with HBL

Hesrtlands exposure to the dairy sector

[K1W1G0LD]

Really, that's just you being mischeivious again winner.........................I thought we'd all gotten over that.

[winner69]

Really, that's just you being mischeivious again winner.........................I thought we'd all gotten over that.

Sharehoders need to be kept an eye on dairy exposure

Is 8% of their lending book ($200 plus) and if anthing goes a bit awry the impact has to be seen in the context of annual earnings of $55m

Its stupid to ignore all together