They are probably still sniffing around MTF,I wouldn't be surprised if this still goes ahead.
If so, It will be the slowest aquisition the worlds has ever seen.
They not only have the fastest loans approval, But a new world record is in the offing.
Roger mentioned that the normal Fonterra pay-out averaged only $4 for the nine years leading up to 2007 and that the $4 odd forecast for this year could be the new norm for another few years
Chart shows Fonterra pay out over the years, Current pay out is about average
Sadly many dairy farms were bought on expected returns much higher than $4. To keep on topic I would hazard a guess that some/many of these owe Heartland money and are being managed through a temporary crisis - but that crisis might not be temporary
It is wise for anybody interested in Heartland to track developments (from an external perspective)
Last edited by winner69; 12-04-2016 at 03:12 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
Roger mentioned that the normal Fonterra pay-out averaged only $4 for the nine years leading up to 2007 and that the $4 odd forecast for this year could be the new norm for another few years
Chart shows Fonterra pay out over the years, Current pay out is about average
Sadly many dairy farms were bought on expected returns much higher than $4. To keep on topic I would hazard a guess that some/many of these owe Heartland money and are being managed through a temporary crisis - but that crisis might not be temporary
This wise for anybody interested in Heartland to track developments (from an external perspective)
has no one noticed the up tick in this share...volume not bad also .......or are you making money elswhere
Could be due to the rumour that ANZ is reviewing their UDC Finance and may sell it. And HBL could be interested on it too, if we are to believe the story going around as per NBR this afternoon.
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