HGH - Heartland Group Holdings

[Snow Leopard]

Seems to be much rejoicing in the streets that once again Heartland has failed to go bust despite all the dodgy lending they indulge in.

Tiger Valuations:
Today: $1.385;
One year hence: $1.468.

Best Wishes
Paper Tiger

[Jantar]

Tiger Valuations:
Today: $1.385;
One year hence: $1.468.

Best Wishes
Paper Tiger

Jantar Valuations:
Today: $1.469;
One year hence: $1.611 (provided HBL's guidance is as good as it has been in the past.

[Snow Leopard]

Jantar Valuations:
Today: $1.469;
One year hence: $1.611 (provided HBL's guidance is as good as it has been in the past.

Obviously you are not signed up for the DRiP.

Best Wishes
Paper Tiger

[percy]

On numerous occasions they say ' Strongest Net Interest Margin amongst competitors'

Nothing new there

But strangely they don't actually say what the net interest margin is. Wonder how Percy's favourite table of ever increasing margins looks like if they add the F16 number?

The 2/06/2016 presentation gave the figure 4.4% [and increasing]

[winner69]

The 2/06/2016 presentation gave the figure 4.4% [and increasing]

........wonder what F16 is

Nor saying means might be lower?

[percy]

........wonder what F16 is

Nor saying means might be lower?

No reason why the increasing trend should not continue.

[Beagle]

This dog continues to think there's better places to hunt for value but for what its worth my assessment is, (contingent on dairy price continuing to recover and chooks not finally coming home to roost for this troubled sector which is by no means a certainty,) at the mid point of their forecast I see EPS of 11.9 cps for FY17. I can't see any reason given the modest growth forecast and risks all banks face to ascribe a PE of at most 12, (and that's really stretching my snout right out) so I see 12 x 11.9, fair value in a year's time if all goes well @ $1.43 so I will continue to leave other divvy hounds to enjoy their feeds with this one.

[winner69]

At least the share price didn't go down today

HBL lives to fight another day

at 1.4 times book value now ....hmmm

[trader_jackson]

I look forward to hearing about what they plan to do with all their capital... return or acquisition, it can only be good for shareholders , Mr Market continues to ignore this...

Mr Market also ignores the fact while most 'big' bank profits are barely increasing or even decreasing, HBL is way above this with double digit growth, which is expected to continue.

As I expected, on relatively low turn over (for a results day at least) there was only a modest overall gain (I am quite sure on results day last year there was no gain... last years amazing results took a few weeks to settle in, and then the share price started steadily rising... could be the same for this year)

Word on the street is still $1.60 by the end of the year

[Snow Leopard]

I look forward to hearing about what they plan to do with all their capital... return or acquisition, it can only be good for shareholders , Mr Market continues to ignore this...

Mr Market also ignores the fact while most 'big' bank profits are barely increasing or even decreasing, HBL is way above this with double digit growth, which is expected to continue.

As I expected, on relatively low turn over (for a results day at least) there was only a modest overall gain (I am quite sure on results day last year there was no gain... last years amazing results took a few weeks to settle in, and then the share price started steadily rising... could be the same for this year)

Word on the street is still $1.60 by the end of the year

Your enthusiasm is amusing.


From last years announcement [on the left] to yesterday.

Best Wishes
Paper Tiger

Disc: Lots of HBL & in the DRiP