HGH - Heartland Group Holdings

[winner69]

GDP prices boom - whole milk powder up 19%

That'll boost HBL share price today - good milk prices always seem to help

Good for dairy farmers - good for Heartland

From yesterdays announcement - We appetite for new business with sharemilkers and dairy farmers who meet lending criteria.

That criteria just got easier to meet = more lending

And probably be able to write back some of the provisions made = more profit

$60m next year piece of cake

[winner69]

You have to say Heartland npat was really $55.2m if you take into account the $1m they spent on that 28 page book for the restructure and capital return

And guidance for F17 is only $57m-$60m.

[Jantar]

You have to say Heartland npat was really $55.2m if you take into account the $1m they spent on that 28 page book for the restructure and capital return

And guidance for F17 is only $57m-$60m.

I feel confident that they will find something else to spend a million or two on to ensure that NPAT does come within that range.

[trader_jackson]

http://www.nzherald.co.nz/business/n...ectid=11695555

Further confirmation Dairy isn't likely to blow up into a big issue

Forsyth price target: $1.50 , but downgraded to neutral as uncertainty around capital return / acquisition weighs

With the above, and NBR's article this morning, it is really hard to see how HBL's share price isn't higher

[Joshuatree]

Craigs upped price target to $1,56 from $1.34. More loan growth to come and leverage and momentum to continue.

[winner69]

When Whole Milk prices go Heartland share price goes

Maybe a coincidence but maybe not - it could show that something drives a relationship between the two

Interesting if nothing else

[winner69]

Heartland keep on saying the health of their business depends on GDP growth and employment levels

Heck - unemployment rate just fallen to 5.1% (Stats NZ)

Good news for Heartland

[trader_jackson]

Thank you winner69 and joshuatree... Mr Market, let us aim for HBL at the magic $1.50 by the end of the week

[nextbigthing]

Hey nextbigthing - $1.60 sooner than we thought seeing world is so happy these days

Craigs finally updated to a target of $1.56. Which part of $1.60 by Christmas are they struggling to understand? Pretty simple really. I guess they're just going to revise it upwards again closer to the time.

[Jantar]

Craigs finally updated to a target of $1.56. Which part of $1.60 by Christmas are they struggling to understand? Pretty simple really. I guess they're just going to revise it upwards again closer to the time.

$1.56, plus a 5c dividend makes it $1.61 equivilent