HGH - Heartland Group Holdings

[Baa_Baa]

Worldwide markets worrying.
NZX generally in the red.
Global Dairy auctions.
Profit taking / rebalancing.
Any combination of the above.

I find it easier to be a 'well positioned' LT holder than worry too much about no news intraday drops.

And technically, the top/turn-over was perfectly on the 50% Fib Extension and today's fall through the 50EMA likely spooked a few punters. $1.42 is the previous high and $1.41 is the 100EMA so those look like good price support, not fool proof but technically good.

[percy]

Not that I would recommend listening to brokers, but as you asked: Forsyth latest rating (released 17 August this year) was Neutral with a target price of $1.50.
They note the uncertainty regarding HBL's very strong capital position... and so can't take this most likely marvelous opportunity (whether that be a UDC acquisition, or a tremendous capital return) into account in their rating.

I also note on 4-traders, the consensus average is $1.51 (with 1.46 as the low and Craigs $1.56 as the high: out of 3 surveyed: http://www.4-traders.com/HEARTLAND-B...518/consensus/)

Although, word on the street is still $1.60 by Christmas

The above was posted on 30-08-2016.
The consensus appears to have been pretty close.
Lets wait and see if the word on the streer proves to be correct?..lol.

[winner69]

The above was posted on 30-08-2016.
The consensus appears to have been pretty close.
Lets wait and see if the word on the streer proves to be correct?..lol.

Didn't nbt say 2 bucks by Christmas after it reached $1.60?

[percy]

Didn't nbt say 2 bucks by Christmas after it reached $1.60?

I am sure he is right too,but not sure whether he meant Christmas this year or next?

[winner69]

I am sure he is right too,but not sure whether he meant Christmas this year or next?

nbt was saying $1.60 by Christmas this time last year as well

But then again nbt recently did say $1.06 by Christmas

Word on the street that is

[Snow Leopard]

According to the Tiger Furry Logic Valuation Engine

Heartland Bank is today worth:

$1.384

and will be, on Christmas Day, worth

$1.424

Of course the share price is a different matter entirely .

Best Wishes
Paper Tiger

[percy]

According to the Tiger Furry Logic Valuation Engine

Heartland Bank is today worth:

$1.384

and will be, on Christmas Day, worth

$1.424

Of course the share price is a different matter entirely .

Best Wishes
Paper Tiger

OK,
You have made a good effort.
But more effort is required.
Forget the Tiger Furry Logic, and revert to the tried and tested Tiger Tea Leaves reading.[Tasseograph] .
We need the answer to two very simple questions:::
1] Date and time HBL sp,[notTFL] will hit $1.60.
2] Date and time HBL sp will hit $2.00.
You will need to concentrate a little harder than you did with the EBO target price.!
Looks as though I will be closer to the $20 time and date.!!

[SCOTTY]

The current tax paid yield of 5.82% with a likely net profit increase around 10% for next year makes them look pretty tasty to me

[Bobdn]

Yield seems to mean nothing at the moment. Genesis has a 10.5% gross yield and yet it has dropped quite a bit over the last few days. Incredible how people were so keen to pile into finance companies all those years ago for a lot less return than they would get with some boring old (and I hope safer) utility/infrastructure stocks today.

Wish Genesis had a DRP like HBL.

[huxley]

Yield seems to mean nothing at the moment. Genesis has a 10.5% gross yield and yet it has dropped quite a bit over the last few days. Incredible how people were so keen to pile into finance companies all those years ago for a lot less return than they would get with some boring old (and I hope safer) utility/infrastructure stocks today.

Wish Genesis had a DRP like HBL.

GNE = zero growth plus assets being run down (kupe gas).. what would they do with the capital from a DRP?