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07-12-2016, 10:06 AM
#8321
Time for a name change for our finance company / bank
The Press is calling Crusher Collins Mrs Heartland - OMG
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-12-2016, 10:13 AM
#8322
Originally Posted by winner69
Time for a name change for our finance company / bank
The Press is calling Crusher Collins Mrs Heartland - OMG
Not nice at all.!!!
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07-12-2016, 01:27 PM
#8323
Originally Posted by percy
I will not invest in a company which has an ex politician on the board.
Doug Graham,Ruth Richardson,Jenny Shipley,Philip Burdon etc have scared me off them.!
Probably wasn't good business to lend around 20 % of the loan book to one party so another on the list for you Percy ?
https://www.nbr.co.nz/article/truste...rges-ck-111984
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07-12-2016, 02:00 PM
#8324
Originally Posted by beetills
JOHN KEY for CFO.
There is another bank more closely aligned with Mr Keys hip pocket, the Bank of America
John would be wise to decline a B of A CFO gig. If the Federal Reserve were to disgorge the rubbish B of A pushed through the discount window and got paid face value for then both he and B of A would be in deep deep trouble.
Boop boop de do
Marilyn
Diamonds are a girls best friend.
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09-12-2016, 01:01 PM
#8325
If the AFR is to be believed HBL won't be buying UDC Finance.
"ANZ is set to ink deal with China's HNA ( to buy UDC)."
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09-12-2016, 04:44 PM
#8326
Originally Posted by macduffy
If the AFR is to be believed HBL won't be buying UDC Finance.
"ANZ is set to ink deal with China's HNA ( to buy UDC)."
AFR are usually 'pretty correct' unfortunately (or fortunately?), if these are true, it is quite likely they would have paid anyting, and easily fronted up with all the cash, and ANZ would have liked both these things.
Would be a shame to see another financial services company be brought out by foreigners, but it is what it is
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09-12-2016, 04:52 PM
#8327
Originally Posted by trader_jackson
AFR are usually 'pretty correct' unfortunately (or fortunately?), if these are true, it is quite likely they would have paid anyting, and easily fronted up with all the cash, and ANZ would have liked both these things.
Would be a shame to see another financial services company be brought out by foreigners, but it is what it is
Not unexpected.
I look forward to finding out the price and multiples UDC gets sold for.
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09-12-2016, 05:08 PM
#8328
Originally Posted by trader_jackson
AFR are usually 'pretty correct' unfortunately (or fortunately?), if these are true, it is quite likely they would have paid anyting, and easily fronted up with all the cash, and ANZ would have liked both these things.
Would be a shame to see another financial services company be brought out by foreigners, but it is what it is
Buying UDC was never really likely was it
As long as the current good economic times continue organic growth will see us through
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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09-12-2016, 06:01 PM
#8329
Originally Posted by winner69
Buying UDC was never really likely was it
As long as the current good economic times continue organic growth will see us through
Still picking $1.60 by Christmas ???
I think not Winner. However it is still the backbone of my holdings :-))
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09-12-2016, 06:12 PM
#8330
Whitebait vs Tuna
Definitely better that Heartland consume a few small fish than try and swallow one big one.
Best Wishes
Paper Tiger
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