-
13-12-2016, 11:02 AM
#8361
Some of the chatter on here seems to assume the money raised is related to capital ratios and lending opportunities. While maintaining the ratios is probably part of the equation the announcement told you exactly what the money raised will be used for:
This growth has also been driven by Heartland’s investment in, and alignment of, resources to support digital origination across the wider business, and the increasing use of data analytics to more precisely target our customers. Those factors have opened up real opportunities for Heartland to further differentiate itself from its competitors.
The technology needed to run a bank in a digital world is expensive and requires constant refinement. Heartland are wise to invest is the technology -- otherwise they will be left behind. In particular because they will always have limited brick and mortar presence it is good to see they are investing in their technological presence.
Analytics (data science, examining trends, patterns, finding the most lucrative loans, customers, etc.) is a discipline in real growth mode -- again it is wise for Heartland to be investing in their capability.
-
13-12-2016, 11:04 AM
#8362
Originally Posted by Onion
Some of the chatter on here seems to assume the money raised is related to capital ratios and lending opportunities. While maintaining the ratios is probably part of the equation the announcement told you exactly what the money raised will be used for:
The technology needed to run a bank in a digital world is expensive and requires constant refinement. Heartland are wise to invest is the technology -- otherwise they will be left behind. In particular because they will always have limited brick and mortar presence it is good to see they are investing in their technological presence.
Analytics (data science, examining trends, patterns, finding the most lucrative loans, customers, etc.) is a discipline in real growth mode -- again it is wise for Heartland to be investing in their capability.
Hope they work out how let a customer do some straight forward banking transactions on a mobile device without any hassles
At the top of every bubble, everyone is convinced it's not yet a bubble.
-
13-12-2016, 11:06 AM
#8363
A raising for all the right reasons...and the market response so far reflects that.
-
13-12-2016, 11:12 AM
#8364
Originally Posted by winner69
Hope they work out how let a customer do some straight forward banking transactions on a mobile device without any hassles
Totally agree. My dealings with them as a customer have been a bit clunky for sure. A good customer experience (yes, mobile included) is essential.
-
13-12-2016, 12:34 PM
#8365
Originally Posted by Not too Flash
With over 10,000 shareholders $10m means only $1,000 each if all subscribe. The $15,000 maximum will be well watered down for the loyal shareholders....
Serious questions: I don't understand why they needed to do an institutional placement as they could easily have filled the $30m via existing shareholders by way of SPP. They are still going through the time and expense of a SPP.
Is it just kickbacks to the broking community or is there a 'proper' reason to do so. [This question applies to most SPP which are normally heavily scaled]
-
13-12-2016, 12:48 PM
#8366
I'm always a bit sceptical about the phrase "loyal shareholders". Don't we (practically) all invest for our own benefit - and remain "loyal" to a company only so long as it performs for us?
-
13-12-2016, 12:52 PM
#8367
Yeah, i own a chunk of this Company and they work very well FOR me; loyalty rhymes with royalty (divvys) Heheh
-
13-12-2016, 12:54 PM
#8368
-
13-12-2016, 02:07 PM
#8369
Originally Posted by macduffy
I'm always a bit sceptical about the phrase "loyal shareholders". Don't we (practically) all invest for our own benefit - and remain "loyal" to a company only so long as it performs for us?
Every person has their price?
Is loyalty with investing when an investor takes a longer-term view and is prepared to make a commitment and hold through any short-term oscillations? Or, When an investor was in from the early days, preparing to take a risk in order to allow a business to develop, whilst others waited to see if success actually was forthcoming?
-
13-12-2016, 02:17 PM
#8370
Originally Posted by trader_jackson
Great NBR article (although behind a paywall), mentioned that they wanted to get more institutional holders throughout NZ and Australia (those with deeper pockets for when HBL has a game changing acquisition?) and also made a good comparison to ATM where they made a $43m placement, but only 'gave' $3m via SPP.... Good to see HBL rewarding their loyal, and increasing retail shareholder base (like myself) ...
It's good for them to increase the depth of the shareholder base in NZ and Oz. As well, I am all for efforts to make NZ into more of a shareholding democracy where as wide a cross-section of people as possible own a stake in NZ-based companies.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks