HGH - Heartland Group Holdings

[percy]

I wonder how HNA will grow the UDC business? When ANZ owned UDC, you could always walk into an ANZ bank branch to gain information. But HNA has no footprint in NZ that I know of.

SNOOPY

Maybe they could buy Kiwi Bank and do it through that branch network.?..
From what posters say no body would mind or care if they did .!??????????
I think Kiwis would snuggle up to Panda Bear Bank.

[Beagle]

I wonder how HNA will grow the UDC business? When ANZ owned UDC, you could always walk into an ANZ bank branch to gain information. But HNA has no footprint in NZ that I know of.

SNOOPY

Dunno mate. Can't partner up with ANZ that's for sure...or maybe they can, perhaps that's part of the deal ?...or maybe they go bark up a different bank affiliation tree ?

[percy]

Dunno mate. Can't partner up with ANZ that's for sure...or maybe they can, perhaps that's part of the deal ?...or maybe they go bark up a different bank affiliation tree ?

Merge,takeover Heartland?

[Beagle]

Merge,takeover Heartland?

LOL I love your enthusiasm mate

[JeremyALD]

It's amazing how long this share has been stuck between $1.47 and $1.55. Even when the nzx got smashed in Q4 it was stable, EXCEPT when Donald trump won the election and it dropped down to $1.34 for that one afternoon!!! God that day would of been amazing buying. Instant return on investment the next day lol.

[Beagle]

Looks like 11.1 times 2016 NPAT from numbers on ANZ fact sheet

I did some digging and find it interesting that low PE number considering UDC's profit had grown 13% in 2013, 20% in 2014, 11% in 2015 and 3% in 2016. Average growth rate 11.75% not dissimilar to Heartland is it mate ?

[percy]

Bit like buying a car.
Those without an engine come a little cheaper.
No network,not a goer.
What you can quarantee is the ANZ will want to distance themselves from it.
Gone and soon forgotten.

[Bjauck]

UDC switched from being owned by one foreign company to another even more foreign company....Situation normal snafu. Presumably they think it will provide a return. Probably not the end of the World for them if it slowly winds down -worth a gamble for them, maybe HBL will get it cheaper in a few years time?

[percy]

UDC switched from being owned by one foreign company to another even more foreign company....Situation normal snafu. Presumably they think it will provide a return. Probably not the end of the World for them if it slowly winds down -worth a gamble for them, maybe HBL will get it cheaper in a few years time?

I think HBL will be looking forward to a Boxing Day half price sale.!

[macduffy]

Getting a bit away from HBL here but the Chinese group is a big conglomerate - check out their airline and tourism interests - with an operation in Sydney. Perhaps it signals a desire to expand its finance business in this part of the world? if so, HBL shareholders may get that takeover offer!