HGH - Heartland Group Holdings

[h2so4]

........a star performer.

[percy]

Here's one reason. 'Past performance doesn't guarantee future performance'

SNOOPY

From the All Blacks to business," Past performance is the best indicator of present, and future performance."
It is called dependability,"quality people you can rely on."

[Snow Leopard]

Replacements:

Best Wishes
Paper Tiger

[Baa_Baa]

Here's one reason. 'Past performance doesn't guarantee future performance'

SNOOPY

It might be good sport and entertaining reading, but I can't see the point in over dramatising or prolonging the 'either/or' discussion Snoops.

These guys are savvy investors andexpert traders as well (kudos to them), they'll be out at the first whiff of their exit signals, whatever they might be. In the meantime, we can enjoy their enthusiasm and optimism for the future. It's also nice to see a NZX success story and clever investors riding the wave. We can all learn from their forthright and at times strident disclosures.

Fortunately they're so honest and open as well, I fully expect that when (if?) the circumstances change, unlikely as that may seem presently, they will broadcast that, albeit after the fact of their exit.

[DarkHorse]

I apologise,I should have said any minor car repairs if your car was a Nissan or Toyota.!!!!!!!!!!!!!!!
If that upset you,be happy,as replacing cam belt,water pump .and full service, cost me over $1600 on my Mitsi L300 van today.!

Talking about cars to a Japanese guy yesterday, he mentioned Mitsis are virtually extinct in Japan nowadays

[h2so4]

Replacements:

Best Wishes
Paper Tiger

LOL! I get it.
Seems enough to go around LOL!

ps just joking.

[BlackPeter]

"On the road to no where" [thank you Talking Heads]
If we look at the share price performance over the past few years it is easy to see which share Talking Heads were singing about.
Share price increase.....................1 year.............2 years...............5 years.
SKL.........................................16.67% .............12.41%................6.91%
HBL..........................................38.60 %...........17.91%.................267.44%.
I see no reason why HBL can not out perform SKL by the same margin over the next 5 years.
So 2022.......... sp.SKL$1.63........................HBL............ ..$4.25.
Today..................SKL $1.53.......................HBL..............$1.59 .
So taking part in HBL's SPP will be well worth while.!

Sure percy ... HBL is a good share. Personally I think SKL is a good share as well, but with a different characteristic - it is cyclical. Comparing a cyclical share with non cyclical share based or somewhat arbitrary time windows does not make that much sense if it is a fair comparison you are after.

I remember times when SKL was at 47 cents - and look where they are now!

What I don't understand is ... why do you want to convince everybody to join into the HBL CR? It just means that everybody gets less shares due to increased scaling - or are you concerned that they have not enough applications to distribute the full allocation?

Discl: hold SKL and HBL (roughly same amounts ...)

[ziggy415]

Don't forget the HBL divvies are fully imputed so gross yield if they pay 8.5 cps in total this year is (8.5 / 159) /0.72 = 7.4%. (You can boot that 7.4% to 7.6% effective by taking shares in lieu of dividend at the 2.5% discount (7.4 / .975) At 8 cents annual divvy the gross yield is still circa 7%....plus earnings growth should translate to further SP growth. Looks like a pretty reasonable investment proposition to me.

Roger took some convincing to come over to the other side....still hope for snoopy yet

[Beagle]

It's hard to argue the SPP isn't a bargain. Competely agree with you Roger! One of my favourite shares HBL

To be honest I wouldn't call it a bargain at the current price but a good hold.

"On the road to no where" [thank you Talking Heads]
If we look at the share price performance over the past few years it is easy to see which share Talking Heads were singing about.
Share price increase.....................1 year.............2 years...............5 years.
SKL.........................................16.67% .............12.41%................6.91%
HBL..........................................38.60 %...........17.91%.................267.44%.
I see no reason why HBL can not out perform SKL by the same margin over the next 5 years.
So 2022.......... sp.SKL$1.63........................HBL............ ..$4.25.
Today..................SKL $1.53.......................HBL..............$1.59 .
So taking part in HBL's SPP will be well worth while.!

From the All Blacks to business," Past performance is the best indicator of present, and future performance."
It is called dependability,"quality people you can rely on."

Well said Percy. No comparison between the two companies. One is growing EPS consistently, the other has been a classic cyclical going nowhere, in fact for the last decade ! Maybe the directors and management of SKL have that Talking Heads song on their car radio's in a constant repeat loop ? The two companies are as different as chalk and cheese...very surprised the other hound can't see that.

[percy]

Sure percy ... HBL is a good share. Personally I think SKL is a good share as well, but with a different characteristic - it is cyclical. Comparing a cyclical share with non cyclical share based or somewhat arbitrary time windows does not make that much sense if it is a fair comparison you are after.

I remember times when SKL was at 47 cents - and look where they are now!

What I don't understand is ... why do you want to convince everybody to join into the HBL CR? It just means that everybody gets less shares due to increased scaling - or are you concerned that they have not enough applications to distribute the full allocation?

Discl: hold SKL and HBL (roughly same amounts ...)

Investment is about allocation of capital.I look for sectors with tail winds,ie,retirement,health,tourism,and digital banking.I avoid sectors such as retail [yes hold a few HLG and LOV asx] and manufacturing in NZ.The likes of CAV,MGL,MVN,SCT,and SKL I think are dead ducks.I do not hold any of them.I try to invest in companies whose share price will double in 5 years.
HBL SPP>I am not trying to convince anyone,just stating what I intend to do.I have posted that I hold far too many HBL and even at $1.46 it will increase my average holding cost.I have also said I am just going to use our rainy day spare cash and take the dividend in cash .At $1.46 cum divie, I see a nice margin,as that works out at $1.425 and I think the sp will settle at over $1.50.Margin could be 5.2% in under a month.!!!!
Going forward I think the market is waking up to HBL's growth prospects.As you are well aware, the directors' speechs at the agm were very much,we have done the ground work,and have the products,now let the fun start.We are "well positioned."I do see HBL's share price at $2.Maybe in a year's time,or could be 2 years time. I don't mind which, as in the meantime I expect the fully imputed dividend will increase.