Hope this happens sooner or later - would be a great outcome
Not sure I would call that a "great outcome". While it might happen - what would be great about us selling all of our best companies to foreign investors? I'd prefer to keep them listed and in NZ hands.
A great outcome for me would be HBL merging with Kiwibank and TSB to form NZ's greatest bank with many happy shareholders. Make New Zealand great again!
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Not sure I would call that a "great outcome". While it might happen - what would be great about us selling all of our best companies to foreign investors? I'd prefer to keep them listed and in NZ hands.
A great outcome for me would be HBL merging with Kiwibank and TSB to form NZ's greatest bank with many happy shareholders. Make New Zealand great again!
Wouldn't a HBL/Kiwibank merger finally lay rest to the problem that Kiwibank can't get adequate funding to really become one of NZ's biggest banks?
Wouldn't a HBL/Kiwibank merger finally lay rest to the problem that Kiwibank can't get adequate funding to really become one of NZ's biggest banks?
It may help but I wouldn't think that that alone would make the merged entity one of NZ's biggest banks, nor would it automatically provide the funding, both equity and debt, that big, growing banks constantly need. Good for Kiwibank perhaps but less so for Heartland, I would think.
I hope that it becomes a target of an Australian Bank like Bendigo& Adelaide looking to jump the ditch.
The last thing we need is another Aussie or Chinese owned bank stripping profit out of the country. Keep it locally owned I say !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by percy
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