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  1. #8921
    percy
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    Quote Originally Posted by waikare View Post
    Percy would you like to share your list of company directors that you have in your little black book and as to why they have a black mark against their name.
    There is a thread with directors to avoid somewhere on Sharetrader.
    Would some kind poster please find it for me.
    In the meantime,Jenny Shipley/Ruth Richardson [women first for W69] and any ex politiician,male,female,undecided, or it.
    I will add names, if it is not up to date,but not reasons,as I could get sued.
    Last edited by percy; 12-03-2017 at 09:35 AM.

  2. #8922
    Member
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    Search the thread "Tainted Directors"
    Cheers

  3. #8923
    Member
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    Tauranga NZ
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    Will agree with you Percy regarding ex politicians, regardless of their shape size colour beliefs, or whatever do not make good board members.


    Quote Originally Posted by percy View Post
    There is a thread with directors to avoid somewhere on Sharetrader.
    Would some kind poster please find it for me.
    In the meantime,Jenny Shipley/Ruth Richardson [women first for W69] and any ex politiician,male,female,undecided, or it.
    I will add names, if it is not up to date,but not reasons,as I could get sued.

  4. #8924
    Senior Member kizame's Avatar
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    Tauranga, , New Zealand.
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    Quote Originally Posted by winner69 View Post
    Obviously white men not an 'endangered species' at Heartland.

    https://www.theguardian.com/business...hite-men-claim


    Board - 2 female / 7 male

    Management team - 2 female / 9 male.

    And looking at the pictures ethnicity is ......well you be the judge

    Not proud of my company - people who run it not really 'representative' of their customer base (although cynically one could say the seniors are well represented on the Board)
    The best people for the job! taking all things into consideration, never mind the gender or race.

  5. #8925
    percy
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    Quote Originally Posted by Brovendell View Post
    Search the thread "Tainted Directors"
    Cheers
    Thank you Brovendell.
    I have added two names to the list.

  6. #8926
    percy
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    Quote Originally Posted by kizame View Post
    The best people for the job! taking all things into consideration, never mind the gender or race.
    That certainly describes Heartland Bank's board,management and staff.

  7. #8927
    Speedy Az winner69's Avatar
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    Quote Originally Posted by kizame View Post
    The best people for the job! taking all things into consideration, never mind the gender or race.
    One of the two females on Heartland's Management Team is the Chief HR person

    Obviously best person for the job eh kizame ........but interesting that many Chief HR roles in NZ are female (a disproportionate number I reckon)

    Seems that's the only role that females are generally 'best' at

    Maybe its those caring maternal instincts that suit that role - now I'm going to be crucified again and prob be accused of being sexist.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #8928
    percy
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    Quote Originally Posted by winner69 View Post
    One of the two females on Heartland's Management Team is the Chief HR person

    Obviously best person for the job eh kizame ........but interesting that many Chief HR roles in NZ are female (a disproportionate number I reckon)

    Seems that's the only role that females are generally 'best' at

    Maybe its those caring maternal instincts that suit that role - now I'm going to be crucified again and prob be accused of being sexist.
    Always pleasing seeing the best/most capable/suited person getting the job.

  9. #8929
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    Well I could only apply for $7500 so that didn't bring me much.

    The SPP received very strong shareholder support, with Heartland receiving
    applications totalling $62,117,500, exceeding the offer size of $20,000,000
    by $42,117,500 or 211%. In accordance with the terms of the SPP, Heartland
    will scale back all applications on a proportionate basis by reference to the
    size of each application. For example, this means that a shareholder who
    applied for $15,000 of shares will receive $4,829.56 of shares after scaling,
    which is equal to 3,308 shares at the issue price (rounded up to the nearest
    whole number of shares).

    Allotment of the SPP shares is expected to occur on 15 March 2017, with
    refunds paid to shareholders by either direct credit or by cheque within 5
    business days of the allotment date. No interest will be paid on any
    application monies returned to shareholders.

  10. #8930
    always learning ... BlackPeter's Avatar
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    Aug 2007
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    9,497

    Default more than two times oversubscribed ...

    Bugger - they asked for $20m and ended up with more than $62m. Whoever applied for $15k worth of shares will end up with 3308 shares worth $4829.56 ... and the rest reimbursed in cash.

    I don't enjoy having been right (estimating that I get roughly $5k worth of shares ...)

    The SPP received very strong shareholder support, with Heartland receiving
    applications totalling $62,117,500, exceeding the offer size of $20,000,000
    by $42,117,500 or 211%. In accordance with the terms of the SPP, Heartland
    will scale back all applications on a proportionate basis by reference to the
    size of each application. For example, this means that a shareholder who
    applied for $15,000 of shares will receive $4,829.56 of shares after scaling,
    which is equal to 3,308 shares at the issue price (rounded up to the nearest
    whole number of shares).
    https://www.anzsecurities.co.nz/Dire...spx?id=4385363
    Last edited by BlackPeter; 13-03-2017 at 09:35 AM. Reason: its a high oversubscription and they got 3 times the money they asked for ... but that's still only two times oversubscribed. Fixed that ...
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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