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07-04-2017, 12:27 PM
#9231
 When is $1.70 coming?
Interesting how many more shares have been issued pursuant to its Dividend Reinvestment Plan:
On 2 April 2015:
Number issued: 2,943,636
Issue price: $1.32
On 5 April 2016:
Number issued: 2,655,142
Issue price: $1.1980
On 7 April 2017:
Number issued: 3,334,049
Issue price: $1.5939
Quite a few more shareholders taking the dividend reinvestment it would seem, at a higher price than ever before... must show serious confidence in where holders believe the share price is heading!
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07-04-2017, 12:45 PM
#9232
 Originally Posted by trader_jackson
Interesting how many more shares have been issued pursuant to its Dividend Reinvestment Plan:
On 2 April 2015:
Number issued: 2,943,636
Issue price: $1.32
On 5 April 2016:
Number issued: 2,655,142
Issue price: $1.1980
On 7 April 2017:
Number issued: 3,334,049
Issue price: $1.5939
Quite a few more shareholders taking the dividend reinvestment it would seem, at a higher price than ever before... must show serious confidence in where holders believe the share price is heading!
Would be interesting to know how many of those are small time investors like me who don't care about getting a couple of hundred dollars as dividends but love getting free shares instead.
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07-04-2017, 01:49 PM
#9233
Member
Originally Posted by trader_jackson
Interesting how many more shares have been issued pursuant to its Dividend Reinvestment Plan:
On 2 April 2015:
Number issued: 2,943,636
Issue price: $1.32
On 5 April 2016:
Number issued: 2,655,142
Issue price: $1.1980
On 7 April 2017:
Number issued: 3,334,049
Issue price: $1.5939
Quite a few more shareholders taking the dividend reinvestment it would seem, at a higher price than ever before... must show serious confidence in where holders believe the share price is heading!
Another consideration is that the latest issue involved a discount of 2.5%. The discount for one or both of the earlier two cited was 1%.
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07-04-2017, 03:50 PM
#9234
$A20m as Tier 2 capital raise completed, just announced to NZX.
Cost of funds.
Margin to Aussie bank bill swap rate 4.15%
90 day Australian BBSW currently 1.785% as at 6/4/ 2017
Cost of capital funds presently 5.935%, reset quarterly
10 year term. Unsecured bonds not listed. Ranks at Tier 2 capital.
Good exchange rate to convert these capital funds to $Kiwi at present. Very competitive funding cost for Tier 2 capital raise in my opinion.
Last edited by Beagle; 07-04-2017 at 03:51 PM.
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
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07-04-2017, 03:57 PM
#9235
Thank Jeff and the team,my divie is in my account.
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07-04-2017, 04:13 PM
#9236
Originally Posted by percy
Thank Jeff and the team,my divie is in my account.
Yes, mine as well. And as a bonus the share price continues to advance. Yahoo !
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07-04-2017, 04:19 PM
#9237
Originally Posted by RTM
Yes, mine as well. And as a bonus the share price continues to advance. Yahoo !
Love it.!!!
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07-04-2017, 05:17 PM
#9238
Hound not scoffing at the food bowl for a change.
No divvy in my account but very happy to get extra shares in lieu of dividend at $1.59 when they closed the week at $1.68 
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
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07-04-2017, 05:28 PM
#9239
Originally Posted by Roger
No divvy in my account but very happy to get extra shares in lieu of dividend at $1.59 when they closed the week at $1.68
Just like manna from heaven eh
Incredible
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-04-2017, 06:11 PM
#9240
Originally Posted by winner69
Just like manna from heaven eh
Incredible
Sure is - and getting the interim divi on the new shares purchased at $1.46 only a few weeks back just adds to the pleasure of being an HBL shareholder.
Thanks once again to Percy for putting me on to this amazing opportunity that so far has generated well over $100k in capital gain for me not to mention tens of thousands in dividends. Wouldn't have done it without you Percy - I owe you big time!
Merci beaucoup.
Pierre
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