HGH - Heartland Group Holdings

[winner69]

Love it how fast Jeff and his team work

Last Monday just considering a debt offer

Week later all signed and sealed including Waivers and underway

Shareholders won't be tempted though - better off owning the bank then lending to them

https://www.nzx.com/files/attachments/263797.pdf

[percy]

Love it how fast Jeff and his team work

Last Monday just considering a debt offer

Week later all signed and sealed including Waivers and underway

Shareholders won't be tempted though - better off owning the bank then lending to them

https://www.nzx.com/files/attachments/263797.pdf

Certainly Jeff and the team are very fast on their feet.
$100mil with the right to accept a further $50mil in over subsriptions is pleasing, and will delay them having to raise more capital from shareholders.
And yes shareholder owners will be more than happy owing the bank,while others will welcome lending to the bank.

[Oliver Mander]

Certainly Jeff and the team are very fast on their feet.
$100mil with the right to accept a further $50mil in over subsriptions is pleasing, and will delay them having to raise more capital from shareholders.
And yes shareholder owners will be more than happy owing the bank,while others will welcome lending to the bank.

The big takeaway for me is that the risk of further EPS dilution has just gone down...if the capital need is debt-funded, that preserves existing EPS value in the shares.
That should help share price also...

[ziggy415]

The big takeaway for me is that the risk of further EPS dilution has just gone down...if the capital need is debt-funded, that preserves existing EPS value in the shares.
That should help share price also...

But what are they going to use the money for....day to day lending or something else..matbe in aussie

[percy]

The big takeaway for me is that the risk of further EPS dilution has just gone down...if the capital need is debt-funded, that preserves existing EPS value in the shares.
That should help share price also...

Exactly.Very positive.
Ziggy415.I don't know,however they are enjoying very strong organic growth in all sectors.

[Beagle]

Certainly Jeff and the team are very fast on their feet.
$100mil with the right to accept a further $50mil in over subsriptions is pleasing, and will delay them having to raise more capital from shareholders.
And yes shareholder owners will be more than happy owing the bank,while others will welcome lending to the bank.

You could say that's a win-win situation and investors are well positioned. Some investors don't like shares and will be perfectly happy getting circa 4.5 - 5.0% and see that as an attractive return relative to term deposits.

[Bjauck]

You could say that's a win-win situation and investors are well positioned. Some investors don't like shares and will be perfectly happy getting circa 4.5 - 5.0% and see that as an attractive return relative to term deposits.

I am contemplating reducing some shareholdings and am considering investing in HBL notes. If I do, I would have HBL shares, notes as well as fixed interest deposits! Good company that it may be, I would have to be careful not to become Over-exposed...

[fish]

I am contemplating reducing some shareholdings and am considering investing in HBL notes. If I do, I would have HBL shares, notes as well as fixed interest deposits! Good company that it may be, I would have to be careful not to become Over-exposed...

If doing so reduce your holdings in the shares.
When I retire this would make sense

[winner69]

But what are they going to use the money for....day to day lending or something else..matbe in aussie

Lending, lending and more lending

Strong growth in reverse mortgages need lots of cash up front - some years before the get any cash back eh

[fish]

Lending, lending and more lending

Strong growth in reverse mortgages need lots of cash up front - some years before the get any cash back eh

Hope there is the same growth in home loans-I notice their rates are high so with low expenses should be good cashflow