-
06-10-2016, 10:15 PM
#8181
Yeah, I guess but I was just thinking of it being a nice compulsory savings plan. I'm hoping Kupe will run out mid 2030s rather than in 2027. I also hope for $100 US a barrel oil. I hope for lots of things.
Anyway, back to HBL
-
06-10-2016, 10:30 PM
#8182
Originally Posted by Bobdn
Yield seems to mean nothing at the moment. Genesis has a 10.5% gross yield and yet it has dropped quite a bit over the last few days. Incredible how people were so keen to pile into finance companies all those years ago for a lot less return than they would get with some boring old (and I hope safer) utility/infrastructure stocks today.
Wish Genesis had a DRP like HBL.
GNE could not have a DRP it simply wouldn't work, as others have explained.
However I wish ARV could have a DRP, especially once they get to greenfield development and things go from exciting to ultra exciting!
Anyway, back to HBL, great fundamentals remain intact (some even saying GDP of 4% or something??)... Australian Financials haven't been doing anywhere near as badly as HBL has been doing, and HBL has much better fundamentals (great interest margin for a start!)
Still great value and in 2 or 3 years (months?) time we could possibly all be looking back laughing how cheap $1.4x was (like it was when it dipped to $1.1x for that very short time during that brexit thingy)
(Dairy prices down 4% and NZX is down something like 4% since the high's earlier this month which probably doesn't help)
-
06-10-2016, 10:31 PM
#8183
Originally Posted by Bobdn
Yeah, I guess but I was just thinking of it being a nice compulsory savings plan. I'm hoping Kupe will run out mid 2030s rather than in 2027. I also hope for $100 US a barrel oil. I hope for lots of things.
Anyway, back to HBL
No living in hope with HBL,just increasing eps, which will fund growing dividends.
-
07-10-2016, 11:06 AM
#8184
Looks like only about 22% of the divi went to the DRP
-
07-10-2016, 11:12 AM
#8185
Originally Posted by SCOTTY
Looks like only about 22% of the divi went to the DRP
I thought this was quite high... especially given the impressive share price run last quarter (best performer on the NZX?)
Anyone remember the historical rates?
-
07-10-2016, 11:13 AM
#8186
Originally Posted by SCOTTY
Looks like only about 22% of the divi went to the DRP
Must be many in Heartland for no other reason then for the cash dividend
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
07-10-2016, 02:09 PM
#8187
Originally Posted by trader_jackson
Anyway, back to HBL, great fundamentals remain intact (some even saying GDP of 4% or something??)... Australian Financials haven't been doing anywhere near as badly as HBL has been doing, and HBL has much better fundamentals (great interest margin for a start!)
Still great value and in 2 or 3 years (months?) time we could possibly all be looking back laughing how cheap $1.4x was (like it was when it dipped to $1.1x for that very short time during that brexit thingy)
With the NZX 50 index dropping like a lead balloon (down nearly 1%), HBL bucking the trend and now back at $1.50 just like that! (panic sellers finished?) Makes me thing Mr Market is searching for the best of both worlds: Yield + Growth in these 'volatile' and 'challenging' times
-
07-10-2016, 02:45 PM
#8188
I joined the wife in not taking DRP this time.
Our dividends are in the bank.
Thank you and well done Heartland Bank.
-
07-10-2016, 03:26 PM
#8189
I decided to go for the DRP this year Percy. At the current SP of $1.50 and a strike price of $!.476 I'm up an extra $3000 already. It's always a bit of a lottery as to how it will go but a happy investor here. I owe you a big thank you too. It was your enthusiasm for HBL that got me investing in the company at 63c back in 2012 and it's been a great ride since then. If I ever get to one of your ST meetings in Chch I'll buy you a beer - or even two!
Merci beaucoup
Pierre
-
07-10-2016, 03:47 PM
#8190
Originally Posted by pierre
I decided to go for the DRP this year Percy. At the current SP of $1.50 and a strike price of $!.476 I'm up an extra $3000 already. It's always a bit of a lottery as to how it will go but a happy investor here. I owe you a big thank you too. It was your enthusiasm for HBL that got me investing in the company at 63c back in 2012 and it's been a great ride since then. If I ever get to one of your ST meetings in Chch I'll buy you a beer - or even two!
Merci beaucoup
Pierre
Percy would thank for Perrier :-))
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks