sharetrader
  1. #12861
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,434

    Default

    Quote Originally Posted by Snoopy View Post
    Welcome to the forum Peter. If you are in Australia and want to change from your Seniors Australia reverse mortgage, run by Heartland, after 3,8 years who do you change to?

    SNOOPY
    I read Peter's comment differently. He said "change funders" which I take to mean that the so called "mismatch" you have talked about is not unusual. But maybe I'm reading his comment wrong.

  2. #12862
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,884

    Default

    Global Dairy Prices up 2.8%

    That’s a good sign ......for the Heartland share price
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #12863
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    Global Dairy Prices up 2.8%

    That’s a good sign ......for the Heartland share price
    That should settle the other Beagle's nerves. Maybe HGH is a takeover target ? https://www.stuff.co.nz/business/118...k-market-share
    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

  4. #12864
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,453

    Default

    Quote Originally Posted by Beagle View Post
    That should settle the other Beagle's nerves. Maybe HGH is a takeover target ? https://www.stuff.co.nz/business/118...k-market-share
    Maybe thats why NZ Super happy to take $ 7.00 for Met and move on .......sights set on a bigger target.

  5. #12865
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,244

    Default

    A merger between Kiwi Bank,TSB,SBS and perhaps The Co-Op Bank would make sense.
    Can't see HGH being much interested,as they have too many of their own organic growth opportunities.

  6. #12866
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,884

    Default

    Kiwibank is 51% owned by NZ Post

    NZ Post have no money and lots of it own issues

    Kiwibank buying BNZ (or anything) as per that article is nonsense
    Last edited by winner69; 08-01-2020 at 05:12 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #12867
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,296

    Default

    Quote Originally Posted by winner69 View Post
    Global Dairy Prices up 2.8%

    That’s a good sign ......for the Heartland share price
    Here is something not so good. Those residual Dairy farm loans may be difficult to quit. A market update from Keith Woodford

    https://keithwoodford.wordpress.com/...nue/#more-2116

    "None of the Big Four banks are interested in new dairy lending unless the investor has high equity. The related policy is that all banks now want repayments of principal whereas interest-only loans were the norm for many years. At least two of the Big Four banks are actively trying to reduce their exposure to New Zealand dairying."

    Heartland crashing down to $1.84 at the market close, minus 2c for the day!

    SNOOPY
    Last edited by Snoopy; 08-01-2020 at 05:33 PM.
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  8. #12868
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Chatting with my client 'Johnny" just before Christmas he told me that he had just sent off a couple of truck loads of mature steers to the works which will result in a record ever price of more than $2,600 per head. He's been farming for more than 40 years and never seen prices that high.

    A lot of HGH's lending is livestock finance so that's good.
    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

  9. #12869
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,453

    Default

    Quote Originally Posted by Beagle View Post
    Chatting with my client 'Johnny" just before Christmas he told me that he had just sent off a couple of truck loads of mature steers to the works which will result in a record ever price of more than $2,600 per head. He's been farming for more than 40 years and never seen prices that high.

    A lot of HGH's lending is livestock finance so that's good.
    Prices set to rise further , large stock losses in Australia and no feed .

  10. #12870
    Senior Member
    Join Date
    Jun 2017
    Location
    Auckland
    Posts
    903

    Default

    Not that rosy .............NZ dairy farm sales plummet, prices weaken, despite firm outlook

    https://www.nzherald.co.nz/business/...ectid=12295844

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •