HGH - Heartland Group Holdings

[Basil]

bought yesterday for $1 that's 15% less than the clever Beagle, what could go wrong! 

Taking into account the recent dividend and the value of rights to subscribe to new shares and the extra rights to buy more at $1 I chose to take up, Jarden's system has my average entry price as $1.1024 so yes, you have outmaneuvered the dog on this occasion but not by 15%.
Nevertheless, your timing on this occasion was better than mine so well done to you mate.

[Red Baron]

Why would they do that,as a heartland bank customer I can tell you they do not answer the phone

.......or reply to mail

Hopeless

Zhis eez ze risk of not being Covid vaccinated.   Neither of you got ze 5G chip zhat came vith ze vaccine did you?  Vor me, Jeff just has to theenk, and then I get heez message ztraight away!  You need to keep up vith ze times my vriends.

RB

[Teitei]

Taking into account the recent dividend and the value of rights to subscribe to new shares and the extra rights to buy more at $1 I chose to take up, Jarden's system has my average entry price as $1.1024 so yes, you have outmaneuvered the dog on this occasion but not by 15%.
Nevertheless, your timing on this occasion was better than mine so well done to you mate.

Neither here nor there when the sp hits $2.00?

[Left Field]

Crikey, unrelenting downward trend. Big crossings at .98c today.

Increasing pressure on the next update.

[Basil]

Sadly, there's a lot of stocks on the NZX with charts that look quite similar.

[LoungeLizard]

Yep - a sea of red today across the board, reflecting where we are in the economic cycle. Which is why companies should not expand when economies are weak...

[Basil]

Well, I think the fall in HGH's share price is overdone and anyone with the attention span longer than a knat is going to be very pleased they added here.   Clear pathway to eps growth in the years ahead, and from a level where at present the metrics are truly compelling.  A lot more than can be said about most other companies on the NZX.  I note US. regional banks up 7% month to date, always a good lead indicator for HGH.  I also note the peer group that I compare HGH against and have done for the last decade are at far more elevated multiples than HGH.  Sentiment has never been worse which is also a good sign for very deep value.  Disc: Added more today.

[Shareguy]

Well, I think the fall in HGH's share price is overdone and anyone with the attention span longer than a knat is going to be very pleased they added here.   Clear pathway to eps growth in the years ahead, and from a level where at present the metrics are truly compelling.  A lot more than can be said about most other companies on the NZX.  I note US. regional banks up 7% month to date, always a good lead indicator for HGH.  I also note the peer group that I compare HGH against and have done for the last decade are at far more elevated multiples than HGH.  Sentiment has never been worse which is also a good sign for very deep value.  Disc: Added more today.

I agree and have been doing the same.

[LoungeLizard]

At every point in the long decline of HGH's share price - usually at each Capital raise - people have insisted that the good times are just around the corner. Maybe they will be right at some point, but there's another long corner to be negotiated first, and there's absolutely no certainty that the pivot to Australia will come to anything. In fact there's a very high risk that it won't. The timing of the expansion, regardless of the details, was all wrong, and remains so. Still, good luck to punters, but I reckon there's a fine line between averaging down and throwing good money after bad.

[Basil]

Depends on your timeframe lizard.  I am happy to hold for 4 years plus.  In terms of the economy there's always sunshine after rain.  I'm confident we'll hit the bottom of the economic cycle at some point this year or early 2015.

[Red Baron]

Depends on your timeframe lizard.  I am happy to hold for 4 years plus.  In terms of the economy there's always sunshine after rain.  I'm confident we'll hit the bottom of the economic cycle at some point this year or early 2015.

Prediction eez difficult, ezpecially about ze future.   But eet does become easier vith ze benefit of hindzight !

RB

 

[KW]

Depends on your timeframe lizard.  I am happy to hold for 4 years plus.  

The people who bought HGH five years ago at $1.10 probably thought the same thing.  They're still waiting .....

[lorraina]

I think people buying at under $1.00 will see the share price more than double over the next 5 years.
And they will enjoy on average a net yield over those 5 years of 10 %.

[Basil]

I think people buying at under $1.00 will see the share price more than double over the next 5 years.
And they will enjoy on average a net yield over those 5 years of 10 %.

Agree.  There's a clear pathway to substantial earnings growth over that timeframe.  Some people can see it, others are stuck with their eyes mired in the current economic gloom or busy looking backwards at their charts.  TA not the be all and end all of investing by any means.

[SCOTTY]

I think people buying at under $1.00 will see the share price more than double over the next 5 years.
And they will enjoy on average a net yield over those 5 years of 10 %.

= Capital growth of 14.4% compound  + dividends