HGH - Heartland Group Holdings

[Basil]

I hope not.  Would be very surprised. Tempting to buy more but already have plenty.

Same, but would happily back the truck up for a LOT more at $1.
Best, extreme deep value stock left on the NZX in my opinion that hasn't already jumped up.

[SCOTTY]

I thought the same but temptation got the better of me. Couldn't help myself

[Davexl]

Saw this on Bloomberg Asia email - should (already) be good for HGH...

Retirement Cash

The number of Australians tapping a reverse mortgage-style product to help fund retirement is up almost 40% in the past year as calls increase for retirees to monetize the A$1.3 trillion ($870 billion) they have tied up in property. The nation's Home Equity Access Scheme was used by more than 13,000 people in the year to June. Under the program, people who have reached the pension age of 67 can borrow against the equity in their property and take out a government loan. Those loans are generally recovered when the secured property is sold or from the person's estate.

[Basil]

5.2m shares so far today, FAR above average.  1.6m shares just went through at $1.07.  Train leaving the station, all aboard, toot toot lol

[Left Field]

Great to see HGH holders getting enthusiastic again.

Call me crazy but I can't help comparing HGH and TWR

Both Finance sector stocks. Both much beaten down in recent times. Both undergoing considerable changes and both possibly overdue for rerating etc etc

Here's a SP comparison of the two based on both 6 months and 1 month.

Going to be interesting to see how the comparison fares in the months ahead. (Disc have so far chosen TWR for my portfolio (up 22%)  but may change my mind and switch to HGH at any stage!!)

[Basil]

Crickey, big divergence in the 6 month chart.  Back the truck up, you know you want too 

[Shareguy]

Crickey, big divergence in the 6 month chart.  Back the truck up, you know you want too 

Yes I do and I did Basil this afternoon.  Part of my Arvida proceeds allocated.

[Basil]

Yes I do and I did Basil this afternoon.  Part of my Arvida proceeds allocated.

Great minds think alike mate, I bought some more today too.  Dived into them like a hungry Beagle.
This time next year we'll be patting ourselves on the back thinking what a cunning move this was...

[Greekwatchdog]

I have bought back in today @ $1.06. Nice long term hold. I hope they have stop spending and get that portfolio humming for future returns. Surely they can't buy anything else can they?

[LoungeLizard]

I had to smile at all the good cheer and talks of backing the truck. Nothing like a 5% uplift to get the pack salivating.

Seriously, I hope things have turned the corner, but so far this is just sentiment, which might just be enough to get things moving in the short term, but will need to be backed up by fundamentals, the first inkling of which could come in a few months time. "Could" being the operative word.

TWR, for me, remains the better option as there is more likelihood of a big payday in a couple of months time, with the clock ticking on that unused large event provision. Or maybe a fiver each way on TWR and HGH?

[snapiti]

was it not sentiment that took the SP into oversold territory, one needs to recognize this so one can put themselves in a position to capitalize when sentiment changes, I only hope it's not a dead cat bounce but the volume suggests it is not......happy holding and in the green......a lot of profit taking to get through 

[Basil]

Interesting looking at the chart, someone can hopefully post an image year to date.  Definitely looks like a bottoming process over the last 3 months.  Like a frying pan shape on one side in April 2024, flat-ish for 3 months and its now climbing up the other side on huge volume.

Last time I saw a clear bottoming process / frying pan type image like that was $4.20 with MET just before the takeover offer. 
I think the volume is a key here.  Someone building a big position.  How much more selling volume can there be at this ludicrously low level ?

[lorraina]

https://stocknessmonster.com/charts/hgh.nzx
https://yhoo.it/49kuFyL
and 3 month chart
https://yhoo.it/49kuFyL
Note RS is a high 70

[LoungeLizard]

was it not sentiment that took the SP into oversold territory, one needs to recognize this so one can put themselves in a position to capitalize when sentiment changes, I only hope it's not a dead cat bounce but the volume suggests it is not......happy holding and in the green......a lot of profit taking to get through 

Yep, spot on - the market sentiment was against HGH ever since two value destructive capital raises. It was like the market suddenly saw that they were being taken for a ride.

But my point is that there were those that refused to see the writing on the wall and ignore that sentiment but then when the sentiment shifted slightly ( as we see now) they are all of a sudden gung ho. I guess we are all guilty of that - selective reasoning - but until the fundamentals change it's all just speculative chatter.

 Maybe buying in early - like participating in the CR at $1 or buying in now at $1.06 - may turn out to be the best time to maximise gains, but it is also the time that maximises risk, because there's nothing to back the upswing other than a few overenthusiastic punters. It just could be a classic blip that we see all the time. I've said it before - I'd rather miss the potential early gains and wait until the genuine green shoots appear. And if I want to take a punt - Tower has proved (and in my opinion will continue to prove) to be a better option
(TWR :up 63% in 12 months, HGH ; down 39% !!)

[Greekwatchdog]

Yep, spot on - the market sentiment was against HGH ever since two value destructive capital raises. It was like the market suddenly saw that they were being taken for a ride.

But my point is that there were those that refused to see the writing on the wall and ignore that sentiment but then when the sentiment shifted slightly ( as we see now) they are all of a sudden gung ho. I guess we are all guilty of that - selective reasoning - but until the fundamentals change it's all just speculative chatter.

 Maybe buying in early - like participating in the CR at $1 or buying in now at $1.06 - may turn out to be the best time to maximise gains, but it is also the time that maximises risk, because there's nothing to back the upswing other than a few overenthusiastic punters. It just could be a classic blip that we see all the time. I've said it before - I'd rather miss the potential early gains and wait until the genuine green shoots appear. And if I want to take a punt - Tower has proved (and in my opinion will continue to prove) to be a better option
(TWR :up 63% in 12 months, HGH ; down 39% !!)

No one knows where the bottom is in a share price, just like no one knows when the next disaster will happen. The thing with Tower, is that its all benign on the claims front, also premiums have sky rocketed.

It will only take 1 weather bomb or disaster to change that