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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Bullboard Posts
Comment by RichardStockon Jun 22, 2017 1:00am
156 Views
Post# 26390916

RE:RE:RE:RE:RE:RE:RE:Harsh credit terms as motivation to not drawdown

RE:RE:RE:RE:RE:RE:RE:Harsh credit terms as motivation to not drawdownNo one is selling. I think at best the remaining shorties will run. So think share will increase even in the short term. However I really think the company was getting out of trouble by itself, and may have taken longer to do so, but would have been a higher value. I currently see it as lower long-term value because of the dilution. I certainly plan to vote against the additional share-sell. I think we already get the "vote of confidence" even with the limited sale - which I would've liked to be consulted on. 
Bullboard Posts