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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 MDawg65on Jun 29, 2017 2:41pm
95 Views
Post# 26420782

RE:clean house

RE:clean house

why are depositors coming back so quickly if confidence is gone??? you are just another naysaying shorter. 

your statement that only one or two people have been changed is wholly inaccurate- thus making the rest of your statement suspect.

the board of directors has been revamped.  The new CEO/CfO are yet to be appointed.

what didn't the AG solve for you? what were you expecting?? the future is always uncertain. But there is transparency.  I think not having the CEO for presentation and introduction at the AGM was a tactical error but not the end of the world. IMO. 


SP gapped up - it will be up and down for some time- but the the company is being transparent about its future, its relationship with brokers and depositors.

Making judgements about a company based on half a days worth of trading is silly.  Did you look at the calendar???  How many traders have closed their books for the Q and for the Canada day week end????

get your facts straight.   You may not like the company's prospects, fair enought, its still a big risk, but at least don't spew nonsense. 

Bullboard Posts