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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 Funinthesun1on Jun 30, 2017 11:23am
82 Views
Post# 26424159

RE:Warren Buffet and second tranch

RE:Warren Buffet and second tranchwell said. I would want to see WB Berkshire take a bigger stand in elevating the business long term, then yes. If simply a shareholder, No. Many more investors will/can take his place and the company is rebounding fast. No worries, I'm long term 6-12 months...100K in. The noise is simply that, noise. The big picture is 25 to 30 a share over time. Summary: -If a plan from WB comes forward I am inclined to vote yes. -If no plan, and just speculation, I am inclined to vote no. (Buffet would vote no under same circumstances) What are others thoughts on this?? Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.hcg&postid=26423952#Mw5Y1ycexB6dcPYB.99
canader wrote: I am sitting on the fence wrt to this september vote.

What are other peoples opionions.

1) WB has helped liquidity and gotten shares in exchange at a good discount.
-I see the emmediate upside of this help

But what of the second tranch.
-What are the pros and cons.

Cons
-dilution

Pros?
-There is no advertised plan by the WB group to grow the business. I would like to see that before 
handing over any more shares.

Summary:
-If a plan from WB comes forward I am inclined to vote yes.
-If no plan, and just speculation, I am inclined to vote no.
 (Buffet would vote no under same circumstances)

What are others thoughts on this??



Bullboard Posts