Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Home Capital Group Inc 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... see more

Bullboard (TSX:HCG)

View:
Comment by canaderon Jan 04, 2022 12:47pm

RE:RE:RE:SIB transaction starting to show

Yup, Got both portions.  Give it a day, Maybe? then call ibkrs and ask them when it will show up. it is on ibkrs at this point not HCG
Comment by organeeron Jan 04, 2022 12:37pm

RE:RE:SIB transaction starting to show

I received my dividend portion of the SIB and have rolled that into my HCG holdings but have not yet received the capital gains portion of cash. Did everyone receive their tendered shares in cash yet?
Comment by wildrunner11on Jan 04, 2022 9:47am

RE:RE:RE:SIB 2

As a long, better off with a NCIB, they pay a premium on buy back of SIB. At current price better buying on market with NCIB as much as possible better value to current shareholders. 
Post by retiredcfon Jan 04, 2022 8:18am

RBC

Mr. Kwan (RBC) also made these target changes: AGF Management Ltd. ( “sector perform”) to $8.50 from $9. Average: $9.32. Alaris Equity Partners Income Fund ( “outperform”) ...more  
Comment by canaderon Jan 01, 2022 8:48pm

RE:RE:SIB 2

Yes, possibly another SIB, I don't think right away, So NCIB next, ( plus maybe Div? ), possibly another SIB later towards the end of the year again, A dividend could be anytime they decide ...more  
Comment by organeeron Jan 01, 2022 4:50pm

RE:SIB 2

Do you mean in addition to the normal course issuer bid?
Post by caretired1on Jan 01, 2022 3:52pm

SIB 2

They could do another one for 150-200 million given the share price "weakness" before restarting the dividend
Post by MARKOPOLISon Jan 01, 2022 3:13pm

NAT BANK POSTED MY SUBMISSION auction

Saw it today Jan 1 gone through my account 
Comment by organeeron Jan 01, 2022 1:50pm

RE:SIB transaction starting to show

Happy new year! I use Interactive Brokers to invest. No news from my end as of yet.
Post by canaderon Jan 01, 2022 12:14pm

SIB transaction starting to show

Hello all, And Happy New Year! I saw the first of the SIB transaction coming through. Settlement date DECEMBER 31, 2021 All those beautiful shares sold at 3.07C$ /share plus  40.43C ...more  
Comment by canaderon Dec 30, 2021 2:01pm

RE:RE:RE:RE:RE:RE:Final Results of Substantial Issuer Bid

I was basing my my eps on the last quarter earnings 1.10, not annual earnings 40? 4 quarters *  P/E of 10 = 40. or 1.27/quarter * 4 quarters *P/E of 10. (just my rough numbers) *** my ...more  
Comment by organeeron Dec 30, 2021 12:37pm

RE:RE:RE:RE:RE:Final Results of Substantial Issuer Bid

Where did you get "40" from 1.27 x 40? from my annual EPS calculation of HCG post SIB, $5.55, and normal P/E of 10 Fair price should be $55.5
Comment by organeeron Dec 30, 2021 12:05pm

RE:RE:RE:RE:Final Results of Substantial Issuer Bid

    Sept 2021 BV = 50.39M * 36.4 = 1834M = 1.8B New BV = 1834M - 300 M New BV = 1534M   Old shares outstanding = 50.39M New shares oustanding after SIB = 43.50M    ...more  
Post by canaderon Dec 30, 2021 8:33am

I luv these Shorts,...

That pretend to be long, They just cant seem to get the negative taint out of their posts. Oh, so sly, so smug. Not, Boring. GLTA cept the dhorties of course!
Comment by canaderon Dec 30, 2021 8:26am

RE:RE:RE:RE:Final Results of Substantial Issuer Bid

Q3 2021 (before SIB) old BV = 36.4 old eps = 1.10 Q3 2021 (after SIB) new BV = 35.27 new eps = 1.27 1.27 * 40 = 50.8  (should/will trade around +/- market BS) GLTA cept Dhorties of course