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Hawaiian Electric Industries Inc T.HE.RT


Primary Symbol: HE

Hawaiian Electric Industries, Inc. is a holding company with its subsidiaries principally engaged in electric utility, banking, and non-regulated renewable/sustainable infrastructure businesses operating in the State of Hawaii. The Company’s segments include Electric utility, Bank, and Other. The Electric Utility segment provides essential electric service to Hawaii’s population through the operation of five separate grids that serve communities on the islands of Oahu, Hawaii, Maui, Lanai and Molokai. The Bank segment provides a range of banking and other financial services to Hawaii consumers and businesses. The Bank segment is also engaged in lending activities, which include origination, purchase and sale of loans, residential mortgage lending, construction and development lending, multifamily residential and commercial real estate lending. The Other segment comprises Pacific Current, which invests in non-regulated clean energy and sustainable infrastructure in the State of Hawaii.


NYSE:HE - Post by User

Post by wyndeweston Dec 09, 2014 10:05am
100 Views
Post# 23210033

seems contrived to me

seems contrived to meyesterday stock closed ar .10.  Today someone (RBC Securities) steps in first thing this am and pays a penny higher for 100,000 shares...why a big order and why a penny higher...I think they (Hanwei energy and trading house handling the issuing of additional shares to current shareholders @ .10 a share) are keeping the stock at this level so they can proceed.  They need the sp to be stable and most likely somewhat above .10 so shareholders will see it's a bargain and buy more.
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