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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 Johnnysbackon Apr 26, 2017 9:38am
130 Views
Post# 26167364

RE:down 48%, but company is still good? HAHAHAHA!!!

RE:down 48%, but company is still good? HAHAHAHA!!!The interest is going to kill them. This is probably one of the dumbest things I have seen a corporation do, they are obviously very desperate... and who would lend them 2 billion credit line at this interest rate and expect to ever get the money back?? Very strange if you ask me.. I wouldnt touch this with a 45 foot pole.. I was actually thinking about getting some shares yesterday but didnt thanfully, and after seeing this they bascially just sunk the company. 
Bullboard Posts