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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 Djwburron May 02, 2017 3:44pm
137 Views
Post# 26194268

RE:RE:Suitors lining up for Home Capital Group - reuters -

RE:RE:Suitors lining up for Home Capital Group - reuters -Sanspeine, I guess since you started posting here on April 25th and it has been your complete focus you must have bought the drop to $17. Cut your losses and move on. This will never hit your break even point even with the impossible buyout that retailers are hoping for.

Institutions have moved on for the most part. This is way too risky of a hold. This stock is a retail dream trade that maybe it will go back to where it once was. I'll be able to sleep at night knowing that this company will eventually be headed to the $1 level. I'm not sure I could sleep being long here. The conflict of interest, the fraud... why do Canadians put up with this?? By staying long here you are funding and supporting this behaviour. Canadians deserve better.

sanspeine wrote: Great.
That means several competing offers which should guarantee the highest price .
TD says $15 and they are consistently the major buyer.


Bullboard Posts