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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
Post by CirQitRnron Jun 22, 2017 11:15am
123 Views
Post# 26392491

Dilution is the solution for pollution - not stocks

Dilution is the solution for pollution - not stocksWhat upside might be coming for HCG sure isn't the reality for owners who just got washed out of a ton of capital potential by Warren's intent to purchase shares at a steep discount. Sure this stock has the potential to climb to $20+ but how long is this going to take while being diluted and still bleeding cash with no dividend? Take your upside and find a new haven because this turnaround isn't going to happen any time soon - better off to buy BRK before Warren completely takes over.
Bullboard Posts