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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, 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 Nickslyoungon Jun 23, 2017 10:57pm
287 Views
Post# 26400632

I completely agree that buffet made a good play however

I completely agree that buffet made a good play however
Buffet is getting 24 ish million shares at $10.00 The new share count will be 88 million instead of 64 million. Even at its 52 week high of $32.78, at 88 million shares it equals 23.84 as the new diluted stock price. I'm not saying it won't climb but that's quiet a difference from $30 a share everyone is claiming.
Bullboard Posts