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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
Comment by mmsl7751on Jun 30, 2017 9:34am
108 Views
Post# 26423446

RE:RE:RE:RE:Three times return

RE:RE:RE:RE:Three times return2011 after buffet deal at BAC, the stock price didn't go down.(?)
if you bought on 2011 around 7, today you can sell at 24..

i think home capital is the same story: find undervalue stock with trouble issue, and invest it.



Tater78 wrote: WB got a deal that wasn't offered to anyone else. Had you bought common equity on that day, you would have earned an 18% return annually. That's pretty good. However, you would have gone negative for the first 9month of that investement and taken a >50% drawdown. Most investors can't stomach that. WB didn't have to. 

mmsl7751 wrote: it is bank of america, news released yesterday.

https://www.zerohedge.com/news/2017-06-30/warren-buffett-becomes-largest-shareholder-2nd-us-megabank




Bullboard Posts