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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 Crazycanuck138on Jul 12, 2017 12:17pm
80 Views
Post# 26460331

RE:bring it down for a jump

RE:bring it down for a jumpDont see it jumping to $20 at all. I see it going down to $12.00

even though they hired a CEO the Market doesnt see him as strong as they do. 

Maybe ill be proven wrong but im very skeptical. Seems to me once Q2 is out of the way and we get into Q1 next year then you will see the SP go up a little bit more to a reasonable level. 

Basically what happened in the last 4 months has wiped out of everything since April 20 2009. 

It will be a very long road ahead. So if you beed your investment for retirement in the next 6 months we all be waiting to see a big turnaround. 

For everyone that bought at the big dip $5-6 they have sold and moved on. The only ones here are the people that bought in as it started to climb from $12 up to $21. And now have been in the red for a couple of weeks. 

Nothing recovers super fast. It takes alot of time to rebuild confidence. What you see in the liquidiity is really a sales tactic to new investors or people that want to park there money. Old investors are gone to safer havens. 

Why do I say this because im actually holding shares but honestly might walk away with a little bit of gain and come back when it drops somemore. 

Bullboard Posts