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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 codyesson Jul 27, 2017 10:37am
65 Views
Post# 26516113

RE:Market seems undecided on the Beat

RE:Market seems undecided on the BeatGuys are always saying the anticipated Q2 loss is absorbed in the current price, I dont believe so, i think come release of Q2 regardless of what is anticipated there will be a temporary downtrend, it's what is said on August 3rd that is most important to absorb the damage and explain future plans to improve.

HCG is already getting better with damage control, which is why they released the payback of BH loan prior to Q2s, anything to soften the upcoming blow is detrimental to both investor confidence and the longevity of the company.


BigGreenWhale01 wrote: Given the stock has declined since the last NR, it appears the market is mixed on Beating the consensus for the 2nd Qtr. At present, Morningstar.. covering 8 analysts.. has a consensus loss / share of $1.14 (was $1.24 yesterday with 9 analysts??). Accepting the Qtly loss is already factored into the SP by now, all the company needs to do is Beat the heat to turn a major milestone in their recovery.


Bullboard Posts