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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 mmsl7751on Aug 02, 2017 3:48pm
142 Views
Post# 26539897

possible touch the bottom at $6.50

possible touch the bottom at $6.50if following the pattern of buffet deal at bank of america
the stock price dropped at 35%
for the next month, HCG will touch the bottom at 10x65%= $6.50

no positive earning
no dividend
no clear signal of sales increasing ( mortgage)
expense can't cut  roughly ( liquidation problem not complete solved, GIC rate still high)

hopefulluy, it will survive this crisis.


Bullboard Posts