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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 WayneH5565on Sep 12, 2017 7:43am
102 Views
Post# 26683490

RE:RE:RE:Its all a gamble here

RE:RE:RE:Its all a gamble hereI'm long and voted yes.  I think the stock will go up after the vote regardless of the results.  What the market doesn't like is uncertainty.  The current price has nothing to do with which way the vote goes.

You could make a for and against argument for both yes and no.  There may be some who ditch their shares if a yes is the outcome, but that transition will be short lived because regardless of a yes or no outcome, the stock is severaly underpriced in both scenarios and should be at least $17-18.  The "yes" will attract more Buffett longs and the no will attract more institutional bnn bean counters who have bowties and/or greasy slicked back hair.

I see a no vote good for the short term and a yes good for the long term, but everyone has a different lens.
Bullboard Posts