Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 WBuffett1on Oct 16, 2018 12:11pm
125 Views
Post# 28810659

RE:HCG FAQS, FUD Buster(Loan book up 393Mil since June)

RE:HCG FAQS, FUD Buster(Loan book up 393Mil since June)Thanks for the update. Their Aug loan book is up another $133 mil. very impressive

canader wrote:

Short Sellers are entitled to their opinion,...

-Most, but maybe not all, are involved in market manipulation

-Dhorties (short and distort) are the crook version of a short seller

-Most, but maybe not all, are involved in market manipulation

-FUD(fear,uncertainty and doubt) is their weapon, FACTS are their undoing

-They are financially motivated to spread FUD to induce panic selling

-Think and “do your own due diligence” before you sell your shares!

-They are sneaky and deceitful (I know this from experience!)

-Don’t get fooled by Pump & Dump tricks

-Don’t get fooled by Naked short tricks

-Nice Read: https://www.investopedia.com/articles/analyst/030102.asp

-Defend your stock, Play “Whack a Dhortie”

 

Summary:

June 30th

 

Deposits

1.480 Bill

 

Mortgages

Insured   3.497 Bill

Uninsured 9.943 Bill

Commer    1.250 Bill

=====================

STot      14.640 Bill


 

Aug 31st

 

Deposits

0.723 Bill

 

Mortgages

Insured    3.620 Bill

Uninsured 10.130 Bill

Commer     1.283 Bill

=====================

STot      15.033 Bill

 

Book Up by 393Mill


 

There is nothing wrong with the business. The shorties are milking the fear. Don’t be fooled. Do your own due diligence

 

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett

 

Interested in HCG shorts?

 

HCG:(3.36 Mil As of Oct 1, 2018, Canada, 5.53% increase)

HCG:(2.21 Mil As of Sept 17, 2018, Canada, 1.39% decrease)

HCG:(3.23 Mil As of Sept 4, 2018, Canada)

 

HMCBF: (8,954,600 As of Oct. 15, 2018, US, 0% decrease )

HMCBF: (8,929,100 As of Sept. 27, 2018, US, 2% decrease )

HMCBF: (9,142,700 As of Sept. 15, 2018, US, 3% increase )

 

Why give your shares away at more than 50% discount to FMV. There is no reason. There is a fair market for 11,000,000 shares. No need to give them away.

 

Clouds over HCG (past and present)

(That did not send HCG to zero. HCG = Stable + Profit + Growth!)

History:

1) Mortgage broker's writing fraudulent loans

2) No CEO

3) No CFO

4) Liquidity run

5) OSC

6) class action Lawsuit

7) real estate crash (I will give you correction)

8) Grant’s Conference Oct 10th, 2017[Baggies Sell](SilberBS & Tater FAIL)

9) B20 (going to zero. Don’t think so)(Tater FAIL)

10) Will Warren Buffet sell all his shares before Q3 results (Tater. FAIL)

11) Conspiracy Theory: Mngmt Poo Pooed WB 2nd Tranche(SilberTart, P&D FAIL)

12) Return to profitability (Yeah!!: Q3).

13) How are they ever going to maintain their book, let alone grow it?(Twitter:Grisha FAIL)

14) Originations, Stabilize loan book(almost there, Q1?)/return to growth(Q1?)

15) Effects of B-20 and rising interest rates (Spring RE market will show)(No goto zero)

16) Q1,2018, May 8th, 2018, YEAH, YEAH, YEAH (Stable, Profit, Growth)

17) April 2018, monthly statement, originations up.

18) May 2018, monthly statement, originations up. Cash way up!

19) Q2 2018, YEAH, YEAH, YEAH (Stable, Profit, Growth)

20) July 2018, monthly statement, originations up,.. Again.

21) Aug 2018, monthly statement, originations up,.. Again.

22) Steady as she goes. No surprises here.

 

Remaining Open Items:

1) Loan Book Growth And/Or Buyback/Dividend:

From the Q2 Webcast, February/Q4 Results, maybe sooner / Maybe later. The Dhortie Game is coming to and end.

2) shorties let me know if I am missing anything so we can keep tabs

 

Shorties That Have Passed: BooHaaHaa!

-Titoo, Pump&Dump, Tater, Gisha6, And 2 or 3 of DrSilbergleit, DrSiIbergleit, DrSiIbergIeit, and DrSiIbergIeit, mmsl7751

-And a few of the MrSilbs,etc

 

Monthly Real estate Trends (GTA):  https://www.zolo.ca/toronto-real-estate/trends

Historical Real Estate Trends(GTA):https://toronto.listing.ca/real-estate-price-history

Monthly Real estate Trends (GVRD): https://www.zolo.ca/vancouver-real-estate/trends

Unemployment Rate: Labour force characteristics

GIC rates: RateHub, Best GIC rates

REBGV: Real Estate Board Greater Vancouver

TREB: Toronto Real Estate Board

 


Bullboard Posts