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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 canaderon Nov 13, 2018 2:41pm
117 Views
Post# 28967079

RE:RE:RE:Interesting scenario

RE:RE:RE:Interesting scenario
If you want to drop a few million shares, the SiB is better option for you.
So the SiB is More for those who hold HUGE number of shares. Figure out a fair price and tender a bunch of shares.

If your shares are 10% or less of daily volume you can probably do similar or better on the open market.

It's the dhorties that have to fight back for every one of the millions of shares they borrowed, one share at a time.


Just my thoughts on the whole thing.



BlkWtrDragon wrote: Why  would anyone be bothered with increasing the price range when you can just let it closed and then buy from the open market. I won't tender mine because I think the next quarter's earnings will be supremely juiced! Low 20's is my target.


Bullboard Posts