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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 canaderon Nov 23, 2018 10:05am
99 Views
Post# 29013490

HCG FAQS, FUD Buster(Short interest update)

HCG FAQS, FUD Buster(Short interest update)

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

-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:

Net interest margin was 2.03%

Net income for the third quarter was $32.6 million or 41 cents per share

Mortgage originations were $1.44 billion in Q3 2018, up 16.7%

Total loans at the end of the quarter were $16.04 billion, an increase of $594.8 million

Loans under administration were $22.82 billion

Total deposits were $12.36 billion

Substantial Issuer Bid and Normal Course Issuer Bid: $300 million


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:(3.92 Mil As of Nov 16, 2018, Canada, 5.72% decrease)

HCG:(4.15 Mil As of Nov 1, 2018, Canada, 16.63% increase)

HCG:(3.56 Mil As of Oct 16, 2018, Canada, 5.84% increase)

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: (8,411,400 As of Nov. 09, 2018, US, 1% decrease )

HMCBF: (8,520,400 As of Oct. 29, 2018, US, 5% decrease )

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 12,300,000 shares. No need to give them away.

A whopping $213 Million in borrowed shares


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, YAY, YAY, YAY (Stable, Profit, Growth)

17) April 2018, monthly statement, originations up.

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

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

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

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

22) Q3 2018, YAY, YAY, YAY (Stable, Profit, Growth)

23) $300 Million Substantial Issuer Bid (complete ~Dec18)

24) Steady as she goes. No surprises here.


Remaining Open Items:

1) NCIB Buyback, Dividend. (Q3 conference call  says more info on Q4 call)

The Dhortie Game is Done, or they choose to bleed. Choice is theirs or their margin accounts to make.

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


https://www.crea.ca/housing-market-stats/stats/

Monthly Real estate Trends (CDN):  https://www.crea.ca/housing-market-stats/stats/

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

Home Cap Press Releases

 
Bullboard Posts