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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 wildrunner11on Dec 19, 2018 8:18am
55 Views
Post# 29133461

RE:Other than BH, only 7% tendered

RE:Other than BH, only 7% tenderedI’m really surprised to see BH tender, they MUST have a way to work around the tax consequences. 

But can can see them exiting, HCG is so small for their perspective compared to other investments. 

All I have to say “Thank you, BH” they really helped restore confidence and expedited the company getting on firm footing again. We as long term investors could have got such a worse deal.

WR11
Bullboard Posts