HCG FAQS, FUD Buster(Loan book up 256Mil since Q3) 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:
>>>>>Sept 30th<<<<<
Deposits
854 Million
Mortgages
Insured 3.627 Billion
Uninsured 10.264 Billion
Commer 1.376 Billion
=====================
STot 15.267 Billion
>>>>>Oct 31st<<<<<
Deposits
942 Million
Mortgages
Insured 3.659 Billion
Uninsured 10.416Billion
Commer 1.366 Billion
=====================
STot 15.441 Billion
Book Up by 174M
>>>>>Nov 31st<<<<<
Deposits
1105 Million
Mortgages
Insured 3.559 Billion
Uninsured 10.592Billion
Commer 1.372 Billion
=====================
STot 15.523 Billion
Book Up by 256M since Q3
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. A wee bit of a surprise!!
24) Steady as she goes. No surprises here.
25) Buffy goes Bye, Bye. Both happy and sad.
Sad: Buffy gone
Happy: SIB @16.50 cancelled many shares
26) Oct 2018, monthly statement, originations up,.. Again
27) New Book value: 62,064,531 @ $25.96/share. Based on Sept 30 figures
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
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
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