HCG FAQS, FUD Buster(A Recap) 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:
/*******March 31st*************/
Deposits: 859 Million
Loans: 717 Million
Mortgages:
Insured 3.466 Billion
Uninsured 10.983 Billion
Commer 1.455 Billion
=====================
STot 15.904 Billion
/*******Apr 30th*************/
Deposits: 863 Million
Loans: 721 Million
Mortgages:
Insured 3.473 Billion
Uninsured 11.044 Billion
Commer 1.459 Billion
=====================
STot 15.976 Billion
/*******May 31st*************/
Deposits: 1086 Million
Loans: 731 Million
Mortgages:
Insured 3.432 Billion
Uninsured 11.085 Billion
Commer 1.466 Billion
=====================
STot 15.983 Billion
*****************************/
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) Dec 2018, NCIB announced, HCG to purchase upto 3.7Mill Shares
28) Feb 2019, Q4, originations 1.61Bill, EPS 0.46
29) May 2019, Q1, originations 1.22Bill, EPS 0.45, .05PS reinvest to grow
Remaining Open Items:
1) Dividend.
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
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
National Real estate Trends (CREA):https://creastats.crea.ca/natl/
Unemployment Rate: Labour force characteristics
GIC rates: RateHub, Best GIC rates
REBGV: Real Estate Board Greater Vancouver
TREB: Toronto Real Estate Board