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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 WBuffett1on Aug 07, 2019 6:35pm
78 Views
Post# 30004299

RE:RE:RE:RE:RE:Same old tricks at work again

RE:RE:RE:RE:RE:Same old tricks at work againWho is still invested in this failed fund? lost 75% since inception...you need the fund to quadruple just to breakeven....and you are paying 2.25% management fees, 20% performance fees for this P.O.S.????

canader wrote:
Enjoy:

https://spartanfunds.ca/documents/Libertas/Libertas%20Real%20Asset.pdf

YassineNoBS wrote: When you think about it they are really helping the longs who are willing and know better to stick around for a while. HCG can buy back at low prices increasing the book value of the remaining shares and eventually hitting the market with a Substantial Issuer Bid in Q1 or Q2 2020, a dividend or both. 
At this point and with ~ 11.5 million shares sold short they are bleeding, desperate, willing to go all in ( do they really have the choice now that most longs have strong hands?)  and trying to sell more and average up but that strategy is like overdosing. At one point and it is a matter of when not if those who overdose will have to face death, prison or the hospital bills. 




Bullboard Posts