Home Capital Group Inc 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.

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Home Capital Group Inc > Great run by HCG

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Comment by canaderon Oct 12, 2019 10:53am

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Post# 30225256

RE:Great run by HCG

Good luck on your Journey,

I am not going anywhere for a while. As the taint fades HCG has another 50% upside from here.
HCG started as a short term trade for me, but as I have learnt more it is now morphing into a long term investment.

Anything is possible, but I see HCG in the $30-$40 range in the short term future(within a year or so). And down the road as fundamentals permit back to the $50s and greater.

Thanks to B20 all the banks and mortgages are going into the recession with damn strong loan books. Battle lines drawn.

GLTA cept the dhorties of course