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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

Comment by canaderon Jan 18, 2020 1:22am
108 Views
Post# 30568131

RE:RE:5.2million more shares to disappear!!

RE:RE:5.2million more shares to disappear!!
The SIB just completed 53% of shares got tendered. So from short sellers perspective 47% of the shares didn't get taken up. Short sellers are testing those untendered shares  to see if they can get squeezed to sell. One thought.



TheDog2 wrote: This should be very positive in pushing the shareprice up, will it not. I still don't understand why the price dropped this week.  Does anyone have an educated response? I have been using the company for my GIC's and TFSA's.

There appears to be Investment Houses rating this company very high. Would you recommend investment in the stock and why?


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