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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.


TSX:HCG - Post by User

Comment by PRTmanaon Mar 18, 2020 5:57pm
87 Views
Post# 30823752

RE:This baby is a golden longterm investment

RE:This baby is a golden longterm investmentCanader, I have been folowing your posts since HCG dropped to $5 a few years ago. Your comments are always sanguine , well thought out and unemotional.

I am a portfo;io manager with a large regional firm. In my personal account I own a good chunk (for me at least) of this stock.So do a few non risk averse clients of mine.

I have been reading posts on stockhouse for a few years now. Yours always stand out to me. 
Lately the stock action has had me a little unerved but I also have been nibling here and there. I also am building a cash war chest to pick up several names that I find extremly cheap.

I admit I am not sure about HCG. The fundamentals of this company make it a screaming buy. However the dhorties have made it difficult to seperate emotion from the logical fundementals. Your last post has made me reflect again. So I like you, will try to find the bottom and back up the truck to load up.
Either, I like you will be thanking the shorters in the future or I will join you in the poor house.
Do your own reseatch. Develop conviction and tune out the noise has always paid of in the long run in my near 40 year carreer. 
Thank you for reminding me of this. The virus has infected the world not HCG.
Better SP will surley come.
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