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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

Post by cobblehillon Mar 28, 2020 1:30pm
118 Views
Post# 30856064

No position, but I do have an opinion

No position, but I do have an opinionWith this ticker hitting a low of $5.06 May 2017, it is asinine to not expect further weakness. I have a basement of $3.58, an aftermath of the debt bubble bursting (that $ dwarfs the equity market and will be immune to any printing press stupidty) The impending corporate debt downgrades will destroy not only this stock, but many others just like it. It's your cash, suit yourself where you place it.
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