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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

Post by CanadianKiaon Jun 23, 2022 4:29pm
187 Views
Post# 34778504

Can’t wait

Can’t waitI've been out of HCG for a while now as sold when prices hit the high 30s

now, the same company's shares are plummeting. Thanks to the drop in home sales and a massive uptick of shorts this stock is going to plummet back down once again

here is the best part. There are half the shares as a few years ago. They run a lean operation and at some point real estate will come back with a massive force

canf wait to buy this at 10 bucks or less. I prey it happens by end of year 
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