SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Home Capital Group (HCG.B-TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clement who wrote (15)7/8/1999 5:07:00 PM
From: DaveAu  Read Replies (1) of 65
 
From latest issue of ID under the heading "April recommendations followed up":

Home Capital Group
(HCG.B-TSE, $4.10, 416-360-4663)
There's no place like home - Home Capital Group that is. Analyst Leigh Gardner
of Sprott Securities is still recommending this as a strong buy. ''They showed very
consistent and good growth, and they will continue to do that,'' she says, adding
that they are still extremely undervalued.
Interest in the company has been marked, and is reflected in its market
performance. Earnings for the first quarter increased to $1.9 million, or $0.13 per
share, from $1.2 million, or $0.10 per share, the previous year.
''We were very impressed with the first quarter results,'' Ms. Gardner says. ''They
exceeded our expectations. They were great.''
Home Capital has just completed the acquisition of a $34 million mortgage
portfolio from Mutual Life Assurance Company of Canada. ''This will help [Home
Capital] secure growth,'' says Ms. Gardner. It will also help promote the company
in its niche lending market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext