Stockchase Opinions

Dennis Mitchell, CFA HomeQ Corp. HEQ-T BUY Nov 03, 2008

The only reverse mortgage market player in Canada. Have more than enough cash coming in to cover distributions. Very healthy dividend yield of about 16%.
$7.200

Stock price when the opinion was issued

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(Market Call Minute.) Reverse mortgages. Has grown their business very well. The market just doesn't understand it.
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Pretty much the only originator in reverse mortgages in Canada. 12.6% yield.
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(Market Call Minute.) Have a monopoly on reverse mortgages.
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(A Top Pick June 12/08. Down 21.36%.) Management cut distributions because they thought it was the prudent. Converting to a scheduled 2 bank in Canada and will be able to diversify their funding source in terms of taking in deposits.
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Reverse mortgages. Very well run. Have a banking license now. Decent dividend.