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HFCK fully year 2011 profits up 74 percent

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kyt		#41 Posted : Wednesday, February 22, 2012 5:21:06 PM
Rank: Elder Joined: 11/7/2007 Posts: 2,182		Sufficiently Philanga....thropic wrote: hisah wrote: As long as financial firms continue to announce better than expected results in this bidless market, I expect the market to continue tanking. This is the same script just as it was last year. The bidless market is still hoping on bullishness. Once the financial firms start reporting 'brown shoots' in this bidless market, that's the only time I can expect NSE to mount a serious rally in coming months. I still expect the market to test 3070 and breaking below 3000 is not going to be funny for the current bull callers, but will be fun for those picking at ridiculous prices lower. Just watch oil prices - they have a very nasty way of surprising 'rosy' fundamentals. That's all... Couldnt agree more! Brent at current levels of post $120 will just spoil the party for us! Can't we just get our oil from Southern Sudan @CDE? thats a question someone here answered, 1. it is 7 times more expensive to transport oil from Mombasa to Sudan than it is from Arab countries to Kenya 2. our "state of the art" refinery cannot refine Sudan's crude and in essence will also not be able to refine Uganda's either LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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FUNKY		#42 Posted : Wednesday, February 22, 2012 5:21:47 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		@ guru - when equity will take full control over HFCK it will be a different story on its own.
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the deal		#43 Posted : Wednesday, February 22, 2012 7:26:23 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		@guru why would people go to S&L where old clients are paying 19-27% instead of 16%? All I know is HF is on a roll...need evidence look at our FY results.
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Cde Monomotapa		#44 Posted : Wednesday, February 22, 2012 7:56:13 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Snake hiss
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guru267		#45 Posted : Wednesday, February 22, 2012 8:39:36 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		FUNKY wrote: @ guru - when equity will take full control over HFCK it will be a different story on its own. We have been 6 years in waiting for this takeover and HFCK have made it clear that they will not sell to Equity at anytime... the deal wrote: @guru why would people go to S&L where old clients are paying 19-27% instead of 16%? All I know is HF is on a roll...need evidence look at our FY results. S&L mortgage rates are not the same as KCB bank loan rates.. S&L already has 30% market share in kenya so no real need to fight HFCK... & when it hits Uganda, Rwanda, S.Sudan (all virgin markets) with mortgage products it will then be unmatched... I was merely pointing out that KCB is a better bet than HFCK when playing the mortgage sector.. Mark 12:29 Deuteronomy 4:16
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the deal		#46 Posted : Wednesday, February 22, 2012 8:43:57 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		HF to re-enter property market with Sh1bn city http://www.businessdaily...9f2l/-/index.html
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Cde Monomotapa		#47 Posted : Wednesday, February 22, 2012 8:47:48 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		the deal wrote: HF to re-enter property market with Sh1bn city http://www.businessdaily...9f2l/-/index.html Enough said.
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guru267		#48 Posted: : Wednesday, February 22, 2012 9:17:58 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		the deal wrote: HF to re-enter property market with Sh1bn city http://www.businessdaily...9f2l/-/index.html As HFCK tries to re-enter the market check out a couple of S&L's ongoing activities.. www.allafrica.com/stories/201110110872.html www.kcbbankgroup.com/ke/...mp;id=688&Itemid=264 www.kcbpropertyguide.com...;view=article&id=119:diaspora-new-mortgage-frontier&catid=1:latest-news&Itemid=211 Mark 12:29 Deuteronomy 4:16
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QW25091985		#49 Posted : Wednesday, February 22, 2012 9:20:55 PM
Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood		we are definitely at the hight of a real estate boom about to go burst .... guess what comes before a crash ? euphoria
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guru267		#50 Posted : Wednesday, February 22, 2012 9:32:47 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		QW25091985 wrote: we are definitely at the hight of a real estate boom about to go burst .... guess what comes before a crash ? euphoria My friend.. As long as a 200,000 housing deficit remains where does the burst come from.. Not even high interest rates could halt these projects... Mark 12:29 Deuteronomy 4:16
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