Equity owns a quarter of HF. Their relationship is for mutual benefit

On Net Book Value, I chose to go with the audited accounts. However, if you want us to go by Q1 results, remove the dividend coz its gonna be paid in a few days and you get Net Book Value of 14.15 (P/B; 1.6). HF beats KCB hands down on that metric.

On Dividend Yield, Still HF leads
KCB; 8%
HF; 11%

In most times, I buy when foreigners are away and sell to them when they come back. Have done it a couple of times with KeKe and am doing it again with Puma

With all these info HF has caught my attention to accumulate some fdor the long term.
It is just now I realise that they pay interims and they have surpassed my thresh hold test of 5% minimum dividend yield.

Thanks all for this info, I have not been looking closely on HF.

@sparkly. and the 2% for buying back. equity and saf rallied past cum div price. quite perculiar .
@guru. the question we have to ask ourselves is, what effect will elections have on kcb?
@mwekezaji. the same foreigners buying like crazy now are the same ones who sold kcb like crazy last year pushing it to 15.00, ill wait for them.
its unbelievable that kcb is at a pe of 6.0, im waiting for the irrationality for my entry.
the pedulum always swings.

@guru - I also expect (95%) things to proceed like 2002. And I hope this time round things hold together for the whole term for whoever comes in. So the best buying time should be Dec 2012 - Feb 2013. And I hope CBR will still be sky high. So that once CBK start smashing it down (remember Mwiraria cash reserve gimmick back in 2003/2004) should work out some serious stock rally magic at the NSE. Also by then KE will have known if the oil depos are commercially viable. This I'm sure they are from the deal flows outside KE

@mainat can confirm this

https://www.imf.org/external/np/loi/2004/ken/ - I foresee something similar to this IMF report back in 2004.

I know, its mind boggling the value here.
I also expect elections to go referendum way, the way you've said.
That said i also expect the market to get spooked between now and then.

@Guru I wish you were hyping Jubilee & Kenya Power the same way you are hyping KCB maybe YBC will come back....