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Housing Finance: HFCK a diamond in the rough
Aguytrying
#111 Posted : Wednesday, September 12, 2012 10:28:34 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@mwekezaji. Let the doubters doubt. The below 14.50 is appetizing
The investor's chief problem - and even his worst enemy - is likely to be himself
youcan'tstopusnow
#112 Posted : Wednesday, September 12, 2012 10:32:58 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekezaji, so The 2 Brothers (Equity and Britak) now own 45 percent of the company. I just wonder if they have any sort of particular plan for it. Could it be that they still ''are not in HF for the dividends"?. Remember the boardroom coup they initiated when the chairman was not cooperating.
So Britak essentially paid twice the current market value of HF.
GOD BLESS YOUR LIFE
Aguytrying
#113 Posted : Wednesday, September 12, 2012 10:33:12 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
PKoli wrote:
Aguytrying wrote:
I want this stock in my portfolio, I can almost taste it!



@Aguy..I will follow you on this


Its hard to ignore
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#114 Posted : Wednesday, September 12, 2012 1:59:35 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
mwekezaji, so The 2 Brothers (Equity and Britak) now own 45 percent of the company. I just wonder if they have any sort of particular plan for it. Could it be that they still ''are not in HF for the dividends"?. Remember the boardroom coup they initiated when the chairman was not cooperating.
So Britak essentially paid twice the current market value of HF.


Indeed, It goes that the 2 brothers are not in HF for the dividends. There are in it for MORE and SYNERGY is the word here smile

I long to hear these 2 brothers giving us more details on this association.
S.Mutaga III
#115 Posted : Wednesday, September 12, 2012 5:05:18 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
I bought a good chunk at 13bob but am begining to think it is a value trap for investors.Considering that most banks are now offering morgages,the company my be awaiting some serious competition even from the private sector.Maybe it will not be a going concern in the next five years unless they diversify to other services.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
sparkly
#116 Posted : Wednesday, September 12, 2012 5:17:30 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
S.Mutaga III wrote:
I bought a good chunk at 13bob but am begining to think it is a value trap for investors.Considering that most banks are now offering morgages,the company my be awaiting some serious competition even from the private sector.Maybe it will not be a going concern in the next five years unless they diversify to other services.


wacha uoga!
Life is short. Live passionately.
guru267
#117 Posted : Wednesday, September 12, 2012 9:41:51 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
S.Mutaga III wrote:
am begining to think it is a value trap for investors.Considering that most banks are now offering morgages,the company my be awaiting some serious competition even from the private sector.


I do not think it is a value trap but I do think S&L will steal market share from HFCK!
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#118 Posted : Thursday, September 13, 2012 1:25:26 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mortgage firm Housing
Finance has cut its lending rate by five percentage points in the race to growing its loan book through affordable credit.
The mortgage lender said it had cut its lending rate to 18 per cent from 23 per cent in what is linked to CBK’s monetary easing stance that has seen the Central Bank Rate drop by five percentage points to 13 per cent in about two months.
http://www.businessdaily...4/-/uotnai/-/index.html
GOD BLESS YOUR LIFE
mwekez@ji
#119 Posted : Thursday, September 13, 2012 8:50:00 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The fruits of monetary easing are here. Time for the business to grow
Aguytrying
#120 Posted : Thursday, September 13, 2012 1:32:54 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Supply at 14.00. No one should in the future say " i wonder when i should have bought"
Now is the time
The investor's chief problem - and even his worst enemy - is likely to be himself
251 Pages«<1011121314>»
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