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HFCK Rights Issue
young farmer
#1 Posted : Monday, March 02, 2015 9:51:40 AM
Rank: New-farer


Joined: 9/25/2012
Posts: 58
Location: kenia
ConfussedSad , Will you put your money on this bus and why. How does the right of issue work. #confussedinvestor.
mwekez@ji
#2 Posted : Monday, March 02, 2015 10:00:59 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
young farmer wrote:
ConfussedSad , Will you put your money on this bus and why. Will this bus join the main bus or how does right of issue work. #confussedinvestor.


Its a buy cause they are being sold at a good discount to market (speculators) and the company has good growth potential with diversification from mortgage financing to commercial banking (long term investors).

The question in italics is not clear.

A good discussion of this counter is ongoing here >>> http://wazua.co.ke/forum.aspx?g...sts&t=18276&p=58
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