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Housing Finance: HFCK a diamond in the rough
Rank: Elder Joined: 7/22/2009 Posts: 7,858
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Thank you all for your opinions. The rest you are still welcome to give yours. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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instinct wrote:Finally some tangible results... Housing Finance Group (HF) has posted a 9.6 per cent growth in net profit for the nine months to September driven by increased lending. The listed mortgage lender reported an after-tax profit of Sh777 million as at end of September up from Sh709 million in a similar period last year. “The increase in capital means that the banks capability of lending and deposit taking also increases,” said HF chief executive Frank Ireri. The lender raised Sh3.5 billion through a rights issue at the beginning of the year. READ: Housing Finance prices Sh3.5 bn cash call Loans and advances to customers increased to Sh51.7 billion in September up from Sh43.2 billion posted during a similar period in 2014. Customer deposits increased to Sh37.5 billion up from Sh33.1 billion. http://www.businessdaily...4/-/3vpvbw/-/index.html
will the hike in interest rates and a visit from bear affect the profit for the FY...just curiosity
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@enyands. It will. It's takes time to reflect, but eventually will. Banks are also good at cooking so the effect can be even further delayed The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Aguytrying wrote:It will. It's takes time to reflect, but eventually will. Banks are also good at cooking so the effect can be even further delayed They should have these people who do these cooking impeached
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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HF will require capital before the year is out or early next year Sehemu ndio nyumba
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Rank: Elder Joined: 6/23/2009 Posts: 14,237 Location: nairobi
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enyands wrote:Aguytrying wrote:It will. It's takes time to reflect, but eventually will. Banks are also good at cooking so the effect can be even further delayed They should have these people who do these cooking impeached Same reason why flat PBT was not announced. Ukora kiasi.. Kenyan style
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@maich. HFCK is threatening to go below 20 today The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Aguytrying wrote:@maich. HFCK is threatening to go below 20 today Kk too  I foresee the worst coming "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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mlennyma wrote:Aguytrying wrote:@maich. HFCK is threatening to go below 20 today Kk too I foresee the worst coming Mlennyma you and kk reminds me of @Obiero and kq. Anyways I just realised this kk has given you alot of emotional rolacosta. Still i insist wake me up when it's 10 bob.
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Rank: Chief Joined: 1/3/2007 Posts: 18,354 Location: Nairobi
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enyands wrote:mlennyma wrote:Aguytrying wrote:@maich. HFCK is threatening to go below 20 today Kk too I foresee the worst coming Mlennyma you and kk reminds me of @Obiero and kq. Anyways I just realised this kk has given you alot of emotional rolacosta. Still i insist wake me up when it's 10 bob. KK makes a decent profit. 'Nuff said. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Housing Finance: HFCK a diamond in the rough
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