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Housing Finance: HFCK a diamond in the rough
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:https://mobile.twitter.com/AmbokoJH/status/1458780354056232962/photo/1
Housing Finance (HF Group) has started the process of inviting strategic investors to acquire stake in the company The exchange bar is seldom wrong. Information assymmetry. I speak in code
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Watch and learn 
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Short lived rally 21% gain in last four weeks. This is about the turnaround, not the buyout. I forecast KES 7 before Christmas
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:Ericsson wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Short lived rally 21% gain in last four weeks. This is about the turnaround, not the buyout. I forecast KES 7 before Christmas Ksh.7 is too ambitious,it will end in tears if you put high hopes. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:obiero wrote:Ericsson wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Short lived rally 21% gain in last four weeks. This is about the turnaround, not the buyout. I forecast KES 7 before Christmas Ksh.7 is too ambitious,it will end in tears if you put high hopes. The 52 week high is KES 5.48.. Not far at all
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:obiero wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Im thinking it is a price correction to reflect fair value, considering turn around strategy of new CEO. The firm has on average not traded more than 10,000 per day over the last three years, meaning original shareholders are still within What benefit does Equity get in buying HF? Attempts to remain bigger than KCB in terms of balance sheet Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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obiero wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Im thinking it is a price correction to reflect fair value, considering turn around strategy of new CEO. The firm has on average not traded more than 10,000 per day over the last three years, meaning original shareholders are still within last week it traded the biggest volume in 5ys in a single day (more than 1% of its total shares) since then the breakout from 4 has been well sustained. with a book value of above ksh 20 even with a big discount a buyer will still create sizeable value to shareholders compared to the current price There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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littledove wrote:obiero wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Im thinking it is a price correction to reflect fair value, considering turn around strategy of new CEO. The firm has on average not traded more than 10,000 per day over the last three years, meaning original shareholders are still within last week it traded the biggest volume in 5ys in a single day (more than 1% of its total shares) since then the breakout from 4 has been well sustained. with a book value of above ksh 20 even with a big discount a buyer will still create sizeable value to shareholders compared to the current price KES 7 minimum within next 4 weeks. Watch and learn
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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obiero wrote:littledove wrote:obiero wrote:My 2 cents wrote:Are investors reacting to the possibility of a buy-out by Equity? Im thinking it is a price correction to reflect fair value, considering turn around strategy of new CEO. The firm has on average not traded more than 10,000 per day over the last three years, meaning original shareholders are still within last week it traded the biggest volume in 5ys in a single day (more than 1% of its total shares) since then the breakout from 4 has been well sustained. with a book value of above ksh 20 even with a big discount a buyer will still create sizeable value to shareholders compared to the current price KES 7 minimum within next 4 weeks. Watch and learn 
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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obiero wrote:
The 52 week high is KES 5.48.. Not far at all
Despite KQ nearly ruining this wazua elder credibility, this man @Obiero should always be taken seriously especially on matters Exchange bar. I speak in code....  Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Fyatu wrote:obiero wrote:
The 52 week high is KES 5.48.. Not far at all
Despite KQ nearly ruining this wazua elder credibility, this man @Obiero should always be taken seriously especially on matters Exchange bar. I speak in code.... Hehe. KQ is a gem and HF is a diamond in the rough. Always be keen realize value especially when it’s not apparent. One/many could have easily gained over 50% in just 12 months, instead of focusing on @Obiero 
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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obiero wrote:My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories I dont trade. I buy and hold long term. So I like to focus on quality companies.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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My 2 cents wrote:obiero wrote:My 2 cents wrote:Penny stocks can move double digit %s very easily. From 2 to 3 bob is a 50% gain. See also KPLC's move from 1.3 to a high of 1.9. Doesn't mean the fundamentals are great. How about Nairobi Business Ventures moves. Dont read too much in the movement of a penny stock's price. Be ready to trade and leave alone emotions and theories I dont trade. I buy and hold long term. So I like to focus on quality companies. 50% gain for larger caps is very rare. But 50% income gain is 50% income gain, whether earned via fish sales, penny stocks or real estate etc. I am a hybrid of trader and investor but leaning heavy on trader
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Ericsson wrote:My 2 cents wrote:Fyatu wrote:obiero wrote:
Be ready to trade and leave alone emotions and theories
This is key. Spoken like a true elder. An elder would tell you trading the NSE will get your head handed to you. Commissions of 2.2% going in and another 2.2% going out. Don't trade this market. If you have to trade, take it to the fish market. To trade target a minimum return of 25% so that when you remove commissions it comes to 20% Lets put this in practice hypothetically. Pick one stock tomorrow, which you think will go up 25% in the next 7 months. Then lets circle back in Jun 2022. Please report tomorrow which that stock is so that we record tomorrows price. Theory always much easier than action.
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