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Housing Finance: HFCK a diamond in the rough
obiero
#2261 Posted : Friday, December 23, 2022 9:15:15 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
Ericsson wrote:
mlennyma wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Next stop KES 4.. I'm not selling below KES 12


Vision 2032

You must have meant 2023

2032Laughing out loudly Laughing out loudly Laughing out loudly

12/- by Dec 2023 is a pipe dream when there are many other small unlisted banks with less drama available for sale.

wewe mzee, drama gani bana.. HF is past it's dark Ireri period
Let's reconvene here in Dec 2023 smile

Volume indicators are telling you a story but you refuse to listen. Tukutane mbele!


What is exciting NCBA bwana insider

Dividend
Interim dividend ksh.2
Final dividend projection of ksh.2-2.25
Bringing total dividend to ksh.4-4.25


NCBA dividend per share can buy an HF share and remain with plenty of loose change. Interesting times 😜

It all looks clever, until HF skips from KES 3 to KES 12. Capital gains easily outweigh dividend return in some cases


I use my NCBA dividend to buy HF share. I retain my NCBA shares and dividends.

The HF share skips from KES 3 to KES 12. I enjoy the capital gain.

I haven't lost anything, have I? The clear message being that CASH is KING.

Personally, I have several counters that are bringing in dividends already. Cash is always king


Your portfolio is in your signature 😂

Yes. Open secret

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#2262 Posted : Saturday, December 24, 2022 1:23:44 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
Ericsson wrote:
mlennyma wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Next stop KES 4.. I'm not selling below KES 12


Vision 2032

You must have meant 2023

2032Laughing out loudly Laughing out loudly Laughing out loudly

12/- by Dec 2023 is a pipe dream when there are many other small unlisted banks with less drama available for sale.

wewe mzee, drama gani bana.. HF is past it's dark Ireri period
Let's reconvene here in Dec 2023 smile

Volume indicators are telling you a story but you refuse to listen. Tukutane mbele!


What is exciting NCBA bwana insider

Dividend
Interim dividend ksh.2
Final dividend projection of ksh.2-2.25
Bringing total dividend to ksh.4-4.25


NCBA dividend per share can buy an HF share and remain with plenty of loose change. Interesting times 😜

It all looks clever, until HF skips from KES 3 to KES 12. Capital gains easily outweigh dividend return in some cases


I use my NCBA dividend to buy HF share. I retain my NCBA shares and dividends.

The HF share skips from KES 3 to KES 12. I enjoy the capital gain.

I haven't lost anything, have I? The clear message being that CASH is KING.

Personally, I have several counters that are bringing in dividends already. Cash is always king


Your portfolio is in your signature 😂

Yes. Open secret



What's the dividend yield on your portfolio, just asking.
Life is short. Live passionately.
obiero
#2263 Posted : Wednesday, December 28, 2022 6:56:06 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
sparkly wrote:
Ericsson wrote:
mlennyma wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Next stop KES 4.. I'm not selling below KES 12


Vision 2032

You must have meant 2023

2032Laughing out loudly Laughing out loudly Laughing out loudly

12/- by Dec 2023 is a pipe dream when there are many other small unlisted banks with less drama available for sale.

wewe mzee, drama gani bana.. HF is past it's dark Ireri period
Let's reconvene here in Dec 2023 smile

Volume indicators are telling you a story but you refuse to listen. Tukutane mbele!


What is exciting NCBA bwana insider

Dividend
Interim dividend ksh.2
Final dividend projection of ksh.2-2.25
Bringing total dividend to ksh.4-4.25


NCBA dividend per share can buy an HF share and remain with plenty of loose change. Interesting times 😜

It all looks clever, until HF skips from KES 3 to KES 12. Capital gains easily outweigh dividend return in some cases


I use my NCBA dividend to buy HF share. I retain my NCBA shares and dividends.

The HF share skips from KES 3 to KES 12. I enjoy the capital gain.

I haven't lost anything, have I? The clear message being that CASH is KING.

Personally, I have several counters that are bringing in dividends already. Cash is always king


Your portfolio is in your signature 😂

Yes. Open secret



What's the dividend yield on your portfolio, just asking.

I keep telling people here, less than 5% of my total wealth rests in stocks. I could lose all these securities and still live good. You can compute the dividend yield from my signature and post it here

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#2264 Posted : Saturday, December 31, 2022 9:13:56 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
2022 has ended,share price still stuck in doldrums
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2265 Posted : Saturday, December 31, 2022 11:43:12 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
2022 has ended,share price still stuck in doldrums

2023 awaits the earthquake. happy holidays

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#2266 Posted : Sunday, January 01, 2023 7:59:11 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
Ericsson wrote:
2022 has ended,share price still stuck in doldrums

2023 awaits the earthquake. happy holidays
Laughing out loudly Laughing out loudly Laughing out loudly Mark this post. Most of the other banks are likely to do better than HFCK after dividends are included.

I expect a nice dividend (DY 10%+) from ABSA, SCBK.
Lousier from I&M, NCBA and DTB [Less than 10%]
BUT better than HF by far
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#2267 Posted : Monday, January 02, 2023 8:46:59 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
obiero wrote:
Ericsson wrote:
2022 has ended,share price still stuck in doldrums

2023 awaits the earthquake. happy holidays

Burukenge earthquake that can't shake a plastic cup
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2268 Posted : Thursday, January 05, 2023 2:25:35 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
2022 has ended,share price still stuck in doldrums

2023 awaits the earthquake. happy holidays

Burukenge earthquake that can't shake a plastic cup

Time will tell the Burukenge

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#2269 Posted : Friday, January 06, 2023 11:12:01 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
400,000 demand
32,200 supply

watch and learn

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#2270 Posted : Friday, January 06, 2023 12:13:19 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2271 Posted : Monday, January 09, 2023 3:58:43 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#2272 Posted : Monday, January 09, 2023 4:30:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2273 Posted : Monday, January 09, 2023 7:27:15 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#2274 Posted : Monday, January 09, 2023 7:28:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#2275 Posted : Thursday, January 26, 2023 9:06:20 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

KES 12 ceteris paribus should print before end of year 2023. More than double current required investment capital. Watch and learn

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#2276 Posted : Friday, January 27, 2023 7:42:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
obiero wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

KES 12 ceteris paribus should print before end of year 2023. More than double current required investment capital. Watch and learn


400% rise in share price in 2023 that's burukenge predictions.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2277 Posted : Friday, January 27, 2023 2:06:19 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Ericsson wrote:
obiero wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

KES 12 ceteris paribus should print before end of year 2023. More than double current required investment capital. Watch and learn


400% rise in share price in 2023 that's burukenge predictions.

Watch and learn

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
littledove
#2278 Posted : Tuesday, January 31, 2023 7:55:13 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
https://www.businessdailyafrica.com/bd/corporate/companies/peter-kenneth-31-investors-to-get-sh5bn-in-mayfair-bank-sale--4105268
Politician Peter Kenneth, lawyer Ambrose Rachier and city tycoon Amos Gichuki Ngonjo are set to receive $40 million (Sh4.98 billion) for the sale of their remaining stakes in Mayfair Bank to Egypt’s Commercial International Bank (CIB).

The three are among the 32 investors who have agreed to sell their combined 49 percent stake in Mayfair to CIB, which in April 2020 also paid $35.35 million (4.4 billion) to get a 51 percent stake.
....
The deal has offered Kenyan investors a platform to cash in on their investments in a transaction that values the bank that accounted for only 0.26 percent of the country’s banking market at Sh10.2 billion.
....
It has five branches spread out in Nairobi, Eldoret and Mombasa.
How did this small bank fetch a whole 10billion, while hfk with branches all over the country and land bank of assets market capitalization at nse is just 1.2 billion Think Think
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
VituVingiSana
#2279 Posted : Tuesday, January 31, 2023 9:15:38 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
littledove wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/peter-kenneth-31-investors-to-get-sh5bn-in-mayfair-bank-sale--4105268
Politician Peter Kenneth, lawyer Ambrose Rachier and city tycoon Amos Gichuki Ngonjo are set to receive $40 million (Sh4.98 billion) for the sale of their remaining stakes in Mayfair Bank to Egypt’s Commercial International Bank (CIB).

The three are among the 32 investors who have agreed to sell their combined 49 percent stake in Mayfair to CIB, which in April 2020 also paid $35.35 million (4.4 billion) to get a 51 percent stake.
....
The deal has offered Kenyan investors a platform to cash in on their investments in a transaction that values the bank that accounted for only 0.26 percent of the country’s banking market at Sh10.2 billion.
....
It has five branches spread out in Nairobi, Eldoret and Mombasa.
How did this small bank fetch a whole 10billion, while hfk with branches all over the country and land bank of assets market capitalization at nse is just 1.2 billion Think Think

Net Assets = Assets less Liabilities
HF may have many branches, land, etc but it also has deposits, other liabilities.

Citibank KE with 2-3 branches makes more money than ALL the Tier 3 banks combined.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#2280 Posted : Thursday, February 02, 2023 12:12:54 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
obiero wrote:
Ericsson wrote:
obiero wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
obiero wrote:
400,000 demand
32,200 supply

watch and learn


Price ksh.3.11

You cannot watch the prices daily like a hawker. Stock investment requires patience


A burukenge is a burukenge whether one watches daily,weekly or yearly,nothing will change.
This is another mirage just like your KQ open offer

It's bad manners to count other people's money

KES 12 ceteris paribus should print before end of year 2023. More than double current required investment capital. Watch and learn


400% rise in share price in 2023 that's burukenge predictions.

Watch and learn

52 week high to be broken by tomorrow. The sky is not the limit. 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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