Wazua
»
Investor
»
Stocks
»
Housing Finance: HFCK a diamond in the rough
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
|
Angelica _ann wrote:bartum wrote:What is flipping House flipping is when real estate investors buy homes, usually at auction, and then resell them at a profit months down the road after undertaking renovations/improvements/modifications etc . Thanks
|
|
|
Rank: New-farer Joined: 11/16/2015 Posts: 39 Location: Nairobi
|
@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take Barikiwa tufanane
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
|
merkava wrote:@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take I haven't looked at HFCK, in detail, in a while. I cannot give you but a cursory answer. I like where Ireri has taken HFCK. It's not an easy market to be in but eventually it has to become a full-fledged bank. The "interest capping" did not hurt HFCK as much since its rates were never as high as many banks. I like their focus of "build and sell" since it creates an end product for their customers. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: New-farer Joined: 11/16/2015 Posts: 39 Location: Nairobi
|
Thank you @vvs for your insight. We had an office once 9th floor of Rehani HSE probably thats why I have always felt emotionally attached to this counter.But money has no emotions.....well I will research further and probably decide on whether to jump in Barikiwa tufanane
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
|
merkava wrote:@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take @Markava,HF current EPS is 4.30 while its PE is 3.40. From this simplistic point of view,my answer to your question is yes,its worth to consider for long term.I agree with @ VVS that it wont be hurt by law capping interest rate.The morgage business profits still forms a big chunk of their income stream. No matter what,it pays to invest in the long term. Towards the goal of financial freedom
|
|
|
Rank: New-farer Joined: 11/16/2015 Posts: 39 Location: Nairobi
|
Ebenyo wrote:[quote=merkava]@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take @Markava,HF current EPS is 4.30 while its PE is 3.40. From this simplistic point of view,my answer to your question is yes,its worth to consider for long term.I agree with @ VVS that it wont be hurt by law capping interest rate.The morgage business profits still forms a big chunk of their income stream. No matter what,it pays to invest in the long term. Thanxs bro Barikiwa tufanane
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
instinct wrote:Buy HF and Sell Portland http://www.nation.co.ke/.../-/eml2u7z/-/index.html
Interestingly, in the financial period, the real estate arm of HF, HF Development and Investment completed and sold 500 residential units in Komarock 5B, Precious Gardens Phase 1, Kahawa Downs, a retail commercial property known as K-Mall. The development arm also initiated the construction of Komarock Heights Phase 1 development project which will comprise of 480 residential units. Following the profit jump, HF announced a final dividend of Sh0.65 per cent, which brought the firm’s dividend payout for the 2015 financial period to a total of Sh1.3 per share. Mr Maina says HF is entering a high growth phase boosted by the bank’s strategy of becoming a top tier bank by 2020 through corporate and retail banking, and mortgages. BELOW FAIR VALUE “Given its growth projects, the current price of around Sh20 per share is below its fair value and is recommended as a buy,” he says. Any new projects in the pipeline? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
|
Ebenyo wrote:merkava wrote:@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take @Markava, HF current EPS is 4.30 while its PE is 3.40. From this simplistic point of view,my answer to your question is yes,its worth to consider for long term.I agree with @ VVS that it wont be hurt by law capping interest rate.The morgage business profits still forms a big chunk of their income stream. No matter what,it pays to invest in the long term. @ Ebenyo, where do you get these figures from? I had subscribed to MyStocks but i find they never update their figures. is there another website which has current and accurate figures? Do you find the wazua figures accurate? and also where can one get the book value per share figures?
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
|
heri wrote:Ebenyo wrote:merkava wrote:@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take @Markava, HF current EPS is 4.30 while its PE is 3.40. From this simplistic point of view,my answer to your question is yes,its worth to consider for long term.I agree with @ VVS that it wont be hurt by law capping interest rate.The morgage business profits still forms a big chunk of their income stream. No matter what,it pays to invest in the long term. @ Ebenyo, where do you get these figures from? I had subscribed to MyStocks but i find they never update their figures. is there another website which has current and accurate figures? Do you find the wazua figures accurate? and also where can one get the book value per share figures? @heri I missed you
KQ ABP 4.26
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
|
heri wrote:Ebenyo wrote:merkava wrote:@Ebenyo @ VVS what your take on this counter-HFCK for a long term investor?is it worth any consideration? with the new face HF i think its a counter to look out for in the long term, whats your take @Markava, HF current EPS is 4.30 while its PE is 3.40. From this simplistic point of view,my answer to your question is yes,its worth to consider for long term.I agree with @ VVS that it wont be hurt by law capping interest rate.The morgage business profits still forms a big chunk of their income stream. No matter what,it pays to invest in the long term. @ Ebenyo, where do you get these figures from? I had subscribed to MyStocks but i find they never update their figures. is there another website which has current and accurate figures? Do you find the wazua figures accurate? and also where can one get the book value per share figures? @Heri,i normally do my own calculations.I find it better that way. These are the formulas i use: 1.EPS= Net income/outstanding shares. 2.PE=Current share price/earning per share. Relying on your own calculation is better as all those websites gives conflicting figures hence confusion. Towards the goal of financial freedom
|
|
|
Wazua
»
Investor
»
Stocks
»
Housing Finance: HFCK a diamond in the rough
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|