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Housing Finance: HFCK a diamond in the rough
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instinct
#1531 Posted : Tuesday, December 13, 2016 11:42:17 AM
Rank: Member

Joined: 8/17/2007
Posts: 294
http://www.businessdaily...4506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....
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actuarywahisa
#1532 Posted : Tuesday, December 13, 2016 12:20:09 PM
Rank: Member

Joined: 5/21/2014
Posts: 184
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


Kumbe hii ni burukenge...? Sad
There are too many opportunities all around. Open your eyes and maybe you'll spot one
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subaru
#1533 Posted : Tuesday, December 13, 2016 12:35:57 PM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
actuarywahisa wrote:
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


Kumbe hii ni burukenge...? Sad

No wonder inashuka hivyo tu 9 Bob inakuja
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Mkondoa Macho
#1534 Posted : Tuesday, December 13, 2016 12:37:04 PM
Rank: New-farer

Joined: 2/7/2016
Posts: 79
Location: Home
I now realize that no matter how well you do your research about a company, unless you are an insider, there is always an element of gambling involved. A few weeks back I would have sworn that HFCK was among the best companies at the NSE. There is no way of verifying information presented to investors because auditors can be bribed.
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Aguytrying
#1535 Posted : Tuesday, December 13, 2016 12:52:19 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Mkondoa Macho wrote:
I now realize that no matter how well you do your research about a company, unless you are an insider, there is always an element of gambling involved. A few weeks back I would have sworn that HFCK was among the best companies at the NSE. There is no way of verifying information presented to investors because auditors can be bribed.


I asked a question here last year during the britam Mauritius scandal. Can the son be clean when the father is dirty? The day britam acquired 46% ownership the followed by the above mentioned scandal, I washed my hands
The investor's chief problem - and even his worst enemy - is likely to be himself
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Spikes
#1536 Posted : Tuesday, December 13, 2016 1:37:53 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Aguytrying wrote:
Mkondoa Macho wrote:
I now realize that no matter how well you do your research about a company, unless you are an insider, there is always an element of gambling involved. A few weeks back I would have sworn that HFCK was among the best companies at the NSE. There is no way of verifying information presented to investors because auditors can be bribed.


I asked a question here last year during the britam Mauritius scandal. Can the son be clean when the father is dirty? The day britam acquired 46% ownership the followed by the above mentioned scandal, I washed my hands



This bad omen news will hit Britam like an hurricane forcing it down to sub 10 bob by Friday before its early projected January 2017.....
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Pesa Nane
#1537 Posted : Tuesday, December 13, 2016 3:57:43 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


On the very day that I scooped meself some more!!! Sad Sad
Pesa Nane plans to be shilingi when he grows up.
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VituVingiSana
#1538 Posted : Tuesday, December 13, 2016 7:24:20 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Pesa Nane wrote:
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


On the very day that I scooped meself some more!!! Sad Sad
Pole sana. Sad Sad Sad If you do not trust the management, just avoid the stock [as a long-term investment]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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muandiwambeu
#1539 Posted : Tuesday, December 13, 2016 8:01:28 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
VituVingiSana wrote:
Pesa Nane wrote:
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


On the very day that I scooped meself some more!!! Sad Sad
Pole sana. Sad Sad Sad If you do not trust the management, just avoid the stock [as a long-term investment]

My take is simple, lots begs explaining here. A confirmation of a hint I bumped upon two yrs down the line. Lots more lurks behind this revelation.
,Behold, a sower went forth to sow;....
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VituVingiSana
#1540 Posted : Tuesday, December 13, 2016 9:00:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
muandiwambeu wrote:
VituVingiSana wrote:
Pesa Nane wrote:
instinct wrote:
http://www.businessdailyafrica.com/Corporate-News/Court-battle-reveals-HF-Sh4bn-hidden-bad-loans/539550-3484506-hqtjt4z/index.html

this 'msoga' is starting to smell foul....


On the very day that I scooped meself some more!!! Sad Sad
Pole sana. Sad Sad Sad If you do not trust the management, just avoid the stock [as a long-term investment]

My take is simple, lots begs explaining here. A confirmation of a hint I bumped upon two yrs down the line. Lots more lurks behind this revelation.
Toboa! Laughing out loudly Laughing out loudly Laughing out loudly

P.S. If anyone hears anything about I&M ... please let me know!
Equity too but I am not as invested in it as I&M
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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