wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

251 Pages«<169170171172173>»
Housing Finance: HFCK a diamond in the rough
Options
Previous Topic · Next Topic
obiero
#1701 Posted : Saturday, January 28, 2017 12:32:25 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
mlennyma wrote:
wukan wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
obiero wrote:
wale walio bado ndani ya hii gari.. chungeni mfuko!!! i will explain later

The price is still way too high for this stock and with a rights issue on the way, I shall buy 100 shares at 45 or below and then wait.. Fair value ignoring all emotions is KES 32

your dream may have been fake,on release of rights news the share touched 50 today meaning everybody is willing to be part of the rights

January 20.2015.. I foresaw the turmoil as guided by the exchange bar, but lust pulled me back into HF, now im down 52%, waiting for some info tomorrow upon which I will decide whether to bite the bullet or ride the bear


I was pulled in by the Komarock housing scheme too much faith that Komarock heights would do well with the outer ring road but I should have scrutinized the capital structure and liquidity ratios. Tied up my capital in this value trap.

I also heard another bank saying it was duped by a report to sink 400m in uchumi and wants refund so you are not alone

Terrible turn of events at JBB

KQ ABP 4.26
Back to top
WWW
  |
Pesa Nane
#1702 Posted : Monday, February 06, 2017 6:49:30 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c


Pay day is coming soon. Pray

#BuyOnTheCheap
#@kumikumi
Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
actuarywahisa
#1703 Posted : Tuesday, February 07, 2017 5:11:11 PM
Rank: Member

Joined: 5/21/2014
Posts: 184
wukan wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
obiero wrote:
wale walio bado ndani ya hii gari.. chungeni mfuko!!! i will explain later

The price is still way too high for this stock and with a rights issue on the way, I shall buy 100 shares at 45 or below and then wait.. Fair value ignoring all emotions is KES 32

your dream may have been fake,on release of rights news the share touched 50 today meaning everybody is willing to be part of the rights

January 20.2015.. I foresaw the turmoil as guided by the exchange bar, but lust pulled me back into HF, now im down 52%, waiting for some info tomorrow upon which I will decide whether to bite the bullet or ride the bear


I was pulled in by the Komarock housing scheme too much faith that Komarock heights would do well with the outer ring road but I should have scrutinized the capital structure and liquidity ratios. Tied up my capital in this value trap.


I usually believe that in a bear market, value traps exist only in the mind.

What would I do if I found myself in such a situation?....

.... I would book the loss and switch to a more promising counter immediately then be patient with your new BAE. The only cost would be the transaction cost of the switch. Assuming that I'd have actually bought into a much better counter, then I'd would be in a much better position once the market stops feeling gloomy.
There are too many opportunities all around. Open your eyes and maybe you'll spot one
Back to top
  |
guru267
#1704 Posted : Wednesday, February 08, 2017 6:16:13 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
This thing will re rate once there is a clear repayment plan for the KES 7Bn bond maturing this year
Mark 12:29
Deuteronomy 4:16
Back to top
  |
obiero
#1705 Posted : Wednesday, February 08, 2017 10:17:30 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
guru267 wrote:
This thing will re rate once there is a clear repayment plan for the KES 7Bn bond maturing this year

I believe so too

KQ ABP 4.26
Back to top
WWW
  |
wukan
#1706 Posted : Tuesday, February 14, 2017 3:01:13 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,652
Now this kind of thinking is exciting. Too many renters who can upgrade and also the stone age houses in the rural areas that can be upgraded.

Quote:
Leading mortgage financier Housing Finance plans to reduce the size of home loan for the middle and low income earners to stimulate uptake. The lender said it plans to offer mortgages at 10 per cent, which is below the market rate of 14 per cent.

The mortgage financier, which controlled about 24.3 per cent market share in 2015, yesterday said it is developing a product that will allow prospective homeowners access funding of between Sh1.5 million and Sh4 million under the preferential terms. This will be through a proposed special Sh10 billion fund in partnership with international investors. Managing director Frank Ireri said the lender has opened talks with local and international financiers. The fund, he said, will be rolled out mid next year.

“It is one of the things we are doing to help with the development of affordable housing. We are already talking to a number of impact investors to create the fund for lending to customers,” Ireri said. “The idea is to keep mortgage repayment as low as possible and closer to what the prospective customers are now paying as rent in order to convert as many rent payers as possible to homeowners.”


http://www.the-star.co.k...-income-earners_c1505824
Back to top
  |
Pesa Nane
#1707 Posted : Thursday, February 16, 2017 9:35:00 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Catch up with the latest on HF at KBC Channel 1, The Trading Bell Interview with Frank Ireri ongoing.
Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
obiero
#1708 Posted : Sunday, February 26, 2017 3:24:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Pesa Nane wrote:


Pay day is coming soon. Pray

#BuyOnTheCheap
#@kumikumi

Trouble in paradise http://www.businessdaily...28354-8551vhz/index.html

KQ ABP 4.26
Back to top
WWW
  |
Spikes
#1709 Posted : Sunday, February 26, 2017 5:12:00 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
[quote=Pesa Nane]

Pay day is coming soon. Pray

#BuyOnTheCheap
#@kumikumi

Trouble in paradise http://www.businessdaily...8354-8551vhz/index.html[/quote]

@Obiero pray for those trapped inside.Sub 10bob in the offing.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
  | | Edit by user: Sunday, February 26, 2017 5:14 PM | Reason: Not specified
obiero
#1710 Posted : Sunday, February 26, 2017 6:13:53 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Spikes wrote:
obiero wrote:
[quote=Pesa Nane]

Pay day is coming soon. Pray

#BuyOnTheCheap
#@kumikumi

Trouble in paradise http://www.businessdaily...8354-8551vhz/index.html[/quote]

@Obiero pray for those trapped inside.Sub 10bob in the offing.

I'm inside too, but with a negligible exposure

KQ ABP 4.26
Back to top
WWW
  |
251 Pages«<169170171172173>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.