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Housing Finance: HFCK a diamond in the rough
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Spikes wrote:@Obiero pray for those trapped inside.Sub 10bob in the offing. I'm inside too, but with a negligible exposure If you have buddy lawyers ask them about HF business practices...This wont be the last time....they are being hit by judgements left,right and centre...Rem Captain Wafubwa's matter...more to come. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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maka wrote:obiero wrote:Spikes wrote:@Obiero pray for those trapped inside.Sub 10bob in the offing. I'm inside too, but with a negligible exposure If you have buddy lawyers ask them about HF business practices...This wont be the last time....they are being hit by judgements left,right and centre...Rem Captain Wafubwa's matter...more to come. Main problem on the court matters is that the primary commodity by extension that is sold by HF is land. And we all know what land matters in Kenya entail COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI
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Housing Finance notifies watchdog of IFC 5pc acquisition http://www.businessdaily...50370-11a68jz/index.htmlWealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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Another bailout. First britam, now HF. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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lochaz-index wrote:Another bailout. First britam, now HF. Bailout term has been used loosely there, very loosely COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:lochaz-index wrote:Another bailout. First britam, now HF. Bailout term has been used loosely there, very loosely @ Obiero please explain what you mean by very loose use of the term bailout? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 8/14/2009 Posts: 244
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Im my understanding, HF is solid but Britam, the major shareholder has a problem. That is how bailout comes in. Sell treasured asset to survive as an entity.
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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stock.enigma wrote:Im my understanding, HF is solid but Britam, the major shareholder has a problem. That is how bailout comes in. Sell treasured asset to survive as an entity. Exactly.. IFC are coming in via proxy COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:stock.enigma wrote:Im my understanding, HF is solid but Britam, the major shareholder has a problem. That is how bailout comes in. Sell treasured asset to survive as an entity. Exactly.. IFC are coming in via proxy Oooh! I now get the point what you meant by loose sense. The so called IFC entry into HFCK does not affect the mortgage provider. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
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Spikes wrote:obiero wrote:stock.enigma wrote:Im my understanding, HF is solid but Britam, the major shareholder has a problem. That is how bailout comes in. Sell treasured asset to survive as an entity. Exactly.. IFC are coming in via proxy Oooh! I now get the point what you meant by loose sense. The so called IFC entry into HFCK does not affect the mortgage provider. IFC buying at KES 15.85.. Share is way too cheap at current price. Writing on the wall, buy now COOP, IMH, KEGN, KQ, MTNU
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