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Housing Finance: HFCK a diamond in the rough
Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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Ericsson wrote:Angelica _ann wrote:Ericsson wrote:Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...590242-9no91v/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/16/2019 Posts: 313
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Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead.
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/16/2019 Posts: 313
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Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry  , I mean't Britam
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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obiero wrote:kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 Utaungua baba Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,477 Location: nairobi
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Ericsson wrote:obiero wrote:kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 Utaungua baba I doubt it.. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 3/2/2009 Posts: 26,335 Location: Masada
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obiero wrote:kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 Which year is 14 bob realizable? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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Impunity wrote:obiero wrote:kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 Which year is 14 bob realizable? Same year as KQ open offer to minority shareholders Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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Ericsson wrote:Impunity wrote:obiero wrote:kmucheke wrote:Ericsson wrote:kmucheke wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:[quote=Ericsson]Housing Finance seeks ksh.1 billion bailout from new investors Capital injection or bailout? Bailout via a capital injection https://www.businessdail...90242-9no91v/index.html[/quote] Quote:HF, whose top shareholder is insurer Britam Holdings with a 48.22 percent stake, says in its latest annual report that it is negotiating with investors for additional tier two capital.
The potential investors have been conducting due diligence on the lender. Quote:“The group is expecting a Sh1 billion tier two capital injection in 2020 which will take the ratio back to compliance,” the company says in the report.
I would love to see what the due diligence will reveal about the lender. HF should reduce shareholding or offload completely, there seems to be a lot of uncertainty ahead. HF or Britam should reduce shareholding Sorry , I mean't Britam On my buy list.. Target exit price KES 14 Which year is 14 bob realizable? Same year as KQ open offer to minority shareholders At least this one has tangible assets and stock, better than KQ by far. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Housing Finance: HFCK a diamond in the rough
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