Wazua
»
Investor
»
Stocks
»
Housing Finance: HFCK a diamond in the rough
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
@guru, HF is a highly discounted counter with alot of upward potential. Watch H2 2012 and 2013. The only way i can predict for HF is up coz the rough patch is done.
... and not forgetting, we are the only bank so far enjoying sweet interim dividend
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
mwekez@ji wrote:and not forgetting, we are the only bank so far enjoying sweet interim dividend I do not mind waiting for my fat cheque from KCB at the end of the year... Mathematically KCB has an identical dividend yield to HFCK so why invest in the latter?? Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
guru267 wrote:mwekez@ji wrote:and not forgetting, we are the only bank so far enjoying sweet interim dividend I do not mind waiting for my fat cheque from KCB at the end of the year... Mathematically KCB has an identical dividend yield to HFCK so why invest in the latter?? @guru, 'time value of money'. my interim will have earned me more money by the time you recieve your cheque next year.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
|
dividend delays are never funny. hfck are letting us down
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
|
obiero wrote:dividend delays are never funny. hfck are letting us down I said so in this forum and i was almost crucified. They normally dont behave like a financial institution. De member is on tops on this  Thieves
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
If you are indeed a bank,you should know how harmful delaying cash is. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
This share is UNDERVALUED. I cant believe how much it is undervalued. Mr market is selling at a low price. I estimate a conservative eps of 4.00 for FY 2013. conservative PE of 10. target: 40.00 of Q2 2014. That's a 154% capital gain. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
Profit taking in the NSE has began Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
Ericsson wrote:Profit taking in the NSE has began I noticed this last week, but don't be too loud. If some people hear you here, you will be crucified. Give it 3 more months it will be surprising looking back. shares i believe its ok to buy even now. HFCK, KPLC.. didn't rally with the rest and undervalued. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
King G wrote:obiero wrote:dividend delays are never funny. hfck are letting us down I said so in this forum and i was almost crucified. They normally dont behave like a financial institution. De member is on tops on this Propagandist! Payment date for the final dividend was on Friday and cheques were drawn and posted. EFTs have also been sent. Confirmed with the registrar. Now we await the interim dividend books to close soon!
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Aguytrying wrote:Ericsson wrote:Profit taking in the NSE has began I noticed this last week, but don't be too loud. If some people hear you here, you will be crucified. Give it 3 more months it will be surprising looking back. shares i believe its ok to buy even now. HFCK, KPLC.. didn't rally with the rest and undervalued. We have seen mild profit taking in KCB, Equity, Safaricom, EABL, and a few others that have had a good run this year. In the case of HF, what profit is there to take even if one bottom picked the shares. HF bus has not yet started the run. It will and some will be left crying. Tell them @Aguy!
|
|
|
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
|
mwekez@ji wrote:King G wrote:obiero wrote:dividend delays are never funny. hfck are letting us down I said so in this forum and i was almost crucified. They normally dont behave like a financial institution. De member is on tops on this Propagandist! Payment date for the final dividend was on Friday and cheques were drawn and posted. EFTs have also been sent. Confirmed with the registrar. Now we await the interim dividend books to close soon! What some of us are saying which you have refused to admit is that HFCK is slow comparative to BBK, Equity, KCB, et all its brothers and sisters in the financial sector who paid guys in April (Equity), and the rest in May and June. Accept and move on brother. Thieves
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
King G wrote:mwekez@ji wrote:King G wrote:obiero wrote:dividend delays are never funny. hfck are letting us down I said so in this forum and i was almost crucified. They normally dont behave like a financial institution. De member is on tops on this Propagandist! Payment date for the final dividend was on Friday and cheques were drawn and posted. EFTs have also been sent. Confirmed with the registrar. Now we await the interim dividend books to close soon! What some of us are saying which you have refused to admit is that HFCK is slow comparative to BBK, Equity, KCB, et all its brothers and sisters in the financial sector who paid guys in April (Equity), and the rest in May and June. Accept and move on brother. What am saying is that HF, like all other financial institutions, gives dividend payment dates and honors them to the latter! I remember you saying that HF doesnt honor its dividend payment by 6 months. That was a BIG lie! Accept FACTS and move on mate.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
mwekez@ji wrote:Aguytrying wrote:Ericsson wrote:Profit taking in the NSE has began I noticed this last week, but don't be too loud. If some people hear you here, you will be crucified. Give it 3 more months it will be surprising looking back. shares i believe its ok to buy even now. HFCK, KPLC.. didn't rally with the rest and undervalued. We have seen mild profit taking in KCB, Equity, Safaricom, EABL, and a few others that have had a good run this year. In the case of HF, what profit is there to take even if one bottom picked the shares. HF bus has not yet started the run. It will and some will be left crying. Tell them @Aguy! the benchmark NSE-20 Share Index fell for the third straight session, down by 0.6 percent to 3,832.42 points. "Investors are still taking profit on the recent rallies,but at a slower pace looking at the volume, which was down 64 percent," said Ronald Lugalia, an analyst at Africa Investment Bank. He said the market would stabilise from more solid half-year financial results expected in the coming weeks. Shares in Equity bank, Kenya's largest bank by depositors and one of the most traded stocks, extended their previous day's fall by 3.4 percent to 21.50 shillings. fyi, Equity Bank stock has been receiving very unfavourable rating from many quotas of late.
|
|
|
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
I noticed most markets in the world were down yesterday is the Euro crisis now taking Shape or was that a coincidence? '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
This is how i see it. Interim div of 0.70. Fy div of aprox 0.80 or better! So buying at 15.50 one is effectively buying this share at 15.5-1.5=14.00. '"Discount" The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
HF ... Highly discounted .... Diamond ... Diamond .... Diamond in the rough
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
mwekez@ji wrote:HF ... Highly discounted .... Diamond ... Diamond .... Diamond in the rough Today this diamond is getting it in the chin. Must be speculators offloading after the book closure. VWAP @14.10 with a low of 13.80. It has been discounted @16, 15, now 14 then 13s... Mr Market can be very irrational at times! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
|
What is the reason for the drop headed to sub 14 Thieves
|
|
|
Rank: Elder Joined: 2/10/2007 Posts: 1,587
|
King G wrote:What is the reason for the drop headed to sub 14 The reason is coz it is trading ex-dividends.
|
|
|
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.
|