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101 Pages«<99100101
Housing Finance: HFCK a diamond in the rough
Ericsson
#2001 Posted : Wednesday, October 02, 2019 3:26:35 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,450
Location: NAIROBI
RIEK01 wrote:
I was making a payment to HF from my bank and tied using PESALINK to my surprise,they are not connected.To me, this tells alot about the institution.


Make money and run
Wakanyugi
#2002 Posted : Wednesday, October 02, 2019 4:43:01 PM
Rank: Veteran


Joined: 7/3/2007
Posts: 1,566
Superprime1 wrote:
VituVingiSana wrote:
HF has trades of 100,000+ shares at 7.30

Something seems to have changed at HF: if it's the numbers, Q3 will give a clue and FY 2019 will provide full judgement. Anything else, time will tell; afterall, the watchdogs (CMA etc.) don't work for retail investors! d'oh! smile


The only change I can see is the rumor that the bank is being prepared for acquisition.

Offloading housing stock at fire-sale prices, to clean up its loan book I suspect, is a loss making proposition. In ordinary times this would have been enough to see the share punished by the market. We walk in strange times.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
Wakanyugi
#2003 Posted : Wednesday, October 02, 2019 4:46:45 PM
Rank: Veteran


Joined: 7/3/2007
Posts: 1,566
obiero wrote:
Wakanyugi wrote:
obiero wrote:
snifadog wrote:
this board is falling for shillmaster Obiero's pump and dump games. this counter will retrace back to the gutter. No sensible trader can touch this thing with such sahara-esque volumes

Are you saying @Fyatu is not sensible? What is this tirade about. How can I pump and dump what I do not own


This was a 'vapour' rally, fueled by nothing but Wazoo type moshene. Otherwsie nothing has changed in the company, or market, fundamentals to justify the rise in share price (where is Mugundaman to yell Casino when you need him?)

Let me see if I can start another mini stampede.

Does anyone have info that Safaricom is finally about to acquire that long rumored Bank licence? Otherwise how to explain the 'you can leave your money in Mpesa' advertising campaign they are doing to beef up their float?

Come to think of it, it is not such a stretch. Subscriptions have plateaued, voice income is threatened and the competition is getting more daring. Ergo, they need a new gig. And they have the capital to secure a bank licence through acquisition.

If Meba can run health clinics...why not the green monster bank?

Bitterness


Casino!

BTW could you pump Kenya Power for me? I want to offload. Laughing out loudly
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
Extraterrestrial
#2004 Posted : Thursday, October 03, 2019 11:51:16 AM
Rank: New-farer


Joined: 11/17/2018
Posts: 60
Location: Mars
Volumes indicate a buying climax. If the rally is purely speculative, this may not end well for buyers at current levels. If indeed there is something concrete like a buyout, then share is still highly disconnected from its potential buyout price. It is unbelievable that the book value of this share is c. 26+ (10,371,446,000÷384,614,168)
Ericsson
#2005 Posted : Thursday, October 03, 2019 11:53:21 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,450
Location: NAIROBI
Extraterrestrial wrote:
Volumes indicate a selling climax. If the rally is purely speculative, this may not end well for buyers at current levels. If indeed there is something concrete like a buyout, then share is still highly disconnected from its potential buyout price. It is unbelievable that the book value of this share is c. 26+ (10,371,446,000÷384,614,168)


1.05mn shares traded at a solid price of 7
littledove
#2006 Posted : Thursday, October 03, 2019 11:57:50 AM
Rank: Member


Joined: 7/1/2014
Posts: 726
Location: sky
Ericsson wrote:
Extraterrestrial wrote:
Volumes indicate a selling climax. If the rally is purely speculative, this may not end well for buyers at current levels. If indeed there is something concrete like a buyout, then share is still highly disconnected from its potential buyout price. It is unbelievable that the book value of this share is c. 26+ (10,371,446,000÷384,614,168)


1.05mn shares traded at a solid price of 7


they created 500m new shares, may be its a strategic investor at a high price and the rally is share correction towards that price known by some insiders
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Extraterrestrial
#2007 Posted : Thursday, October 03, 2019 12:00:37 PM
Rank: New-farer


Joined: 11/17/2018
Posts: 60
Location: Mars
Maybe this article started the party for speculators. Fund manager buys then pumps?

HF reduces bad loans by Sh2bn in 6 months

https://www.google.com/a...asAMP-42nj20z/index.html
Superprime1
#2008 Posted : Thursday, October 03, 2019 12:17:07 PM
Rank: Member


Joined: 5/2/2018
Posts: 228
[quote=Extraterrestrial]Maybe this article started the party for speculators. Fund manager buys then pumps?

HF reduces bad loans by Sh2bn in 6 months

https://www.google.com/a...sAMP-42nj20z/index.html[/quote]

It's highly likely that this was (demand has fizzled out) a pump and dump; and now begins the journey to the bottom.
obiero
#2009 Posted : Thursday, October 03, 2019 12:32:58 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,291
Location: nairobi
Extraterrestrial wrote:
Volumes indicate a buying climax. If the rally is purely speculative, this may not end well for buyers at current levels. If indeed there is something concrete like a buyout, then share is still highly disconnected from its potential buyout price. It is unbelievable that the book value of this share is c. 26+ (10,371,446,000÷384,614,168)

What is unbelievable about KES 26.. This thing once lived at KES 40 levels
COOP 5,500; KCB 7,500; KNRE 100,000; KQ 221,100
obiero
#2010 Posted : Thursday, October 03, 2019 12:34:34 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,291
Location: nairobi
Superprime1 wrote:
[quote=Extraterrestrial]Maybe this article started the party for speculators. Fund manager buys then pumps?

HF reduces bad loans by Sh2bn in 6 months

https://www.google.com/a...sAMP-42nj20z/index.html[/quote]

It's highly likely that this was (demand has fizzled out) a pump and dump; and now begins the journey to the bottom.

Utajua hujui! In the event that HF posts a profit, minimum KES 18 will be sighted
COOP 5,500; KCB 7,500; KNRE 100,000; KQ 221,100
Extraterrestrial
#2011 Posted : Thursday, October 03, 2019 1:01:54 PM
Rank: New-farer


Joined: 11/17/2018
Posts: 60
Location: Mars
obiero wrote:
Superprime1 wrote:
[quote=Extraterrestrial]Maybe this article started the party for speculators. Fund manager buys then pumps?

HF reduces bad loans by Sh2bn in 6 months

https://www.google.com/a...sAMP-42nj20z/index.html[/quote]

It's highly likely that this was (demand has fizzled out) a pump and dump; and now begins the journey to the bottom.

Utajua hujui! In the event that HF posts a profit, minimum KES 18 will be sighted


The profitable value banking counters seem to be finding support close to 50% of book value (eg. DTB, NIC). @littledove above says that 500m new shares to be created; BV plunges to c. 11.7.
Extraterrestrial
#2012 Posted : Monday, October 07, 2019 8:53:00 AM
Rank: New-farer


Joined: 11/17/2018
Posts: 60
Location: Mars
"The total number of houses in the area has grown to more than 350 with only 100 parking lots. You should see how people double park here at night

Everyone keeps on getting late for work since you have to wake up about two resident’s to move their cars so you can leave. In addition, the management has squandered service charge and the place is falling apart."

https://www.cnyakundi.co...inance-company-of-kenya/
obiero
#2013 Posted : Tuesday, October 08, 2019 10:31:23 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,291
Location: nairobi
KES 7.70 prints.. Top performer at the NSE YTD
COOP 5,500; KCB 7,500; KNRE 100,000; KQ 221,100
VituVingiSana
#2014 Posted : Tuesday, October 08, 2019 10:54:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,450
Location: Nairobi
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD
True. 100 shares @ 7.70 traded. Good call.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mlennyma
#2015 Posted : Tuesday, October 08, 2019 11:18:23 AM
Rank: Elder


Joined: 7/21/2010
Posts: 5,967
Location: nairobi
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD

You were once our captain here and jumped out at 30bobApplause
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#2016 Posted : Tuesday, October 08, 2019 1:25:17 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,291
Location: nairobi
mlennyma wrote:
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD

You were once our captain here and jumped out at 30bobApplause

Immediately I confirm the return to profit, I will be back as the driver
COOP 5,500; KCB 7,500; KNRE 100,000; KQ 221,100
sparkly
#2017 Posted : Tuesday, October 08, 2019 4:05:36 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,305
Location: Enk are Nyirobi
mlennyma wrote:
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD

You were once our captain here and jumped out at 30bobApplause


He jumped out at 22
Life is short. Live passionately.
snifadog
#2018 Posted : Tuesday, October 08, 2019 4:14:15 PM
Rank: Member


Joined: 6/6/2016
Posts: 128
Location: Nairobi
VituVingiSana wrote:
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD
True. 100 shares @ 7.70 traded. Good call.


Imagine doing TA and other chart hubris based on trades of Kenyan shillings 770! senior Obiero this counter will be the end of you.
obiero
#2019 Posted : Tuesday, October 08, 2019 4:36:28 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,291
Location: nairobi
snifadog wrote:
VituVingiSana wrote:
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD
True. 100 shares @ 7.70 traded. Good call.


Imagine doing TA and other chart hubris based on trades of Kenyan shillings 770! senior Obiero this counter will be the end of you.

The trade today does not represent the action over the last 5 weeks. Watch and learn
COOP 5,500; KCB 7,500; KNRE 100,000; KQ 221,100
VituVingiSana
#2020 Posted : Tuesday, October 08, 2019 7:28:48 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,450
Location: Nairobi
obiero wrote:
snifadog wrote:
VituVingiSana wrote:
obiero wrote:
KES 7.70 prints.. Top performer at the NSE YTD
True. 100 shares @ 7.70 traded. Good call.


Imagine doing TA and other chart hubris based on trades of Kenyan shillings 770! senior Obiero this counter will be the end of you.

The trade today does not represent the action over the last 5 weeks. Watch and learn
VWAP for 18,800 shares was 6.98
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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