@young karibu tena. funny how africans behave. i buy at 14 and sell at 25, they mock me!

@obiero even if you dont play odd lots nd dont think its justified to trade at its current levels the market takes its course however irrational.much respect to your greens so far.wish yu well on Kq.

@kalameni.. Thanks boss. The market is indeed suprising and appears to respect no one. But in stocks, you have to know your personal investment objectives and target entry-exit prices as well as time horizons. We all know there are people who held onto KQ as it tanked from the 100's!!! Indeed I dint make as much profit as I wld have wanted on HF but I also did not make a loss, on contrary I made a whole lot of profit than the late comers who are trading on euphoria and mocking my decent gains :)
I mine diamonds in the rough and right now im on KQ. THE END :)

@young i target a gain of 20% on any stock that I target to enter. HF was trading on a high PE in Q1 2012 implying the market expected above average growth in profits mainly as a result of its rights issue as well as subsequent bonds. Indeed, this happened and overshot my own calculations. With that sort of gain, sellin was only sensible and the resultant stagnation in price from May - Dec '13 seemed to confirm my move as being solid. However, information on the 2013 full year result as well as a possible corporate action seems to have sneaked out hence current rally.. I sold to buy KQ and have no regret, having got in at 9.80 and now trading at 13.50. Btw, to any offended 'hellos', my first nse purchase was 100 hfck shares in 2006 :)

Housing Finance has begun the search for new directors to meet governance rules that may reduce the influence of Equity Bank in operations of the mortgage firm.

Central Bank of Kenya (CBK) has given lenders until June to ensure that at least a third of board seats are held by independent directors.

The banking regulator defines an independent director as a board member who is not a direct or indirect representative of the principal shareholders, has not worked in the bank as an executive for the past five years and has not had any business relationships with the institution in the same period.

Housing Finance is still cheap. I said that i will alight at 40 and some poeple thought i was crazy. 40 is not so far now...

you couldn't resist couldn't you?

too tempting. the tide has done its thing na sasa kuna watu wameachwa uchi.. fair value is twenty seven for hfck

fair value is 45.00 for this year, because our eps will be 4.00+. giving a pe of 11-13 and p/b 2.

i suppose we expect their results by 20th Feb

I need to decide if to sell by them or hold on

i thought we would he heading to sh 40 but seems we are going back to 30s