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littledove		#11 Posted : Wednesday, August 10, 2016 8:59:32 AM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing 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
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obiero		#12 Posted : Wednesday, August 10, 2016 9:16:35 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		littledove wrote: Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing check the liquidity ratio of 21% against minimum CBK requirement of 20%.. There was no way they could pay an interim. But full year dividend may rise based on massive interest income gain from the Komarock houses KQ ABP 4.26
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lochaz-index		#13 Posted : Wednesday, August 10, 2016 9:38:40 AM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		obiero wrote: littledove wrote: Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing check the liquidity ratio of 21% against minimum CBK requirement of 20%.. There was no way they could pay an interim. But full year dividend may rise based on massive interest income gain from the Komarock houses Another capital raising exercise was always on the cards based on their Q1 results. It has caught up with them real fast. The jump in govt securities is to create a liquidity buffer and help meet/beat capital ratios not coz of an increase in yields. The main purpose of the stock market is to make fools of as many people as possible.
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obiero		#14 Posted : Wednesday, August 10, 2016 9:43:16 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		lochaz-index wrote: obiero wrote: littledove wrote: Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing check the liquidity ratio of 21% against minimum CBK requirement of 20%.. There was no way they could pay an interim. But full year dividend may rise based on massive interest income gain from the Komarock houses Another capital raising exercise was always on the cards based on their Q1 results. It has caught up with them real fast. The jump in govt securities is to create a liquidity buffer and help meet/beat capital ratios not coz of an increase in yields. Co-sign KQ ABP 4.26
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VituVingiSana		#15 Posted : Wednesday, August 10, 2016 9:50:20 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		I do not recall any other bank [that's not been flagged as being in trouble] with such a low Liquidity Ratio. No wonder there is no interim dividend. Rights? 2nd Tier Debt? Sales of houses? Stop lending? Enhance debt collection? HF will need to get some more cash in soon. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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obiero		#16 Posted : Wednesday, August 10, 2016 9:58:14 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		VituVingiSana wrote: I do not recall any other bank [that's not been flagged as being in trouble] with such a low Liquidity Ratio. No wonder there is no interim dividend. Rights? 2nd Tier Debt? Sales of houses? Stop lending? Enhance debt collection? HF will need to get some more cash in soon. 25B bills offloaded by banks in a quick fire sale yesterday at CBK. These are interesting times. Luckily in the year 2014 I sold off my bulk holding in HF at 23, KCB at 60 and COOP at 22 KQ ABP 4.26
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littledove		#17 Posted : Wednesday, August 10, 2016 10:02:30 AM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		VituVingiSana wrote: I do not recall any other bank [that's not been flagged as being in trouble] with such a low Liquidity Ratio. No wonder there is no interim dividend. Rights? 2nd Tier Debt? Sales of houses? Stop lending? Enhance debt collection? HF will need to get some more cash in soon. they also have a bond which is due for payment next year 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
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mlennyma		#18 Posted : Wednesday, August 10, 2016 10:03:51 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		How does the new bill treat mortgages? "Don't let the fear of losing be greater than the excitement of winning."
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Othelo		#19 Posted : Wednesday, August 10, 2016 10:07:53 AM
Rank: User Joined: 1/20/2014 Posts: 3,528		obiero wrote: lochaz-index wrote: obiero wrote: littledove wrote: Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing check the liquidity ratio of 21% against minimum CBK requirement of 20%.. There was no way they could pay an interim. But full year dividend may rise based on massive interest income gain from the Komarock houses Another capital raising exercise was always on the cards based on their Q1 results. It has caught up with them real fast. The jump in govt securities is to create a liquidity buffer and help meet/beat capital ratios not coz of an increase in yields. Co-sign I like that, being smoked out Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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obiero		#20 Posted : Wednesday, August 10, 2016 10:19:08 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Othelo wrote: obiero wrote: lochaz-index wrote: obiero wrote: littledove wrote: Housing Finance half year 2016 Net Profits up 27 Per Cent to KES 612.6M from KSh 485.1 million reported in the same period in 2015 Earnings per Share increased by 26% to KSh 3.51 compared to KSh 2.79 reported over a similar period in 2015 no interim divided this year? or they forgot announcing check the liquidity ratio of 21% against minimum CBK requirement of 20%.. There was no way they could pay an interim. But full year dividend may rise based on massive interest income gain from the Komarock houses Another capital raising exercise was always on the cards based on their Q1 results. It has caught up with them real fast. The jump in govt securities is to create a liquidity buffer and help meet/beat capital ratios not coz of an increase in yields. Co-sign I like that, being smoked out The stock is down today by almost 4% despite posting 'improved' profits of over 27%.. Wazua never lies KQ ABP 4.26
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