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HF Group 1Q17
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Pesa Nane
#31 Posted : Friday, June 02, 2017 10:09:36 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
maka wrote:
wukan wrote:
Yaani no mercy for the suffering shareholderPray Pray you pay to get screwedLaughing out loudly Laughing out loudly Laughing out loudly lipa kama tender

Quote:
HF Group posted the biggest growth in payroll costs for senior managers, hitting Sh282 million last year from Sh185 million.
Frank Ireri, the group CEO, attributed this to salary increases, bonuses and an expanded base of senior executives, with the creation of a new mortgage finance company and other divisions after the firm transformed into a non-operating holding company.
“The increase is due to salary increase and bonus payment in year 2016 for group and subsidiaries senior management team,” Mr Ireri said in an interview.




I thought shareholders can veto such things during AGMs...and it's high term remuneration is pegged on stock performance.

Someone remind these overpaid self serving citizens our meagre dividends are overdue.
Sad Sad

Pesa Nane plans to be shilingi when he grows up.
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maka
#32 Posted : Sunday, June 04, 2017 6:39:19 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pesa Nane wrote:
maka wrote:
wukan wrote:
Yaani no mercy for the suffering shareholderPray Pray you pay to get screwedLaughing out loudly Laughing out loudly Laughing out loudly lipa kama tender

Quote:
HF Group posted the biggest growth in payroll costs for senior managers, hitting Sh282 million last year from Sh185 million.
Frank Ireri, the group CEO, attributed this to salary increases, bonuses and an expanded base of senior executives, with the creation of a new mortgage finance company and other divisions after the firm transformed into a non-operating holding company.
“The increase is due to salary increase and bonus payment in year 2016 for group and subsidiaries senior management team,” Mr Ireri said in an interview.




I thought shareholders can veto such things during AGMs...and it's high time remuneration is pegged on stock performance.

Someone remind these overpaid self serving citizens our meagre dividends are overdue.
Sad Sad


possunt quia posse videntur
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maka
#33 Posted : Monday, June 05, 2017 9:21:01 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
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Sir Jones
#34 Posted : Monday, June 05, 2017 12:46:15 PM
Rank: Member

Joined: 3/10/2009
Posts: 36
Pesa Nane wrote:
maka wrote:
wukan wrote:
Yaani no mercy for the suffering shareholderPray Pray you pay to get screwedLaughing out loudly Laughing out loudly Laughing out loudly lipa kama tender

Quote:
HF Group posted the biggest growth in payroll costs for senior managers, hitting Sh282 million last year from Sh185 million.
Frank Ireri, the group CEO, attributed this to salary increases, bonuses and an expanded base of senior executives, with the creation of a new mortgage finance company and other divisions after the firm transformed into a non-operating holding company.
“The increase is due to salary increase and bonus payment in year 2016 for group and subsidiaries senior management team,” Mr Ireri said in an interview.




I thought shareholders can veto such things during AGMs...and it's high term remuneration is pegged on stock performance.

Someone remind these overpaid self serving citizens our meagre dividends are overdue.
Sad Sad



@Pesa Nane; I hereby confirm receipt of the Meagre Dividends in my BBK account this morning. Hope the rest will receive it in the course of the day or tomorrow.
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heri
#35 Posted : Thursday, June 15, 2017 10:39:57 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
i bought at 14 bob. How low can this share go?
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muandiwambeu
#36 Posted : Thursday, June 15, 2017 10:53:39 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
heri wrote:
i bought at 14 bob. How low can this share go?

Low enough @heriji. We overrated the significance of 1st quarter in accessing caps rate impact, least did we know that carried npls would reduce as a result of lower cost of loans i.e. reduced interest to counter the slide. Now that caps are here to stay, I need to access q2 & q3. Hypothetically, a flat or reduced q2 with respect to q1 is a true measure of disaster in banking sector. as such may happen and until they reinvent the banking wheeel, I will stick to my guns. Hii pesa ni yangu bwana na sio ndeni. Nah
,Behold, a sower went forth to sow;....
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obiero
#37 Posted : Thursday, June 15, 2017 2:42:18 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
heri wrote:
i bought at 14 bob. How low can this share go?

@heri.. the share could not possibly trade at lower levels than current offer.. However, it is spiced with too much scandal rumors and it may thus take time to rise..

KQ ABP 4.26
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heri
#38 Posted : Monday, August 14, 2017 11:05:34 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
Did HF release HY results?
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obiero
#39 Posted : Monday, August 14, 2017 11:10:59 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,220
Location: nairobi
heri wrote:
Did HF release HY results?

Excellent results on the way

KQ ABP 4.26
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heri
#40 Posted : Monday, August 14, 2017 11:39:44 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
obiero wrote:
heri wrote:
Did HF release HY results?

Excellent results on the way


Sure? what has changed? they used to be among the first to release results

with this delay i can only guess its a disaster
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