FAHR - STANLIB Fahari Income REIT
The STANLIB Fahari I-REIT is Kenya's first Real Estate Investment Trust (REIT). The fund aims to provide investors with a steady stream of income and capital growth by investing at least 75% of its total asset value in real estate in strategic locations within Kenya with a maximum of 25% invested in cash and cash-like instruments. STANLIB Kenya Limited officially launched in October 2013, after rebranding from Stanbic Investment Management Services. The company manages assets worth over KSH 121 billion (as at 31 December 2014). STANLIB Kenya is owned by Liberty Holdings who is the principal shareholder of Liberty Kenya Holdings Limited whose other local subsidiaries are Heritage Insurance and Liberty Life Assurance Limited.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | 0.83 |
| Day's Low Price: | 7.60 | Price/Earning Ratio: | 9.18 |
| Day's High Price: | 7.64 | Dividend Per Share: | -- |
| Traded Volume: | 5,400 | Dividend Yield: | -- |
| Number of Deals: | 5 | Shares Outstanding: | 180.97m |
| Value/Turnover: | 41,216.00 | Market Capitalization: | 1.38b |
FAHR Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +8.86% | -10.35% | -15.14% | -16.08% | -22.24% | -30.41% |
The stock of STANLIB Fahari Income REIT (FAHR) is currently trading at 7.62 KES per share on the Nairobi Securities Exchange. FAHR began the year with a share price of 10.95 KES but has since lost 30.41% off that price valuation, ranking it 59th on the NSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that FAHR has lost 10.35% of the stock's value from August 23 to date. The table below details the last 10 trading days of activity of STANLIB Fahari Income REIT on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2019-09-20 | 5,400 | 7.62 | -- | -- |
| 2019-09-19 | 3,600 | 7.62 | +0.12 | 1.60% |
| 2019-09-18 | 5,600 | 7.50 | +0.50 | 7.14% |
| 2019-09-17 | 180,600 | 7.00 | -0.04 | 0.57% |
| 2019-09-16 | 151,900 | 7.04 | +0.04 | 0.57% |
| 2019-09-13 | 27,300 | 7.00 | -0.58 | 7.65% |
| 2019-09-12 | 11,200 | 7.58 | +0.12 | 1.61% |
| 2019-09-11 | 48,800 | 7.46 | -0.22 | 2.86% |
| 2019-09-10 | 10,700 | 7.68 | +0.02 | 0.26% |
| 2019-09-09 | 10,000 | 7.66 | -- | -- |
Profile of STANLIB Fahari Income REIT
STANLIB Fahari Income REIT operates in the Financials sector. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| Factsheet of STANLIB Fahari Income REIT | |
|---|---|
| Sector: Financials | Industry: -- |
| Address: Liberty House 1st Floor, Nyerere Road, PO Box 30550-00100, Nairobi, Kenya | |
| Telephone: +254-0-711-076-111 | |
| Email: customercare.kenya@stanlib.com | Website: www.stanlib.com |
FAHR Industrial Market Competitors
STANLIB Fahari Income REIT, issuers of the FAHR stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| GLD | Barclays NewGold ETF | 576.00m | 1,440.00 | +23.6% |
| EQTY | Equity Group Holdings Limited | 140.34b | 37.90 | +8.75% |
| KCB | KCB Bank Kenya Limited | 122.95b | 40.10 | +7.08% |
| ICDC | Centum Investment Company Limited | 20.63b | 31.00 | +5.98% |
| CFC | CfC Stanbic Holdings Limited | 37.95b | 96.00 | +5.79% |
| NIC | NIC Bank Limited | 20.13b | 28.60 | +2.88% |
| HFCK | Housing Finance Company Limited | 1.97b | 5.60 | +1.08% |
| KURV | Kurwitu Ventures Limited | 153.41m | 1,500.00 | +0.00% |
| BBK | Barclays Bank Limited | 59.20b | 10.90 | -0.46% |
| SCBK | Standard Chartered Bank Limited | 66.30b | 193.00 | -0.77% |
