Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Nabwire wrote:Najaribu kusoma annual report but wapi?? Whats with the really small print. So are you a shareholder or a part owner? What are your numbers? Net profit/loss, EPS, PE, ROI, sioni at all?? A part owner = share-holder. (i'm a long-term investor and not a speculator). In summary, the group is coming out of losses and will spring back to profitability with the clipping of the SA biznas. To me, as all my holdings in Zim, Afsun is a recovery/turn-around play i.e from losses to profits so as to "guarantee" me a return. The hotels portfolio has resort and city hotels and my primary reason for buying into Afsun is for the city hotels as I expect a boom in business-travel into Sub-Saharan Africa (SSA) and Afsun is the best company I have access to right now as it holds licenses to manage/operate Crowne Plaza, Best Western and Holiday Inn brands i.e renowned Intercontinental hotels brands which will attract high-value clients. The group's focus is to diversify away from Zim which currently contributes the bulk of revenue by focusing expansion into West Africa (Ghana & Nigeria) and in Botswana. @Nabwire..chew on this investment case for now. I need to sleep now!!
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