mwekez@ji wrote:@msimon #?
mwekez unfortunately i cant give an independent opinion.
But i heard someone say the following, dont ask who!
"Concerning UAPHL. I think the offer isnt bad, its just not attractive compared to;
1. Jubilee
2. Considering other investments.
Ideally, the holder of this stock is looking at a holding period inexcess of 5 years for a good annual return. However, in the period between, there are about 4-5 ideas that can make you more money with more liquidity.
What Kausha says concerning the duration of the projects is true, as the breakeven is logically 5yrs.
However, there are opportunities for the "big maybes" subsidiaries being setup in the region.
One of ma key concerns is the ambitious expansion theory-the whole"New markets every 18 months" maybe a receip for disaster.
Overall, the company has good leadership in Domnic and Co. and they should be able to get the job done. Targets are high i.e doubling NAV etc. and they will be achived.
But where is my money going at the moment??? Certainly not in the offer based on valuations!"