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Home Afrika Listing at NSE!
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:S.Mutaga III wrote:Only Wanjiku could have bought Home Afrika at any price above 2 bob. There was absolutely no reason to buy this counter, extremely high valuation, almost zero dividend yield, unpredictable performance, management with competing interests are just but a few. Those who bought, mtajilaumu wenyewe. This begs the question, What exactly do you look for when buying a stock? Personally, I look for:
- Single digit P/E
- Healthy earnings growth in last 1.5- 3 years (above 15% is okay)
- High dividend yield above 6%
- For counters that do not offer good dividend yields, I require more earnings growth from them (above 25%) in last 1.5-3 years.
Just my two cents. My method may be very shallow, but it works well although not perfect.
Above all else.. I look at the management as my very first step And you bought KQ? What attracted you to the management? chief.. how dare you compare the two firms?? KQ is a pan African carrier with revenues in excess of 100B.. The management is top tier with allumni of schools such as UoN, Soborne, Harvard, Alliance, Starehe.. Please dont compare the two Who cares what business school you went to if you can't use what you learnt there? Who cares how much revenue you make if you can't make a simple one shilling profit?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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KQ vs Home Africa @obiero vs @guru267 losses vs more catastrophic losses. The amount of money @guru267 has lost in Home African is extremely shocking! The amount she's still to lose... And the worst part is that she got herself into this against the advice of everyone. And continued 'averaging down' while it was apparent this was going to be one loooong nightmare. @obiero will never miss a chance to rub this fact in. @guru will never miss a chance to strike back! And it becomes one vicious cycle! Guys, give it a break. It's not funny to lose money. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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MaichBlack wrote:KQ vs Home Africa
@obiero vs @guru267
losses vs more catastrophic losses.
The amount of money @guru267 has lost in Home African is extremely shocking! The amount she's still to lose...
And the worst part is that she got herself into this against the advice of everyone. And continued 'averaging down' while it was apparent this was going to be one loooong nightmare.
@obiero will never miss a chance to rub this fact in. @guru will never miss a chance to strike back! And it becomes one vicious cycle! Guys, give it a break. It's not funny to lose money. @maich its very funny to loose money when u invest in a bandia firm and u refer to uaself as a guru :) @the loosing woman.. even KCB made a loss in 2004. KQ is one of the most consistently profitable airlines in the world.. business has its cycles
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:S.Mutaga III wrote:Only Wanjiku could have bought Home Afrika at any price above 2 bob. There was absolutely no reason to buy this counter, extremely high valuation, almost zero dividend yield, unpredictable performance, management with competing interests are just but a few. Those who bought, mtajilaumu wenyewe. This begs the question, What exactly do you look for when buying a stock? Personally, I look for:
- Single digit P/E
- Healthy earnings growth in last 1.5- 3 years (above 15% is okay)
- High dividend yield above 6%
- For counters that do not offer good dividend yields, I require more earnings growth from them (above 25%) in last 1.5-3 years.
Just my two cents. My method may be very shallow, but it works well although not perfect.
Above all else.. I look at the management as my very first step And you bought KQ? What attracted you to the management? chief.. how dare you compare the two firms?? KQ is a pan African carrier with revenues in excess of 100B.. The management is top tier with allumni of schools such as UoN, Soborne, Harvard, Alliance, Starehe.. Please dont compare the two @Obiero. I feel for you. I want KQ to succeed but 2014 is going to be tough. I may consider investing in KQ in FY 2015-16 after a clearer picture emerges re: loans/interest. As for HAFR, not unless it drops to 2/- and even then I may not invest in it! On KQ's management's degrees, it doesn't matter. They screwed up. Huge. They [Titus Naikuni and Alex Mbugua] were advised to go slow on expansion but they decided to expand their fiefdom without looking at ROE. TN has ZERO shares in KQ yet earns 4-5mn/month. AM has less that 20,000 shares yet earns 3-4mn/month. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MaichBlack wrote:KQ vs Home Africa
@obiero vs @guru267
losses vs more catastrophic losses.
The amount of money @guru267 has lost in Home African is extremely shocking! The amount she's still to lose...
And the worst part is that she got herself into this against the advice of everyone. And continued 'averaging down' while it was apparent this was going to be one loooong nightmare.
@obiero will never miss a chance to rub this fact in. @guru will never miss a chance to strike back! And it becomes one vicious cycle! Guys, give it a break. It's not funny to lose money. The spat between @guru @obiero reminds me of "the biggest loser" program. Everybody is overweight at the start and overweight at the end including the winner. In this case both firms are mediocre at best but the bragging rights will go to the investor whose share price turns out less mediocre than the other. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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Over 37 years of operation with solid increase in all KPI's such as uplift, destination coverage, fleet size, turnover.. KQ is doing well! And if you dont trust me @obiero a.k.a the real guru.. :) Read these facts
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/26/2012 Posts: 830
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@Obiero and Guru...lets just say these two wazuans killed money bigtime. In fact, I think @guru should go to prison for currency genocide while Obiero should be given a last warning. Imagine newbies who followed their moves blindly. May their currency R.I.P A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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S.Mutaga III wrote:@Obiero and Guru...lets just say these two wazuans killed money bigtime. In fact, I think @guru should go to prison for currency genocide while Obiero should be given a last warning. Imagine newbies who followed their moves blindly. May their currency R.I.P Haha. Mutaga bwana dont defame the most successful wazuan in the last three years. When stocksmaster asked for caution prior to election I took the front seat and challenged his position, we all know my recommendations on KCB, I&M, HFCK & Centum have made people money. Members here and also on winda.co.ke will tell you that I am on a roll. My average buying price on KQ is now at KES 10.95
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
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obiero wrote:S.Mutaga III wrote:@Obiero and Guru...lets just say these two wazuans killed money bigtime. In fact, I think @guru should go to prison for currency genocide while Obiero should be given a last warning. Imagine newbies who followed their moves blindly. May their currency R.I.P Haha. Mutaga bwana dont defame the most successful wazuan in the last three years. When stocksmaster asked for caution prior to election I took the front seat and challenged his position, we all know my recommendations on KCB, I&M, HFCK & Centum have made people money. Members here and also on winda.co.ke will tell you that I am on a roll. My average buying price on KQ is now at KES 10.95 obiero I sense a cash call once the business returns to profitability. Will you be able to defend your massive stake?  Seeing is believing
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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jawgey wrote:obiero wrote:S.Mutaga III wrote:@Obiero and Guru...lets just say these two wazuans killed money bigtime. In fact, I think @guru should go to prison for currency genocide while Obiero should be given a last warning. Imagine newbies who followed their moves blindly. May their currency R.I.P Haha. Mutaga bwana dont defame the most successful wazuan in the last three years. When stocksmaster asked for caution prior to election I took the front seat and challenged his position, we all know my recommendations on KCB, I&M, HFCK & Centum have made people money. Members here and also on winda.co.ke will tell you that I am on a roll. My average buying price on KQ is now at KES 10.95 obiero I sense a cash call once the business returns to profitability. Will you be able to defend your massive stake? @jawgey.. This mawingu dream is valid.. I am loading up even now. On KQ, any price below KES 19 is a bargain. As for Home Afrika even at thumuni sieze nunua, labda nipewe bure! :p
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:jawgey wrote:obiero wrote:S.Mutaga III wrote:@Obiero and Guru...lets just say these two wazuans killed money bigtime. In fact, I think @guru should go to prison for currency genocide while Obiero should be given a last warning. Imagine newbies who followed their moves blindly. May their currency R.I.P Haha. Mutaga bwana dont defame the most successful wazuan in the last three years. When stocksmaster asked for caution prior to election I took the front seat and challenged his position, we all know my recommendations on KCB, I&M, HFCK & Centum have made people money. Members here and also on winda.co.ke will tell you that I am on a roll. My average buying price on KQ is now at KES 10.95 obiero I sense a cash call once the business returns to profitability. Will you be able to defend your massive stake? @jawgey.. This mawingu dream is valid.. I am loading up even now. On KQ, any price below KES 19 is a bargain. As for Home Afrika even at thumuni sieze nunua, labda nipewe bure! :p  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 6/30/2014 Posts: 86 Location: nairobi
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I am far from being an expert in trading stocks, but kila mtu has a right to make their own decisions anf opinions * runs back to my armchair*
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Rank: Elder Joined: 6/23/2009 Posts: 13,519 Location: nairobi
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lochaes wrote:I am far from being an expert in trading stocks, but kila mtu has a right to make their own decisions anf opinions * runs back to my armchair* @lochaes my sister. it is not allowable to buy a stock that all wazua experts have cast a doubt on
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Roll Call Is there any Wazuan who would buy HAFR at 5/-? Please append your name below... I am curious as to why one would buy HAFR at 5/- ... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/4/2013 Posts: 255
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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thats a good move. Hass consult have very innovative ideas in real estate investing, something that home afrika needs badly. As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Member Joined: 1/4/2013 Posts: 255
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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this homeafrika stinks of a pyramid scheme. why are the original anchor shareholders selling all their shares? as for hass consult. 17.6m. is little money even for them. it could be bait. it's tempting. but what do top shareholders know that we don't that would make them divest. it may be a viable business but we can't trust management and owners The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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a4architect.com wrote:thats a good move. Hass consult have very innovative ideas in real estate investing, something that home afrika needs badly. But with only 1.1% ownership, how much say do they have??? Unless the fellows running the company ASK for help/advice then Hass Consult can't push through their agenda! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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And original shareholders have been dumping the stock. Most of them are no longer in the top 10 list! Hass Consult has bought shares worth 17m, anchor shareholders have dumped stock worth 400m!!! Do the math. Disclaimer: I will buy Home Africa shares one day - At sub 2/=. I'll not wait for 1/=. 1.x is okay with me. If it never gets there, no problem. There are very many other ways I can profitably deploy my money!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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