Wazua
»
Investor
»
Stocks
»
Home Afrika Listing at NSE!
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
Angelica _ann wrote:VituVingiSana wrote:mlennyma wrote:kayhara wrote:Jehofa, whe did this share touch 2.50/-? hehehe si kuna watu wanalilia kwa choo, will it slide further? is it shelter afrique which bought this monkey in bulk a while back? Didn't those folks of Hass Consult buy into Home Afrika? So much for being the so-called experts in real estate in Kenya! They could be making money by doing business with Home Africa being among the major shareholders. Good point. So their interests are not aligned with other shareholders. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 8/16/2009 Posts: 994
|
VituVingiSana wrote:Angelica _ann wrote:VituVingiSana wrote:mlennyma wrote:kayhara wrote:Jehofa, whe did this share touch 2.50/-? hehehe si kuna watu wanalilia kwa choo, will it slide further? is it shelter afrique which bought this monkey in bulk a while back? Didn't those folks of Hass Consult buy into Home Afrika? So much for being the so-called experts in real estate in Kenya! They could be making money by doing business with Home Africa being among the major shareholders. Good point. So their interests are not aligned with other shareholders. There was also Tamarind. Or those are the minority interests who have always been making profits year in year out. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
Gatheuzi wrote:VituVingiSana wrote:Angelica _ann wrote:VituVingiSana wrote:mlennyma wrote:kayhara wrote:Jehofa, whe did this share touch 2.50/-? hehehe si kuna watu wanalilia kwa choo, will it slide further? is it shelter afrique which bought this monkey in bulk a while back? Didn't those folks of Hass Consult buy into Home Afrika? So much for being the so-called experts in real estate in Kenya! They could be making money by doing business with Home Africa being among the major shareholders. Good point. So their interests are not aligned with other shareholders. There was also Tamarind. Or those are the minority interests who have always been making profits year in year out. Just as Merali makes money year in, year out while the 'other' shareholders do not. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
VituVingiSana wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. When I saw the major/early shareholders selling out I knew that was their end game The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. When I saw the major/early shareholders selling out I knew that was their end game Was there last week. Infrastructure work re roads has taken off. Some of the Mitini scapes houses sold already. Life is short. Live passionately.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
sparkly wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. When I saw the major/early shareholders selling out I knew that was their end game Was there last week. Infrastructure work re roads has taken off. Some of the Mitini scapes houses sold already. That's good but also are these sales servicing the loans? Overall, I wish them success but I am skeptical of the success of the firm. Whereas a project may be successful, the firm may not be due to high costs e.g. financing, operations, etc. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: New-farer Joined: 3/3/2010 Posts: 79
|
VituVingiSana wrote:sparkly wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. When I saw the major/early shareholders selling out I knew that was their end game Was there last week. Infrastructure work re roads has taken off. Some of the Mitini scapes houses sold already. That's good but also are these sales servicing the loans? Overall, I wish them success but I am skeptical of the success of the firm. Whereas a project may be successful, the firm may not be due to high costs e.g. financing, operations, etc. True, they'll have bigger problems if they can't reduce their high cost of operations. Also, they must be able to pay 85M in interest this year to investors that bought their bond in a private placement after they failed to raise 900M. I must say 17% interest they offered was lucrative for investors and horrifying to them. The folks who bought this bond were so skeptical that the land in Kiambu guaranteed the bond. smh I don't think I would touch this even at 1.50 until after late 2017 when they can pay-off the bond and remove the lien on the Migaa land, their major asset. Knowledge is contagious...Infect truth!
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
sparkly wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. Home Afrika was listed to provide an avenue to sell this monkey to the ignorant villagers. When I saw the major/early shareholders selling out I knew that was their end game Was there last week. Infrastructure work re roads has taken off. Some of the Mitini scapes houses sold already. Therein lies the problem. With every loss, it's explained that the projects have not been completed. I foresee a situation where everything will have been sold at completion as minority investors continue to time the windfall at completion! Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. The market is now saying 2.30 bob
KQ ABP 4.26
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
itz wrote:obiero wrote:VituVingiSana wrote:obiero wrote:dunkang wrote:The pattern has been like this thus far!  a loss making firm is being hyped by the unschooled investors.. wenye wako hapa ndani uza!!! save the pride and sell!!! Name names  We were called naive and incompetent for calling a monkey a monkey, while others tried to make us believe its really a human being!!! The less I say about this bandia firm, the better. I called Home Afrika out as a bandia firm since listing and my insider information has for the upteenth time turned out right Good call @Obiero
KQ ABP 4.26
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
obiero wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. The market is now saying 2.30 bob This I also heard but the guy was wearing very dark eye shades I could not catch his eye "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
mlennyma wrote:obiero wrote:Aguytrying wrote:I remember the chairman arrogantly telling investors that we dont know how to value home afrika. the market dont lie. The market is now saying 2.30 bob This I also heard but the guy was wearing very dark eye shades I could not catch his eye Haha
KQ ABP 4.26
|
|
|
Rank: Member Joined: 7/9/2006 Posts: 79
|
sparkly wrote:Fomoney wrote:@amathenge, you still a buyer? Can't wait for short selling to start coz this would have been money in the bank for some Wazuans.It's going to be a while before this fellas find their way, if they do. The projects are still young. Money (Cash flow) is coming in but not recognised as sales. More customers tend to buy as projects approach maturity, at which time HAL will increase prices. The downside is not so high now, people can buy. Still holding to my analysis, just wondering if @sparkly is an investor in this sorry firm.
|
|
|
Wazua
»
Investor
»
Stocks
»
Home Afrika Listing at NSE!
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|