Mike Ock wrote:sparkly wrote:Spikes wrote:subaru wrote:[quote=Spikes]Next week capitalise on Wanjiko naivety usukume hiyo HAFR stake @2.6 less 10% ...Shafting continues!
you will be surprised wanjiku will be clever and continue holding the share so monday no supply
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The headlines will be hit by a shocker next week that goes like this: CMA makes unprecedented move delists HAFR after the property developer fails to meet minimum regulatory requirements set out at NSE. End of authoritative headline. Consequently, HAFR will obtain an injunction to continue trading as the case will be pending in commercial law courts. Bloodletting will be indiscriminate in this counter as Wanjiko will struggle to pullout with gunshot wounds and deep cuts sustained from venomous fangs of a reptile.
Home Afrika will not delist. Shareholders however have to be patient because real estate projects like migaa golf resort take 10-15 years just to break even.
Founding shareholders transfered the time risk by listing on the NSE.
What are the steps and hurdles in these developments?
Major milestones in such a project are:
1. Land acquisition;
2. Infrastructure development;
3. Sale of serviced plots to investors/homeowners;
4. Management services to the investors/home owners;
5. Income generation from own developments eg golf course fees, hotel, health club.
Life is short. Live passionately.