Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:obiero wrote:Ericsson wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know... Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Bank borrowings will kill this nyani. Its amazing that the firm is still listed Kettle calling the pot black! Kettle Grandiose Bugger Obiero John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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