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Growth Enterprise Market - GEMS
Wendz
#31 Posted : Tuesday, June 11, 2013 12:24:37 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
mwekez@ji wrote:
[quote=Aguytrying]i paid home afrika a visit.
the building morning side is superb. these guys are serious. if all their developments look like this...
ive sent a document to wazua Google group.
thats all the info i could get.
shares to home afrika itself are not for sale, only to the projects as a joint venture with HAL.
the ROE's stated look rosy.


Thanks @Aguy for the info and the doc.

The ROEs stated indeed look very rosy. But i wonder whether the property revaluations have been based on valuers figures or they are just estimates.

Am also trying to figure out, if one buys the KES 500K share, how much will one be paid by the company after the given construction is completed and the given apartments/villas/houses have been sold. This way, one can tell how much capital gains they will have made from the shares after all the said is done[/quote]

Any more news on this part?
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