wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

151 Pages«<3132333435>»
Home Afrika Listing at NSE!
Options
Previous Topic · Next Topic
dunkang
#321 Posted : Thursday, January 02, 2014 10:27:15 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Many people said they are waiting for it at 5/=, today, it traded at 5.40/=.

Watu wa kobole, MKO TAYARI?
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
VituVingiSana
#322 Posted : Thursday, January 02, 2014 10:55:22 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Happy New Year... but I doubt HAFR will deliver what folks want.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
guru267
#323 Posted : Thursday, January 02, 2014 10:59:25 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Happy New Year... but I doubt HAFR will deliver what folks want.


Wait for full year 2013 results!
Mark 12:29
Deuteronomy 4:16
Back to top
  |
VituVingiSana
#324 Posted : Thursday, January 02, 2014 11:03:36 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Happy New Year... but I doubt HAFR will deliver what folks want.

Wait for full year 2013 results!
Good luck. I don't trust their numbers... For some reason I equate them with the likes of Eveready & Olympia.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
mlennyma
#325 Posted : Thursday, January 02, 2014 11:42:53 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
its a short term play for me at below 5.50
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
guru267
#326 Posted : Thursday, January 02, 2014 12:18:55 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
its a short term play for me at below 5.50


Short term play that may just fall below 4bob!
Mark 12:29
Deuteronomy 4:16
Back to top
  |
hisah
#327 Posted : Friday, January 03, 2014 8:52:35 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cartoon reading for this stock that has crashed from the listing high of 25 to the current 5.75 level. Note the listing price was 12/-

Let's follow the money like a quickfire syndicate trading desk even without TA goggles/tools...

Sept 2 2013 - 2.5M shares trade with price closing @11.20 - result of this vol spike = price crashes to 6/- by Sept 30 2013 (all time low)

Oct 4 2013 - 2.3M shares trade with price closing @6.05 - result of this vol spike = bounce.

Oct 7 2013 - 1.2M shares trade with price closing @6.25 - result of this vol spike = bounce continuation.

Oct 9 2013 - 3M shares trade with price closing @7.50 - result of this vol spike = distribution begins (selling the bounce).

Oct 10 2013 - 2.8M shares trade with price closing @8.25 - result of this vol spike = distribution continuation

Oct 11 2013 - 2.5M shares trade with price closing @8.65 - result of this vol spike = distribution continuation with final upthrust.

Oct 14 2013 - 1.5M shares trade with price closing @8.50 - result of this vol spike = distribution upthrust confirmation.

After the distribution days in Oct 2013, the price reverses the entire rally from 6/- by Dec 17 2013.

Dec 23 2013 - 1.99M shares trade with price closing @6.00 - result of this vol spike = pending confirmation, but inclined towards further selling. Why? By Dec 31 2013 the Sept low at 6/- was broken as price closed @5.90 with a new all time low of 5.40. Until those vol spikes suggest otherwise, caution here...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Saturday, January 04, 2014 2:51 PM | Reason: Not specified
the deal
#328 Posted : Friday, January 03, 2014 10:29:21 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The listing was a disaster...sentiment hasnt changed yet...property prices are likely to be soft or sticky going forward but since land is scarce in Kenya combined with the growing population we wont see much of a correction in property prices...plenty of opportunities at the county level too...infrastructure improvement...is also opening up new opportunities so Home Afrika can still make money but the returns wont be that great...there is also a question on how theyre going to monetise their land banks? will they do a D-REIT or will they do a rights issue?....I'm not a fan of this new small companies whose biz models have not been tested but I think below Ksh6...it might be undervalued...fair value is around Ksh10-12...
Back to top
  |
sparkly
#329 Posted : Saturday, January 04, 2014 1:09:14 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
Cartoon reading for this stock that has crashed from the listing high of 25 to the current 5.75 level. Note the listing price was 12/-

Let's follow the money like a quickfire syndicate trading desk even without TA goggles/tools...

Sept 2 2013 - 2.5M shares trade with price closing @11.20 - result of this vol spike = price crashes to 6/- by Sept 30 2013 (all time low)

Oct 4 2013 - 2.3M shares trade with price closing @6.05 - result of this vol spike = bounce.

Oct 7 2013 - 1.2M shares trade with price closing @6.25 - result of this vol spike = bounce continuation.

Oct 9 2013 - 3M shares trade with price closing @7.50 - result of this vol spike = distribution begins (selling the bounce).

Oct 10 2013 - 2.8M shares trade with price closing @8.25 - result of this vol spike = distribution continuation

Oct 11 2013 - 2.5M shares trade with price closing @8.65 - result of this vol spike = distribution continuation with final upthrust.

Oct 14 2013 - 1.5M shares trade with price closing @8.50 - result of this vol spike = distribution upthrust confirmation.

After the distribution days in Oct 2013, the price reserves the entire rally from 6/- by Dec 17 2013.

Dec 23 2013 - 1.99M shares trade with price closing @6.00 - result of this vol spike = pending confirmation, but inclined towards further selling. Why? By Dec 31 2013 the Sept low at 6/- was broken as price closed @5.90 with a new all time low of 5.40. Until those vol spikes suggest otherwise, caution here...



At listing HAFR has 405m shares. Total shareholders 147(including beneficiaries of shares held in trust by 2 companies). Not a single shareholder held more than 3%. We can therefore conclude that the average shareholding at listing was 2.7m shares. These volume spikes represent some of the original shareholders cashing out.

Volatility will persist until the faint hearted original shareholders are shaken off.
Life is short. Live passionately.
Back to top
  |
guru267
#330 Posted : Saturday, January 04, 2014 1:22:52 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
The listing was a disaster...sentiment hasnt changed yet...property prices are likely to be soft or sticky going forward but since land is scarce in Kenya combined with the growing population we wont see much of a correction in property prices...plenty of opportunities at the county level too...infrastructure improvement...is also opening up new opportunities so Home Afrika can still make money but the returns wont be that great...there is also a question on how theyre going to monetise their land banks? will they do a D-REIT or will they do a rights issue?....I'm not a fan of this new small companies whose biz models have not been tested but I think below Ksh6...it might be undervalued...fair value is around Ksh10-12...


They applied to CMA to issue a REIT... 2013 earnings will blow the roof off! smile
Mark 12:29
Deuteronomy 4:16
Back to top
  |
151 Pages«<3132333435>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.