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Time to Eye Home Africa Share
obiero
#11 Posted : Friday, March 21, 2014 7:51:39 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
jawgey wrote:
dunkang wrote:
mwanahisa wrote:
I have had a look at the asset base of the firm and even though it is not as clear as I would love it to be, my conclusion is that it is undervalued at the current level.

I have therefore commenced carefully buying into the company. I still expect it to continue dropping but obviously it has to stop somewhere.

Even eveready stopped at 1.40/-. smile Maybe, just a maybe, HomeAfrika will want to out do it, and stop at 0.5/-? It's just a maybe!

haha dunkang that's cruel you might trigger panic selling here.. it's no joke to guys who got in at 25 and started averaging at 12.. smile smile

The real bottom is delisting

guru267
#12 Posted : Friday, March 21, 2014 9:15:33 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
dunkang wrote:
mwanahisa wrote:
I have had a look at the asset base of the firm and even though it is not as clear as I would love it to be, my conclusion is that it is undervalued at the current level.

I have therefore commenced carefully buying into the company. I still expect it to continue dropping but obviously it has to stop somewhere.

Even eveready stopped at 1.40/-. smile Maybe, just a maybe, HomeAfrika will want to out do it, and stop at 0.5/-? It's just a maybe!


I'm done advocating here... I have no idea what more to say!

I guess Eveready and Home Afrika are one and the same crappy companies as many wazuans have indicated here but I'm still buying..

I was shocked to find buy order at 5bob had cleared, it had been sitting there for long!
Mark 12:29
Deuteronomy 4:16
guru267
#13 Posted : Friday, March 21, 2014 9:22:12 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
After clearing my 5 bob order my average has now fallen to 6 bob and I'm building more arsenal to load up more at 3.5 if it comes to that!

At this rate I will join the top 10 shareholder list! smile
Mark 12:29
Deuteronomy 4:16
sparkly
#14 Posted : Saturday, March 22, 2014 7:58:27 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Lee Karuri is chairman of Home Africa and Resorts & Cities (Longonot gate). Both develop real estate. Migaa and Longonot gate projects compete for the same customers. One company is listed, the other is a private company run by his wife!



Life is short. Live passionately.
jawgey
#15 Posted : Saturday, March 22, 2014 9:13:53 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
sparkly wrote:
Lee Karuri is chairman of Home Africa and Resorts & Cities (Longonot gate). Both develop real estate. Migaa and Longonot gate projects compete for the same customers. One company is listed, the other is a private company run by his wife!





very dangerous
Seeing is believing
Aguytrying
#16 Posted : Saturday, March 22, 2014 8:18:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
might be worth a pop for a reflex movement upwards. this bull is making believers out of dead even risky stocks
The investor's chief problem - and even his worst enemy - is likely to be himself
babaroy
#17 Posted : Sunday, March 23, 2014 10:12:42 AM
Rank: New-farer

Joined: 12/11/2013
Posts: 63
any thing bellow 4 bob is a bargain. with an anticipated EPS of 40 cents per share, and a PE of 15 to 17, this share is still expensive
VituVingiSana
#18 Posted : Sunday, March 23, 2014 12:28:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
guru267 wrote:
dunkang wrote:
mwanahisa wrote:
I have had a look at the asset base of the firm and even though it is not as clear as I would love it to be, my conclusion is that it is undervalued at the current level.

I have therefore commenced carefully buying into the company. I still expect it to continue dropping but obviously it has to stop somewhere.

Even eveready stopped at 1.40/-. smile Maybe, just a maybe, HomeAfrika will want to out do it, and stop at 0.5/-? It's just a maybe!


I'm done advocating here... I have no idea what more to say!

I guess Eveready and Home Afrika are one and the same crappy companies as many wazuans have indicated here but I'm still buying..

I was shocked to find buy order at 5bob had cleared, it had been sitting there for long!
Shame on you Shame on you Shame on you Pole sana on HAFR. I got burnt by the crooks running Olympia and since then I stay out of firms whose management looks shady!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
dunkang
#19 Posted : Thursday, April 24, 2014 8:20:09 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
guru267 wrote:
dunkang wrote:
mwanahisa wrote:
I have had a look at the asset base of the firm and even though it is not as clear as I would love it to be, my conclusion is that it is undervalued at the current level.

I have therefore commenced carefully buying into the company. I still expect it to continue dropping but obviously it has to stop somewhere.

Even eveready stopped at 1.40/-. smile Maybe, just a maybe, HomeAfrika will want to out do it, and stop at 0.5/-? It's just a maybe!


I'm done advocating here... I have no idea what more to say!

I guess Eveready and Home Afrika are one and the same crappy companies as many wazuans have indicated here but I'm still buying..

I was shocked to find buy order at 5bob had cleared, it had been sitting there for long!

Wow.
Receive with simplicity everything that happens to you.” ― Rashi

jawgey
#20 Posted : Thursday, April 24, 2014 8:50:51 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
dunkang wrote:
guru267 wrote:
dunkang wrote:
mwanahisa wrote:
I have had a look at the asset base of the firm and even though it is not as clear as I would love it to be, my conclusion is that it is undervalued at the current level.

I have therefore commenced carefully buying into the company. I still expect it to continue dropping but obviously it has to stop somewhere.

Even eveready stopped at 1.40/-. smile Maybe, just a maybe, HomeAfrika will want to out do it, and stop at 0.5/-? It's just a maybe!


I'm done advocating here... I have no idea what more to say!

I guess Eveready and Home Afrika are one and the same crappy companies as many wazuans have indicated here but I'm still buying..

I was shocked to find buy order at 5bob had cleared, it had been sitting there for long!

Wow.

Laughing out loudly Laughing out loudly Laughing out loudly
Seeing is believing
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