wazua Mon, Jan 13, 2025
Welcome Guest Search | Active Topics | Log In | Register

Insights on Home Afrika
Options
Previous Topic · Next Topic
All@din
#1 Posted : Tuesday, September 30, 2014 11:53:54 PM
Rank: Hello


Joined: 9/24/2014
Posts: 8
Any insights on Home Afrika? A little birdie predicts some lucrative gains..
Sargasm : When the urge to make a sarcastic reply is so overwhelming you can only roll your eyes and grunt incoherently
Back to top
 Report Abusive | Report SPAM
All@din
#2 Posted : Wednesday, October 01, 2014 10:06:35 AM
Rank: Hello


Joined: 9/24/2014
Posts: 8
Wazuans, please some insights on this counter.
Sargasm : When the urge to make a sarcastic reply is so overwhelming you can only roll your eyes and grunt incoherently
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#3 Posted : Wednesday, October 01, 2014 11:22:38 AM
Rank: Member


Joined: 1/15/2010
Posts: 625
A lot of Wazuans consider this stock overpriced. Search threads on HomeAfrika for more info.
Back to top
 Report Abusive | Report SPAM
mlennyma
#4 Posted : Wednesday, October 01, 2014 11:34:37 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
And the owners said investors don't know how to value a real estate company and they will in future realise what value was hidden.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
All@din
#5 Posted : Wednesday, October 01, 2014 11:43:26 AM
Rank: Hello


Joined: 9/24/2014
Posts: 8
Grapevine suggests lot of investment shortly bt Dj CK ( not that its a benchmark for all our investing decisions....hehe)
Sargasm : When the urge to make a sarcastic reply is so overwhelming you can only roll your eyes and grunt incoherently
Back to top
 Report Abusive | Report SPAM
mv_ufanisi
#6 Posted : Wednesday, October 01, 2014 12:03:36 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
mlennyma wrote:
And the owners said investors don't know how to value a real estate company and they will in future realise what value was hidden.


The owners also cashed out en masse from the company.
Back to top
 Report Abusive | Report SPAM
DBLyon
#7 Posted : Wednesday, October 01, 2014 1:11:07 PM
Rank: Member


Joined: 5/28/2014
Posts: 149
Location: Nairobi
@All@din: Your quotation "Sargasm : When the urge to make a sarcastic reply is so overwhelming you can only roll your eyes and grunt imcoherently" is very funny. However, 'imcoherently' is hurting my eyes, please change it to 'incoherently' so that I can enjoy the line unhindered. :)
When you live for others' opinions, you are dead.

- Carlos Slim Helu
Back to top
 Report Abusive | Report SPAM
whiteowl
#8 Posted : Wednesday, October 01, 2014 1:16:20 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mlennyma wrote:
And the owners said investors don't know how to value a real estate company and they will in future realise what value was hidden.

Intrinsic value smile
Back to top
 Report Abusive | Report SPAM
DBLyon
#9 Posted : Wednesday, October 01, 2014 3:32:28 PM
Rank: Member


Joined: 5/28/2014
Posts: 149
Location: Nairobi
Like I've said before, building houses may work for Home Afrika with regards to their flagship product Migaa. The sale of plots for people to build hasn't worked out for them.

So HassConsult bought 1% of the shares. One may say they could use the expertise of HassConsult in making decisions that get the company to make sales.

@All@din: Thanks for the correction. Any more detail from your little birdie?
When you live for others' opinions, you are dead.

- Carlos Slim Helu
Back to top
 Report Abusive | Report SPAM
rimuww550
#10 Posted : Thursday, November 20, 2014 10:10:58 AM
Rank: Hello


Joined: 11/14/2014
Posts: 2
anymore insights........
wait to buy or buy and wait.
Back to top
 Report Abusive | Report SPAM
obiero
#11 Posted : Sunday, November 23, 2014 4:38:51 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,551
Location: nairobi
rimuww550 wrote:
anymore insights........

The firm bought very steep and rocky land for their Kisumu project. Will cost alot to levelise, excavate etc End product will be too pricey

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
dunkang
#12 Posted : Sunday, November 23, 2014 5:22:36 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
rimuww550 wrote:
anymore insights........

DON'T TOUCH!!!!
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
 Report Abusive | Report SPAM
Boris Boyka
#13 Posted : Sunday, November 23, 2014 5:29:23 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
dunkang wrote:
rimuww550 wrote:
anymore insights........

DON'T TOUCH!!!!

@dunkang he's already in. Tell him way forward; averaging down,cutting losses,waiting for so long blah blah..
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
Gatheuzi
#14 Posted : Tuesday, November 25, 2014 7:22:12 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
Last time I checked the PE was in excess of 100. They need to grow profits 8 times the current levels just for the current price of around 4 to be justified. How long that will be is a question for another day.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
 Report Abusive | Report SPAM | Edit by user: Tuesday, November 25, 2014 7:23 AM | Reason: Not specified
Boris Boyka
#15 Posted : Sunday, November 30, 2014 4:51:55 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
www.businessdailyafrica....4/-/uyccahz/-/index.html[quote] he bond will be on sale for two weeks, closing on December
10, and will commence trading on the fixed-income segment
of the NSE on December 19.
Home Afrika received the Capital Markets Authority’s (CMA)
approval to issue the bond on November 11.
The firm plans to use proceeds from the bond to fund three of
its ongoing projects — Migaa in Kiambu, Lakeview Heights in
Kisumu and Llango in Kwale. Revenues generated
In the six months to June, the company reported a 72 per cent
drop in profit to Sh42.9 million from Sh155.49 million a year
earlier.
One of the major reasons for the drop is that real estate firms
can only recognise revenues once projects are completed and
sold and Home Afrika, therefore, has to wait until projects are
finished before it can record revenues generated.
The firm’s shareholders have to wait longer to earn dividends
from the property.
The company also plans to issue a Real Estate Investment
Trust (REIT) for which it has also appointed NIC Capital as
transaction advisers. The firm has appointed the same
advisers for the bond issue. /quote]
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
Boris Boyka
#16 Posted : Sunday, November 30, 2014 4:54:01 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
obiero wrote:
rimuww550 wrote:
anymore insights........

The firm bought very steep and rocky land for their Kisumu project. Will cost alot to levelise, excavate etc End product will be too pricey

Quote:
The firm said that 83.3 per cent of the proceeds would be
deployed within Migaa. “The balance of the proceeds will be
deployed in Lakeview Heights and Llango Projects,” said the
company in an information memorandum to investors
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (6)
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 © 2025 Wazua.co.ke. All Rights Reserved.