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Home Afrika Listing at NSE!
obiero
#1121 Posted : Tuesday, February 21, 2017 9:22:47 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,519
Location: nairobi
hisah wrote:
Spikes wrote:
hisah wrote:
Silently HAFR prints an all time low of 95cts intraday. Has any stock traded below parity? The day range was KES 0.95 - 1.05. This finally demystifies the myth that ATS can't permit trades below parity.

This has been one hell of a money destruction stock PrayPray



MSC printed 95cents last year

Thanks for pointing this out. Actually the 95cts print was made on January 26 2017.

Meanwhile as HAFR prints 95cts this happens. d'oh!


Seems like one house.. They should have used a drone/chopper on the project

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
muandiwambeu
#1122 Posted : Wednesday, February 22, 2017 4:38:59 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
hisah wrote:
Spikes wrote:
hisah wrote:
Silently HAFR prints an all time low of 95cts intraday. Has any stock traded below parity? The day range was KES 0.95 - 1.05. This finally demystifies the myth that ATS can't permit trades below parity.

This has been one hell of a money destruction stock PrayPray



MSC printed 95cents last year

Thanks for pointing this out. Actually the 95cts print was made on January 26 2017.

Meanwhile as HAFR prints 95cts this happens. d'oh!


Seems like one house.. They should have used a drone/chopper on the project

Thanks for pointing out that, this truly equates to the parable of the dying tigresses. Crawling hard enough. And kicking vehemently. What a pathetic scene. Someone would easily have passed it has such blaming lack of appropriate tools or technology..
Landmines of NSE.Drool Drool Drool
,Behold, a sower went forth to sow;....
muandiwambeu
#1123 Posted : Wednesday, February 22, 2017 5:38:46 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
mwekez@ji wrote:
Company growth target:" to build a One Billion Dollar Company in the next five years. This is based on cumulative business turnover of sales in Kenya and around Africa for that period."

Hi @mweke, do you still believe in this statement.Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
,Behold, a sower went forth to sow;....
muandiwambeu
#1124 Posted : Wednesday, February 22, 2017 5:44:37 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
mwekez@ji wrote:
@$PT, am with you #spectator ionssmile

Notice the 405,255,320 shares being listed have a net book value (including goodwill) of KES 0.91 and a net book value (excluding goodwill) of KES 0.73. ... Home Afrika will be ripping off wanjiku if the introduction price is not below 1bob!!!

I salute you, so far so good. Hiyo ingine ni short stories. Sad Sad Sad
,Behold, a sower went forth to sow;....
sparkly
#1125 Posted : Wednesday, February 22, 2017 10:01:42 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
hisah wrote:
Spikes wrote:
hisah wrote:
Silently HAFR prints an all time low of 95cts intraday. Has any stock traded below parity? The day range was KES 0.95 - 1.05. This finally demystifies the myth that ATS can't permit trades below parity.

This has been one hell of a money destruction stock PrayPray



MSC printed 95cents last year

Thanks for pointing this out. Actually the 95cts print was made on January 26 2017.

Meanwhile as HAFR prints 95cts this happens. d'oh!


Seems like one house.. They should have used a drone/chopper on the project


There are just 4 standalone villas and a block of apartments. drone/ chopper would be a complete waste Laughing out loudly
Life is short. Live passionately.
Angelica _ann
#1126 Posted : Wednesday, February 22, 2017 11:32:15 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
@sparkly i thought you believed in Home Africa..... that they will be okay in the long term?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#1127 Posted : Wednesday, February 22, 2017 11:42:08 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,519
Location: nairobi
Angelica _ann wrote:
@sparkly i thought you believed in Home Africa..... that they will be okay in the long term?

LOL.

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#1128 Posted : Wednesday, February 22, 2017 12:41:21 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
@sparkly i thought you believed in Home Africa..... that they will be okay in the long term?


I do, so?
Life is short. Live passionately.
Angelica _ann
#1129 Posted : Wednesday, February 22, 2017 12:47:36 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
sparkly wrote:
Angelica _ann wrote:
@sparkly i thought you believed in Home Africa..... that they will be okay in the long term?


I do, so?

Just asking coz of your post 1125 followed with laughter? I take people's post sentiments serious except huko green corner!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#1130 Posted : Wednesday, February 22, 2017 1:17:27 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
sparkly wrote:
Angelica _ann wrote:
@sparkly i thought you believed in Home Africa..... that they will be okay in the long term?


I do, so?

Just asking coz of your post 1125 followed with laughter? I take people's post sentiments serious except huko green corner!!!


The reality is that the project is far from maturity.
Life is short. Live passionately.
VituVingiSana
#1131 Posted : Wednesday, February 22, 2017 3:25:53 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
hisah wrote:
Closed at all time low at KES 1.00

Will this be the first stock to trade below parity at NSE? d'oh!

Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory

Technically speaking, is there any other stock at zero worth? Please help!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#1132 Posted : Wednesday, February 22, 2017 4:04:56 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,519
Location: nairobi
VituVingiSana wrote:
obiero wrote:
hisah wrote:
Closed at all time low at KES 1.00

Will this be the first stock to trade below parity at NSE? d'oh!

Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory

Technically speaking, is there any other stock at zero worth? Please help!

This is the only one I can think of

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#1133 Posted : Wednesday, February 22, 2017 7:42:23 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
hisah wrote:
Closed at all time low at KES 1.00

Will this be the first stock to trade below parity at NSE? d'oh!

Technically speaking, the stock is already at zero worth, so any price drop is irrelevant. Though ideally no stock can trade in cents territory

Technically speaking, is there any other stock at zero worth? Please help!

This is the only one I can think of


I know of others in negative equity territory.
Life is short. Live passionately.
hisah
#1134 Posted : Thursday, February 23, 2017 2:54:14 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
obiero
#1135 Posted : Thursday, February 23, 2017 3:12:34 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,519
Location: nairobi
hisah wrote:
Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff.

The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
hisah
#1136 Posted : Friday, February 24, 2017 6:44:32 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
obiero wrote:
hisah wrote:
Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff.

The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC

I agree that it should be delisted. The market has emphatically voted no confidence with a landslide margin! Closed at 95cts. 100 shares requires KES 95 for the minimum trade rule!!

CMA the market is watching...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Spikes
#1137 Posted : Friday, February 24, 2017 9:03:44 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
hisah wrote:
obiero wrote:
hisah wrote:
Several trades at 95cts with VWAP at 95cts which means the market will likely close at 95cts. Has such a price been recorded at NSE? Trading sub zero cts will be surreal stuff.

The most honorable thing for the management would have been to ask for delisting.. Then gather the pieces at OTC

I agree that it should be delisted. The market has emphatically voted no confidence with a landslide margin! Closed at 95cts. 100 shares requires KES 95 for the minimum trade rule!!

CMA the market is watching...

No need of delisting. Let the market control itself. Zero is the limit!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
hisah
#1138 Posted : Wednesday, March 01, 2017 3:00:08 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
VWAP will close today @90cts.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Angelica _ann
#1139 Posted : Wednesday, March 01, 2017 3:04:06 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
hisah wrote:
VWAP will close today @90cts.

Saw that today and i was like ... for real Pray Pray Pray
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
kaka2za
#1140 Posted : Wednesday, March 01, 2017 4:53:05 PM
Rank: Elder


Joined: 10/3/2008
Posts: 4,057
Location: Gwitu
Angelica _ann wrote:
hisah wrote:
VWAP will close today @90cts.

Saw that today and i was like ... for real Pray Pray Pray


I wonder who is buying and selling this stock!
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
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