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Home Afrika Listing at NSE!
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Spikes
#1151 Posted : Friday, March 31, 2017 11:30:37 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
https://www.bloomberg.co...-million-from-investors


Home Afrika expects improvements in FY2016 performance. The real estate developer is seeking international investors for funding by injecting equity 40% and 60% structured debt. All these developments are anticipated in the month of April 2017.....Genghis Capital Ltd has been tasked for intermediary role of bringing investors onboard.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#1152 Posted : Friday, March 31, 2017 11:35:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Spikes wrote:
https://www.bloomberg.com/news/articles/2017-03-28/home-afrika-of-kenya-seeking-up-to-49-million-from-investors


Home Afrika expects improvements in FY2016 performance. The real estate developer is seeking international investors for funding by injecting equity 40% and 60% structured debt. All these developments are anticipated in the month of April 2017.....Genghis Capital Ltd has been tasked for intermediary role of bringing investors onboard.

LOL

KQ ABP 4.26
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uchumi
#1153 Posted : Friday, March 31, 2017 11:49:10 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
What does this mean to the current shareholders
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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obiero
#1154 Posted : Friday, March 31, 2017 11:57:41 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
uchumi wrote:
What does this mean to the current shareholders

They are doomed

KQ ABP 4.26
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maka
#1155 Posted : Saturday, April 01, 2017 12:13:27 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Spikes wrote:
https://www.bloomberg.com/news/articles/2017-03-28/home-afrika-of-kenya-seeking-up-to-49-million-from-investors


Home Afrika expects improvements in FY2016 performance. The real estate developer is seeking international investors for funding by injecting equity 40% and 60% structured debt. All these developments are anticipated in the month of April 2017.....Genghis Capital Ltd has been tasked for intermediary role of bringing investors onboard.

LOL


An effin con job...
possunt quia posse videntur
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Angelica _ann
#1156 Posted : Saturday, April 01, 2017 10:47:45 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
maka wrote:
obiero wrote:
Spikes wrote:
https://www.bloomberg.com/news/articles/2017-03-28/home-afrika-of-kenya-seeking-up-to-49-million-from-investors


Home Afrika expects improvements in FY2016 performance. The real estate developer is seeking international investors for funding by injecting equity 40% and 60% structured debt. All these developments are anticipated in the month of April 2017.....Genghis Capital Ltd has been tasked for intermediary role of bringing investors onboard.

LOL


An effin con job...


Kshs. 5 Billion, 40% equity. Isorite smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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stock.enigma
#1157 Posted : Thursday, April 27, 2017 11:21:37 AM
Rank: Member

Joined: 8/14/2009
Posts: 244
Does this company ever publish there results? if so, when is the financial year ending. Have taken a big gamble here.
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Ebenyo
#1158 Posted : Friday, April 28, 2017 8:02:17 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
stock.enigma wrote:
Does this company ever publish there results? if so, when is the financial year ending. Have taken a big gamble here.


they have been posting losses since they listed in NSE.All the original shareholders exited immediately after listing.Their financial year ends in june.Results will be out in August but expect more and more losses.Nobody is willing to fund them currently.They took a very expensive loan in 2014 after failling to float a bond in NSE.Their projects looks like waiting for Jesus to come back so that they are completed.
Towards the goal of financial freedom
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Ebenyo
#1159 Posted : Friday, April 28, 2017 8:04:15 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
~<>home af
Towards the goal of financial freedom
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sparkly
#1160 Posted : Friday, April 28, 2017 8:08:22 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
stock.enigma wrote:
Does this company ever publish there results? if so, when is the financial year ending. Have taken a big gamble here.



HAL is an enigma. Goodluck
Life is short. Live passionately.
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