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Home Afrika Listing at NSE!
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:obiero wrote:rwitre wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:Spikes wrote:sparkly wrote:Ericsson wrote:obiero wrote:KES 0.75 per share, ladden with debt, unprofitable, rudder less.. Investment at the NSE is not easy This firm should just be put under administration. And any firm with share price below ksh.1 What are you smoking? Cheap weed kutoka Migori. By the way who keeps on selling at such ridiculous low loss prices? A better question is who keeps on buying such crap It revisited the 52 week low of 0.70 for the third time in 10 days yesterday. Monitoring whether 0.70 will break or be defended. Trade without emotions. Where HY 2018? I can skip a few beers and load up on this one. Don't waste beer Why are you bothered with other people's monkeys? Isn't your gorilla keeping you occupied enough  Not really
KQ ABP 4.26
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:rwitre wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:Spikes wrote:sparkly wrote:Ericsson wrote:obiero wrote:KES 0.75 per share, ladden with debt, unprofitable, rudder less.. Investment at the NSE is not easy This firm should just be put under administration. And any firm with share price below ksh.1 What are you smoking? Cheap weed kutoka Migori. By the way who keeps on selling at such ridiculous low loss prices? A better question is who keeps on buying such crap It revisited the 52 week low of 0.70 for the third time in 10 days yesterday. Monitoring whether 0.70 will break or be defended. Trade without emotions. Where HY 2018? I can skip a few beers and load up on this one. Don't waste beer Why are you bothered with other people's monkeys? Isn't your gorilla keeping you occupied enough Not really Pambana na 4B loss Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:rwitre wrote:sparkly wrote:obiero wrote:Angelica _ann wrote:Spikes wrote:sparkly wrote:Ericsson wrote:obiero wrote:KES 0.75 per share, ladden with debt, unprofitable, rudder less.. Investment at the NSE is not easy This firm should just be put under administration. And any firm with share price below ksh.1 What are you smoking? Cheap weed kutoka Migori. By the way who keeps on selling at such ridiculous low loss prices? A better question is who keeps on buying such crap It revisited the 52 week low of 0.70 for the third time in 10 days yesterday. Monitoring whether 0.70 will break or be defended. Trade without emotions. Where HY 2018? I can skip a few beers and load up on this one. Don't waste beer Why are you bothered with other people's monkeys? Isn't your gorilla keeping you occupied enough Not really Pambana na 4B loss
KQ ABP 4.26
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Did some quick check on HAFR:
- Company is partnering with individual property owners to manage/rent out/ sell their property (Moran Ridge somewhere on Nairobi- Namanga Road near Isinya, Entim Breeze pale Ngong, residential houses in Ongata Rongai etc.)
- Gave out titles for Kerobi plains recently;
- Migaa open space is also being used for weddings;
- Ubora Hospital construction has broken ground;
- The new board looks keen in pushing the company forward.
In the tough real estate market, management looks to be taking advantage of all revenue sources.
Waiting for HY 2018 results though. Numbers don't lie.
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Rank: Member Joined: 3/20/2008 Posts: 503
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rwitre wrote:Did some quick check on HAFR:
- Company is partnering with individual property owners to manage/rent out/ sell their property (Moran Ridge somewhere on Nairobi- Namanga Road near Isinya, Entim Breeze pale Ngong, residential houses in Ongata Rongai etc.)
- Gave out titles for Kerobi plains recently;
- Migaa open space is also being used for weddings;
- Ubora Hospital construction has broken ground;
- The new board looks keen in pushing the company forward.
In the tough real estate market, management looks to be taking advantage of all revenue sources.
Waiting for HY 2018 results though. Numbers don't lie.
The challenge with these partnerships has traditionally been that HAFR partners with individuals/institutions that are in bed with its founders/owners/ mgt at terms and joint ownership percentages which are skewed against HAFR. So at the end of the year, the company reports losses upon consolidation while the other joint owners included in minority interests report profits. Hope that's not the case this time round.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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xxxxx wrote:rwitre wrote:Did some quick check on HAFR:
- Company is partnering with individual property owners to manage/rent out/ sell their property (Moran Ridge somewhere on Nairobi- Namanga Road near Isinya, Entim Breeze pale Ngong, residential houses in Ongata Rongai etc.)
- Gave out titles for Kerobi plains recently;
- Migaa open space is also being used for weddings;
- Ubora Hospital construction has broken ground;
- The new board looks keen in pushing the company forward.
In the tough real estate market, management looks to be taking advantage of all revenue sources.
Waiting for HY 2018 results though. Numbers don't lie.
The challenge with these partnerships has traditionally been that HAFR partners with individuals/institutions that are in bed with its founders/owners/ mgt at terms and joint ownership percentages which are skewed against HAFR. So at the end of the year, the company reports losses upon consolidation while the other joint owners included in minority interests report profits. Hope that's not the case this time round. Added some 20k shares today. Now at 50k shares with ABP KShs 1.16. Now waiting for it to rain cash money.  Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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sparkly wrote:xxxxx wrote:rwitre wrote:Did some quick check on HAFR:
- Company is partnering with individual property owners to manage/rent out/ sell their property (Moran Ridge somewhere on Nairobi- Namanga Road near Isinya, Entim Breeze pale Ngong, residential houses in Ongata Rongai etc.)
- Gave out titles for Kerobi plains recently;
- Migaa open space is also being used for weddings;
- Ubora Hospital construction has broken ground;
- The new board looks keen in pushing the company forward.
In the tough real estate market, management looks to be taking advantage of all revenue sources.
Waiting for HY 2018 results though. Numbers don't lie.
The challenge with these partnerships has traditionally been that HAFR partners with individuals/institutions that are in bed with its founders/owners/ mgt at terms and joint ownership percentages which are skewed against HAFR. So at the end of the year, the company reports losses upon consolidation while the other joint owners included in minority interests report profits. Hope that's not the case this time round. Added some 20k shares today. Now at 50k shares with ABP KShs 1.16. Now waiting for it to rain cash money. All the very best in your investment journey. The bus you have chosen to board has faulty brakes, bald tires, jammed up steering wheel and a leaking head gasket but you never know, even brand new cars do seize up
KQ ABP 4.26
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Rank: Member Joined: 3/20/2008 Posts: 503
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Some of Home Afrika properties in Migaa are being auctioned by creditors to recover ksh.600mn loan Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:Some of Home Afrika properties in Migaa are being auctioned by creditors to recover ksh.600mn loan Link? Life is short. Live passionately.
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