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Home Afrika Listing at NSE!
VituVingiSana
#1341 Posted : Tuesday, September 04, 2018 9:46:36 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...43920-2h059kz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#1342 Posted : Tuesday, September 04, 2018 10:25:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Breaks record by trading @60 cents a share
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#1343 Posted : Tuesday, September 04, 2018 11:07:44 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=VituVingiSana]Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...3920-2h059kz/index.html[/quote]

I raised this issue on post #1288. Looks like the people at BDA get their news from Wazua.

Quote:
HAL abandoned Lakeview (Kisumu) and Llango (Kwale).

Page 73 of this ingrated report - https://www.google.com/u...w0ULJ4lQfVTd62xIKz8Gwij

Wonder why it wasn't reported in the news.
Life is short. Live passionately.
obiero
#1344 Posted : Wednesday, September 05, 2018 1:53:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
sparkly wrote:
[quote=VituVingiSana]Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...3920-2h059kz/index.html[/quote]

I raised this issue on post #1288. Looks like the people at BDA get their news from Wazua.

Quote:
HAL abandoned Lakeview (Kisumu) and Llango (Kwale).

Page 73 of this ingrated report - https://www.google.com/u...w0ULJ4lQfVTd62xIKz8Gwij

Wonder why it wasn't reported in the news.

I'm shocked at how this company continues to exist

KQ ABP 4.26
Ericsson
#1345 Posted : Wednesday, September 05, 2018 2:00:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
sparkly wrote:
[quote=VituVingiSana]Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...3920-2h059kz/index.html[/quote]

I raised this issue on post #1288. Looks like the people at BDA get their news from Wazua.

Quote:
HAL abandoned Lakeview (Kisumu) and Llango (Kwale).

Page 73 of this ingrated report - https://www.google.com/u...w0ULJ4lQfVTd62xIKz8Gwij

Wonder why it wasn't reported in the news.

I'm shocked at how this company continues to exist


The company was too ambitious,now paying for its miscalculations
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
rwitre
#1346 Posted : Wednesday, September 05, 2018 2:26:08 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
obiero wrote:
sparkly wrote:
[quote=VituVingiSana]Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...3920-2h059kz/index.html[/quote]

I raised this issue on post #1288. Looks like the people at BDA get their news from Wazua.

Quote:
HAL abandoned Lakeview (Kisumu) and Llango (Kwale).

Page 73 of this ingrated report - https://www.google.com/u...w0ULJ4lQfVTd62xIKz8Gwij

Wonder why it wasn't reported in the news.

I'm shocked at how this company continues to exist


Wewe hupendi HAFR hata kidogo Laughing out loudly Laughing out loudly Laughing out loudly
sparkly
#1347 Posted : Wednesday, September 05, 2018 3:24:50 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
rwitre wrote:
obiero wrote:
sparkly wrote:
[quote=VituVingiSana]Home Afrika drops Kisumu, Kwale projects on cash hitch
https://www.businessdail...3920-2h059kz/index.html[/quote]

I raised this issue on post #1288. Looks like the people at BDA get their news from Wazua.

Quote:
HAL abandoned Lakeview (Kisumu) and Llango (Kwale).

Page 73 of this ingrated report - https://www.google.com/u...w0ULJ4lQfVTd62xIKz8Gwij

Wonder why it wasn't reported in the news.

I'm shocked at how this company continues to exist


Wewe hupendi HAFR hata kidogo Laughing out loudly Laughing out loudly Laughing out loudly



Achana na @Obiero. He has the habit of transfering his KQ frustrations to all other stocks smile smile

Management is on course in concentrating on the main projects, liquidating raw land for liquidity.

I will be happy if they sell aggressively to convert inventories and forget external financing for the time being.

Quote:

@xxxxx looking at HAL financials, the problem is one of liquidity. They are spending too much money in admin but not putting enough into completing projects.

IMO the liquidity issue can be sorted out by more aggressive selling of their projects and investing more of funds raised into completing projects underway.

In short they should work harder at converting inventories into cash rather than getting loans and bonds from financiers.

Life is short. Live passionately.
sparkly
#1348 Posted : Wednesday, October 03, 2018 6:30:55 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Chinese investor Zeyun Yang, the developer of the Great Wall apartments in Machakos County, has become the single largest shareholder in Home Afrika.


https://www.businessdail...asAMP-f5210pz/index.html
Life is short. Live passionately.
VituVingiSana
#1349 Posted : Wednesday, October 03, 2018 7:25:37 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
sparkly wrote:
Chinese investor Zeyun Yang, the developer of the Great Wall apartments in Machakos County, has become the single largest shareholder in Home Afrika.


https://www.businessdail...sAMP-f5210pz/index.html
Good news for HAFR if Yang can complete and sell some of the developments for HAFR!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#1350 Posted : Wednesday, October 03, 2018 8:14:36 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
sparkly wrote:
Chinese investor Zeyun Yang, the developer of the Great Wall apartments in Machakos County, has become the single largest shareholder in Home Afrika.


https://www.businessdail...sAMP-f5210pz/index.html
Good news for HAFR if Yang can complete and sell some of the developments for HAFR!

Definitely good news for HAFR

KQ ABP 4.26
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