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Home Afrika HY18
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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sparkly wrote:What value does he bring to HAFR? Fusion capital failed to raise enough money for its D-reit a few years back. Birds of a failure hang out together.  Let me stick with my Centum  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Those who are making money out of Home Africa https://www.businessdail...269366-b8twe4/index.htmlIn 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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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Will he be paid cash or be given shares in HAFR? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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VituVingiSana wrote:Will he be paid cash or be given shares in HAFR? I bet he's being paid in cash.No insider can exchange his piece of land for monkeys.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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whiteowl wrote:VituVingiSana wrote:Will he be paid cash or be given shares in HAFR? I bet he's being paid in cash.No insider can exchange his piece of land for monkeys. Isn't HAFR broke? How will HAFR pay him? BUT  This was a monkey from the day it was listed. Good luck to the shareholders... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:whiteowl wrote:VituVingiSana wrote:Will he be paid cash or be given shares in HAFR? I bet he's being paid in cash.No insider can exchange his piece of land for monkeys. Isn't HAFR broke? How will HAFR pay him? BUT This was a monkey from the day it was listed. Good luck to the shareholders... HAFR modus operandi: 1. Landowner approaches HAFR with land; 2. HAFR & Landowner into a JV with landowner. JV is typically a new company, a subsidiary of HAFR; 3. Landowner gets redeemable preference shares in the JV. 4. If the usual modus is followed, I expect the same with the Gitahi land in DC. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:whiteowl wrote:VituVingiSana wrote:Will he be paid cash or be given shares in HAFR? I bet he's being paid in cash.No insider can exchange his piece of land for monkeys. Isn't HAFR broke? How will HAFR pay him? BUT This was a monkey from the day it was listed. Good luck to the shareholders... HAFR modus operandi: 1. Landowner approaches HAFR with land; 2. HAFR & Landowner into a JV with landowner. JV is typically a new company, a subsidiary of HAFR; 3. Landowner gets redeemable preference shares in the JV. 4. If the usual modus is followed, I expect the same with the Gitahi land in DC. That sounds reasonable if it is not a cash deal. Gitahi is using HAFR's expertise and network to sell off his land. Both benefit. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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[quote=Angelica _ann]Those who are making money out of Home Africa https://www.businessdail...69366-b8twe4/index.html[/quote] This is Kerobi Plains land in Isinya that they have been selling for over 3 years in small parcels. Wakora sana. They are only disclosing it now when KRA came snooping and noticed some funny business was going on (conflict of interest). Only a mad man would hold on to such a stock (or any other stock on the NSE SCOM and EABL excepted) given its loooooooong history of scandals.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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MugundaMan wrote:This is Kerobi Plains land in Isinya that they have been selling for over 3 years in small parcels. Wakora sana. They are only disclosing it now when KRA came snooping and noticed some funny business was going on (conflict of interest). Only a mad man would hold on to such a stock (or any other stock on the NSE SCOM and EABL excepted) given its loooooooong history of scandals. KRA does not care about conflict of interest. It gets interested if there is no payment of taxes be it stamp duty, CGT or corporate taxes. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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VituVingiSana wrote:MugundaMan wrote:This is Kerobi Plains land in Isinya that they have been selling for over 3 years in small parcels. Wakora sana. They are only disclosing it now when KRA came snooping and noticed some funny business was going on (conflict of interest). Only a mad man would hold on to such a stock (or any other stock on the NSE SCOM and EABL excepted) given its loooooooong history of scandals. KRA does not care about conflict of interest. It gets interested if there is no payment of taxes be it stamp duty, CGT or corporate taxes. But that is precisely where the COI played out. They were trying to pull a related party scheme in order to eschew CGT and got caught red handed!
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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MugundaMan wrote:VituVingiSana wrote:MugundaMan wrote:This is Kerobi Plains land in Isinya that they have been selling for over 3 years in small parcels. Wakora sana. They are only disclosing it now when KRA came snooping and noticed some funny business was going on (conflict of interest). Only a mad man would hold on to such a stock (or any other stock on the NSE SCOM and EABL excepted) given its loooooooong history of scandals. KRA does not care about conflict of interest. It gets interested if there is no payment of taxes be it stamp duty, CGT or corporate taxes. But that is precisely where the COI played out. They were trying to pull a related party scheme in order to eschew CGT and got caught red handed! I told you the KRA’s involvement was nothing to do with COI but CGT/Taxes/Duties. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:MugundaMan wrote:VituVingiSana wrote:MugundaMan wrote:This is Kerobi Plains land in Isinya that they have been selling for over 3 years in small parcels. Wakora sana. They are only disclosing it now when KRA came snooping and noticed some funny business was going on (conflict of interest). Only a mad man would hold on to such a stock (or any other stock on the NSE SCOM and EABL excepted) given its loooooooong history of scandals. KRA does not care about conflict of interest. It gets interested if there is no payment of taxes be it stamp duty, CGT or corporate taxes. But that is precisely where the COI played out. They were trying to pull a related party scheme in order to eschew CGT and got caught red handed! I told you the KRA’s involvement was nothing to do with COI but CGT/Taxes/Duties. Another round of beef steaming simmering on the pot. wait for @MM's tirade, anytime now... Life is short. Live passionately.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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sparkly wrote:
Another round of beef steaming simmering on the pot. wait for @MM's tirade, anytime now...
As a regular victim of MMs viscious, on the button lightning-fast uppercuts and cyberpunch combinations that leave your face pocketed every single time, I see how you would be VERY INTERESTED in a sparring match between VVS and MM . Fortunately, VVS, unlike you, always comes to the battle armed with logic and not peni mbili homespun opinions crumblingly cobbled together. Yours Faithfully, https://youtu.be/v_Wes70WmFA
Roy Jones Jr
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MugundaMan wrote:sparkly wrote:
Another round of beef steaming simmering on the pot. wait for @MM's tirade, anytime now...
As a regular victim of MMs viscious, on the button lightning-fast uppercuts and cyberpunch combinations that leave your face pocketed every single time, I see how you would be VERY INTERESTED in a sparring match between VVS and MM . Fortunately, VVS, unlike you, always comes to the battle armed with logic and not peni mbili homespun opinions crumblingly cobbled together. Yours Faithfully, https://youtu.be/v_Wes70WmFA
Roy Jones Jr Very easily baited Life is short. Live passionately.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Sparkles, You will be happily proud to know that in terms of the most feeble/pathetic comebacks on Wazoo, only murchr trumps you
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MugundaMan wrote:Sparkles, You will be happily proud to know that in terms of the most feeble/pathetic comebacks on Wazoo, only murchr trumps you I am not happy with the No.2 position. I should be No. 1 on your tormentor's list Life is short. Live passionately.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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sparkly wrote:MugundaMan wrote:Sparkles, You will be happily proud to know that in terms of the most feeble/pathetic comebacks on Wazoo, only murchr trumps you I am not happy with the No.2 position. I should be No. 1 on your tormentor's list More like a fly swirling around a lion and getting splattered every single time
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