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Home Afrika FY14 Earnings down 89%
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sparkly
#11 Posted : Sunday, May 03, 2015 7:50:44 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
S.Mutaga III wrote:
Sometimes I just pity Wanjiku's who bought and still hold this counter...I heard that Lee Karuri owns a similar entity privately, and thus there is an obvious conflict of interest...too bad he is among those in charge. Benjamin Graham advises investors to largely ignore new listings. I couldnt agree more


longonot Gate
Life is short. Live passionately.
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Pesa Nane
#12 Posted : Wednesday, June 24, 2015 4:12:07 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
Notice of Annual general meeting of Home Afrika Limited for the year 2015 will be held on 25th June 2015 at the Kenya School of Monetary Studies, Nairobi starting at 10.00 a.m
Pesa Nane plans to be shilingi when he grows up.
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mlennyma
#13 Posted : Wednesday, June 24, 2015 10:19:06 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Pesa Nane wrote:
Quote:
Notice of Annual general meeting of Home Afrika Limited for the year 2015 will be held on 25th June 2015 at the Kenya School of Monetary Studies, Nairobi starting at 10.00 a.m

have they paid the meeting venue?
"Don't let the fear of losing be greater than the excitement of winning."
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obiero
#14 Posted : Wednesday, June 24, 2015 10:48:45 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
mlennyma wrote:
Pesa Nane wrote:
Quote:
Notice of Annual general meeting of Home Afrika Limited for the year 2015 will be held on 25th June 2015 at the Kenya School of Monetary Studies, Nairobi starting at 10.00 a.m

have they paid the meeting venue?

Haha.. Below the belt
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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whiteowl
#15 Posted : Wednesday, June 24, 2015 11:10:35 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
obiero wrote:
mlennyma wrote:
Pesa Nane wrote:
Quote:
Notice of Annual general meeting of Home Afrika Limited for the year 2015 will be held on 25th June 2015 at the Kenya School of Monetary Studies, Nairobi starting at 10.00 a.m

have they paid the meeting venue?

Haha.. Below the belt

Laughing out loudly Laughing out loudly Laughing out loudly
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sl8r
#16 Posted : Thursday, June 25, 2015 3:30:06 PM
Rank: New-farer

Joined: 5/20/2010
Posts: 69
What about the cash flow statement? who has those?
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VituVingiSana
#17 Posted : Thursday, June 25, 2015 5:06:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,439
Location: Nairobi
sl8r wrote:
What about the cash flow statement? who has those?

That only applies to firms that get cash inflows! d'oh! d'oh! d'oh!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Golden_Arrow
#18 Posted : Friday, June 26, 2015 1:56:35 AM
Rank: Hello

Joined: 2/10/2015
Posts: 8
Location: Nairobi
AGM: They talked of unlocking the balance sheet as the main objective going forward.
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Sober
#19 Posted : Friday, June 26, 2015 8:26:06 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
What of the shunned bond and the 17% interest rate. Will they ever make money from this borrowed money considering Home Africa only made 9million in profits last year
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Fomoney
#20 Posted : Saturday, June 27, 2015 7:02:10 AM
Rank: Member

Joined: 7/9/2006
Posts: 79
Would you give them money for 17% ? Like a ponzi scheme that offers you those 85% returns I say no! I don't trust nor understand their model. @amathenge can tell you if they'll ever make money, he seems to understand them.Too much stuff working against this stock. I SAY CUT YOUR LOSSES!
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