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Home Afrika doesnt pay its debts
Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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Share price trading at less than 1 ksh. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know...  Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Ericsson wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know... Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Bank borrowings will kill this nyani. Its amazing that the firm is still listed
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/20/2008 Posts: 503
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Bank borrowings will kill this nyani. Its amazing that the firm is still listed[/quote]
But where are the financial results of this MONKEY?????
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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xxxxx wrote:
Bank borrowings will kill this nyani. Its amazing that the firm is still listed
But where are the financial results of this MONKEY?????[/quote] Top secret! Lol
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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obiero wrote:Ericsson wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know... Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years  Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Bank borrowings will kill this nyani. Its amazing that the firm is still listed Kettle calling the pot black! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:obiero wrote:Ericsson wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know... Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Bank borrowings will kill this nyani. Its amazing that the firm is still listed Kettle calling the pot black! Kettle Grandiose Bugger Obiero John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Spikes wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:sparkly wrote:obiero wrote:Spikes wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Lawsuits are never good for business. Home Afrika doesn't pay its debts! They need to convert debt to equity like another listed firm we know... Which creditors will allow It was made possible in KQ, why not HAFR? Firstly, the government backing in KQ was crucial, without GoK there would be no restructuring at KQ or any other company.. Secondly, it would costs an average of 1B to arrange such a transaction which would eat HAFR profits for the next 100years Wacha kudanganya. No way restructuring local loans less than KShs 1B will cost KShs 1B. Piga hesabu ya bank borrowings and local arrangements ni ngapi Bank borrowings will kill this nyani. Its amazing that the firm is still listed Kettle calling the pot black! Kettle Grandiose Bugger Obiero
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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