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Stanlib Fahari I-Reit FY 2019
VituVingiSana
#61 Posted : Monday, April 11, 2022 11:19:46 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,835
Location: Nairobi
ICEA sees value in Fahari at the cheap prices. Skin in the game. I applaud that.

Of course, they may have other plans eg Ndegwas selling their properties to Fahari at "full price" in exchange for discounted shares.

Who remembers their attempt to sell dying Ennsvalley to Unga for shares in Unga?
Then they "convinced" the compromised board to pay 700mn for lousy Ennsvalley.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
littledove
#62 Posted : Tuesday, August 30, 2022 2:35:57 PM
Rank: Member


Joined: 7/1/2014
Posts: 860
Location: sky
did they pay dividend for full year 2021, they declared 0.50 cts but i missed book closure and payment
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
deadpoet
#63 Posted : Tuesday, August 30, 2022 2:55:03 PM
Rank: Member


Joined: 9/27/2006
Posts: 473
littledove wrote:
did they pay dividend for full year 2021, they declared 0.50 cts but i missed book closure and payment


Yeah the paid it back in April I think. This is one stock I'm curious about - this 'cautionary announcement' I think involves the selling of the vacant building, but does it mean other properties will be added? Who knows. I don't know the risk/reward ratio for owning it.
cyruskulei
#64 Posted : Tuesday, August 30, 2022 3:14:45 PM
Rank: Member


Joined: 3/9/2010
Posts: 315
Location: kenya
deadpoet wrote:
littledove wrote:
did they pay dividend for full year 2021, they declared 0.50 cts but i missed book closure and payment


Yeah the paid it back in April I think. This is one stock I'm curious about - this 'cautionary announcement' I think involves the selling of the vacant building, but does it mean other properties will be added? Who knows. I don't know the risk/reward ratio for owning it.



Saw this today on https://live.mystocks.co.ke/rmw.php. Whats happening?
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

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