NSE TIPS: Home Afrika is headed to the territory or Penny stocks - TopicsExpress

NSE TIPS: Home Afrika is headed to the territory or Penny stocks like Eveready, Mumias etc.. The company gave a profit warning yesterday blaming it on change in Financial reporting... I foresee the share going to below Ksh 4.. HFCK has decided to spoil the party by announcing plans to increase share capital from 236 Million shares to 500 Million shares in what is likely to be a rights issue.. CIC is currently trading at todays maximum price of Ksh 9.80.. Those who bought Co-op bank when i posted here must now start preparing to smile all the way to the bank.. The share is now @ 22.50 headed to 23.. Equity is a sell in my opinion and a certain share which ill only name after taking position is the best buy at the moment... We are African and Africa is our Business..

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