Any one invested in this boodhari mills project?

[theyuusuf143]

http://www.boodharimills.com

[Khalid Ali]

I know a guy who works for them. I was thinking I investing but I want to wait a few more months I need to get to know the board.

[theyuusuf143]

I know a guy who works for them. I was thinking I investing but I want to wait a few more months I need to get to know the board.

I think they are going to close selling shares withing the next 2 months, there is only two more meetings in UK and the Emirates.

[AwRastaale]

I think it’s going to fail.

My rule is never invest in something where operating cost is over 59%.

I think 80% of their operating cost is on raw materials and in my opinion that’s a red flag.

Horn of does not have reliable grain. All you need is one major drought.

I will pass.

[MujahidAishah]

http://www.boodharimills.com

Ilma abusita is part of the company every interesting

But one question where are they going to plant and maintain the gains wadanku waa abaar they want to have 25% of sl wheat sales in year 2. It sounds like a legit investment but with the hardly any rains are they going to be turning that much profit as they expect in year 2/3/4.


Yusuf if you are going to invest 2500 is the minimum I would start with that

[MujahidAishah]

I think it’s going to fail.

My rule is never invest in something where operating cost is over 59%.

I think 80% of their operating cost is on raw materials and in my opinion that’s a red flag.

Horn of does not have reliable grain. All you need is one major drought.

I will pass.

In thier website they said they will be getting grains from Canada what’s going to fail is the water supplier wheat needs constant water.
Also I don’t like thier stragey of mills and farm are nowhere near each other the fields are in Hargeysa/gabiley the mill is in berbera. Imo it should be all in one location cut down on cost they don’t have in the first place

[TheLoFather]

I think it’s going to fail.

My rule is never invest in something where operating cost is over 59%.

I think 80% of their operating cost is on raw materials and in my opinion that’s a red flag.

Horn of does not have reliable grain. All you need is one major drought.

I will pass.

They're going to import 100% of the grains from the Ukraine and apparently have an exclusive deal with a Ukrainian farming and export firm and the exclusive Rights that will prohibit this firm to supply any other business or individuals in Somaliland, Somalia and Djibouti during the length of the contract (not specified ).
But they intend to investing in Somaliland farms and grow and buy home grown grains in the long term.

As for the operating costs, it is not unusual for new manufacturing businesses to have high operation costs during their initial periods of starting operations which naturally comes to decrease and come down as soon as the business puts it's stamp on the market sector it operates.

Though I think Boodhari Mills has a great potential to succeed and become a market leader in the supply and distribution of flour in the Somali territories, What put me off of investing in it is the fact that they have over valued the business by valuing it in excess of $10 million and that is way too much for a business that only existed as an idea with no physical assets and experience in this industry - flour distribution and milling. Plus the fact that they want to raise all of the money needed for costs of establishing the business and building the milling plant through the sale of the shares meaning they're putting no money or little money of their own. And that was the red flag for me.

[theyuusuf143]

http://www.boodharimills.com

Ilma abusita is part of the company every interesting

But one question where are they going to plant and maintain the gains wadanku waa abaar they want to have 25% of sl wheat sales in year 2. It sounds like a legit investment but with the hardly any rains are they going to be turning that much profit as they expect in year 2/3/4.


Yusuf if you are going to invest 2500 is the minimum I would start with that

Intaas casino duba way iga cunta , i have nothing to loose inaan wax dalkeena dani ugu jirto aan wax ku karsado. Shirkadan waxa iiga muuqday dad badan oo sumcad wanaagsan ku dhex leh dalkeena , kulankoodi ugu horeeya Hargeisa waxa kasoo qayb galay mujaahid maxamed xaashi iyo Dr bulxan . Sidoo kale gudigooda hanti dhowrka waxa kamida ina abu site iyo gudoomiyaha komishanka qaranka . Dabkii baxayaa dab lagu qabsadaa ee caashay don't hesitate baan ku odhan lahaa 2500 ama 5000 ku tuuro mashruuca . Maxaa ka fiican hadaad hargeisa ku dubato kimis aad leedahay.

[MujahidAishah]

http://www.boodharimills.com

Ilma abusita is part of the company every interesting

But one question where are they going to plant and maintain the gains wadanku waa abaar they want to have 25% of sl wheat sales in year 2. It sounds like a legit investment but with the hardly any rains are they going to be turning that much profit as they expect in year 2/3/4.


Yusuf if you are going to invest 2500 is the minimum I would start with that

Intaas casino duba way iga cunta , i have nothing to loose inaan wax dalkeena dani ugu jirto aan wax ku karsado. Shirkadan waxa iiga muuqday dad badan oo sumcad wanaagsan ku dhex leh dalkeena , kulankoodi ugu horeeya Hargeisa waxa kasoo qayb galay mujaahid maxamed xaashi iyo Dr bulxan . Sidoo kale gudigooda hanti dhowrka waxa kamida ina abu site iyo gudoomiyaha komishanka qaranka . Dabkii baxayaa dab lagu qabsadaa ee caashay don't hesitate baan ku odhan lahaa 2500 ama 5000 ku tuuro mashruuca . Maxaa ka fiican hadaad hargeisa ku dubato kimis aad leedahay.

Wax ka ficaan maa jiirto lkn like lodoon said they are not putting capital in to this venture but it seems okish to me too much big names are involved for it to be a pyramid scheme like the last one,
I will probably attend the meeting in London let me know when and where..

[original dervish]

Aisha......I got a bridge to sell you if your interested.

[MujahidAishah]

Aisha......I got a bridge to sell you if your interested.

Why would I want a bridge

[original dervish]

Clearly the joke missed you.
PS hold on to that hagbad money.