Desarrolladora Homex, SAB de CV fka DHOXY

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Renee

03/03/17 9:55 AM

Post #166

DHOXY, DHOXQ, DHHXF (all the same company): SEC Suspension for delinquent Financials:

https://www.sec.gov/litigation/suspensions/2017/34-80146.pdf

Order:

https://www.sec.gov/litigation/suspensions/2017/34-80146-o.pdf

MeditatingNow Free

11/05/15 1:23 PM

Post #165

The reverse split was announced several weeks ago. All the creditors are on board with the r/s. Now trades as DHOXD. Every document explaining the details is on file with the BMV Mexican Stock Exchange.

tonyo524

11/04/15 8:19 AM

Post #164

Re: #163: @Renee - Very interesting, Tonyo. If I get a chance

I made a killing on Fannie Mae at 20 cents to current price, and have been watching Geo since 2013, and Homex since last year. Got bored and took my eye off Homex, and missed the spike a couple of weeks ago, so was waiting for a retrace back to the 20 cents range to do a long term hold till the 5 to 15 dollar resistance. But the r/s changes the plan lol.

Mexican housing market has a ways to go, and it may do a drop after the r/s, but I don't expect a serious bull run aby time soon.

They are a year behind our (provided you live in the U.S)economy from what my research tells me. Good luck to you and your future investments!

Renee

11/04/15 8:11 AM

Post #163

Re: #162: @tonyo524 - As I understand it, they had already successfully

Very interesting, Tonyo. If I get a chance I'll read up on the BK PLAN.

Evidently you have followed this case whereas I have only posted the ticker changes, not knowing any of the particulars.

Thanks for drawing my attention to this matter.

tonyo524

11/04/15 7:58 AM

Post #162

Re: #161: @Renee - The Mexican bankruptcy rules are likely different than

As I understand it, they had already successfully emerged from the Convenios Concursales and new shares were issued per the agreement. This r/s is not mentioned in the plan, or at least I haven't seen it.

They have been relisted on the BMV andall seemed business as usual except for the Q on the ADR OTC symbol. That should be coming off soon, but I never like r/s's

http://www.homex.com.mx/ri/index.php

Renee

11/04/15 7:49 AM

Post #161

Re: #160: @tonyo524 - I tend to stay away from r/s in

The Mexican bankruptcy rules are likely different than U.S. bankruptcy rules, where BKs in the U.S. wipe out the equity shareholders by cancelling the share equity(ies). Shareholders then lose everything.

If the DHOXQ Secured Creditors are satisfied with a reverse split it at least allows the current shareholders to retain their share equity, albeit at a one for 10 ratio.

tonyo524

11/04/15 7:43 AM

Post #160

Re: #159: @Renee - Tonyo, a one for 10 reverse split is

I tend to stay away from r/s in general, especially don't like my shares being locked up while I wait for the broker to get the new ones.

This probably would have never dropped down to my 20 cents entry point anyway.

I've been trying to get some GEO, and then last week, they lost there ADR sponsor. Guess it's not in the cards for me to invest in the Mexican housing market lol.

Renee

11/04/15 7:40 AM

Post #159

Re: #158: @tonyo524 - Well that sucks. I was looking for a

Tonyo, a one for 10 reverse split is preferable to share cancellation IF the reverse split satisfies the Secured Creditors.

tonyo524

11/04/15 7:35 AM

Post #158

Re: #157: @Renee - DHOXQ effective Nov 5,2015 will change to DHOXD.

Well that sucks. I was looking for a 20 cents entry, guess I'll be passing completely now. Thanks for the heads up.

Renee

11/04/15 7:32 AM

Post #157

Re: #128: @Renee - HXM delisted from the NYSE to OTC. New

DHOXQ effective Nov 5,2015 will change to DHOXD. One for 10 reverse split. Holders of ADSs will receive one (1) ADS in exchange for each ten (10) ADSs held and surrendered to the Depositary after the Effective Date. The ADS-to-Share ratio will remain unchanged. $0.01 per ADS Cancellation Fee.

http://otce.finra.org/DLSymbolNameChanges

MeditatingNow Free

10/27/15 9:13 PM

Post #155

Total lie from hondaboost. The views expressed are very irresponsible. It is now when things are becoming transparent again. Every detail is open to view on the recently published quarterly reports.

hondaboost Free

10/27/15 1:36 PM

Post #154

Re: #149: @MeditatingNow - This week the BMV, Mexican Stock Exchange, published

DHOXQ is in Bankruptcy in USA, no relation with MEX. All shares will be Cancelled and Wiped out Soon since it filed BK in Arp. 2014 .

JPHilton

10/25/15 9:43 PM

Post #153

Re: #151: @backyards - Do you gys believe that $30 is achievable again?

Not sure... 5 or 10 wouldnt be bad though wish I would have loaded

tonyo524

10/25/15 8:48 PM

Post #152

Re: #151: @backyards - Do you gys believe that $30 is achievable again?

Long term yes. Short term I could see a healthy 15 dollar retrace to resistance.

Mexico's housing and economy still have a ways to go!

backyards

10/25/15 8:20 PM

Post #151

Re: #141: @JPHilton - They done?

Do you gys believe that $30 is achievable again?

tonyo524

10/24/15 12:06 AM

Post #150

Re: #149: @MeditatingNow - This week the BMV, Mexican Stock Exchange, published

Took my eye of for 2 weeks and missed this spike smh. I believe this is just the beginning!

MeditatingNow Free

10/23/15 11:24 PM

Post #149

This week the BMV, Mexican Stock Exchange, published the news HOMEX would be welcomed back into Trading after fulfilling all the requirements imposed in the re-structuring post BK procedures. After discontinued trading in the Mexican Stock Exchange since Feb 2014, it is extraordinary news that the stock price will again be quoted throughout the trading day on the official BMV.

There is an indirect similar correlation to the ADRs traded in the U.S. under DHOXQ. I observed DHOXQ in the U.S. moving in a similar direction as the HOMEX quotes on the BMV website (20 minute delay.) Today, Friday October 23, 2015 was Day 1 of Trading for the new re-structured company after the financial crisis that hit the homebuilders in Mexico a few years back, following the new regulations implemented on government credit subsidies for homebuyers in that country. Before the crisis, Homex was one of the top 3 homebuilders in Mexico. Hopefully, we are now at the ground floor to benefit from the "rebirth" of this company.

According to the requirements of the BMV to re-start trading, the Homex restructuring agreement is now published on the BMV site, together with the Financial Statements of the 2 first quarters of 2015.
https://www.bmv.com.mx/en/issuers/statistics/HOMEX-5981
Once on the BMV official website, Click on any of the light blue horizontal tabs, and you may find valuable information. General navigating data is in English, details are in Spanish.

The official company website for Homex is at http://www.homex.com.mx and holds additional information. However, the BMV site has the latest official Mexican Stock Exchange information.

undtrdr

10/23/15 6:42 PM

Post #148

Re: #147: @undtrdr - New Business Plan Update filed today is the

News just hit the wires and gets better LOL
I guess nobody here was in the courtroom today LMAO
Emerging from bankruptcy!
http://www.businesswire.com/news/home/20151023005987/en/Homex-Announces-Successful-Recapitalization-Restructuring

undtrdr

10/23/15 6:28 PM

Post #147

Re: #146: @undtrdr - I am not so sure about that take

New Business Plan Update filed today is the 'pump' Not gonna be dumping anytime soon WEEEEEEEEEEEE
Click on 'english' top right
Then under 'Investor Kit' click on 'Restructuring Plan'

http://www.homex.com.mx/ri/index.php

undtrdr

10/23/15 3:18 PM

Post #146

Re: #145: @Fedel - Pump and dump. After lunch, the event will

I am not so sure about that take a look at the same company's gains today on the Mexico Stock Exchange up 705%!

I can't find any news but I'd have to say the move is for real
http://www.reuters.com/finance/stocks/HOMEX.MX/key-developments

Fedel

10/23/15 1:16 PM

Post #145

Pump and dump. After lunch, the event will go to 0.40-0.50. Be careful!!!

VMB-1

10/23/15 12:40 PM

Post #144

Re: #143: @mrpickem - Nice mover

Shake n Bakeeee

mrpickem

10/23/15 12:33 PM

Post #143

Nice mover

JPHilton

04/17/15 6:31 PM

Post #142

Re: #136: @Happyme73db - It's like betting the wild horse....

What about a bounce now that they fixed things with govt?

JPHilton

01/05/15 7:29 PM

Post #141

Re: #140: @willlbone - Rolla dolla off a cliff.

They done?

willlbone

11/13/14 12:41 PM

Post #140

Rolla dolla off a cliff.

JPHilton

08/21/14 7:30 PM

Post #139

Everyone gone from Homex?

blulotus

05/27/14 9:26 PM

Post #138

Re: #137: @Happyme73db - Continual uptrend now...

do u think the Q will come off ??

Happyme73db Free

05/15/14 10:54 AM

Post #137

Continual uptrend now...

Happyme73db Free

05/12/14 2:34 PM

Post #136

Re: #135: @JFBroderick - What's the strategy here? Roll the dice

It's like betting the wild horse....

JFBroderick Free

05/12/14 1:08 PM

Post #135

Re: #134: @Happyme73db - Nice day today...

What's the strategy here? Roll the dice and see if they get the protection and can move forward with their projects?

Homex last week filed for bankruptcy protection with a court in its home city of Culiacan, having reached a restructuring agreement with creditors representing more than half of its roughly $2.5 billion of debt. The agreement would allow bondholders and other unsecured creditors to convert their claims into equity, while bank creditors would reopen construction loans to allow Homex to resume work at as many as 61 housing projects.

Happyme73db Free

05/08/14 1:23 PM

Post #134

Nice day today...

Happyme73db Free

05/06/14 11:45 AM

Post #133

Is green a possibility now?

Guynms26

05/05/14 10:42 PM

Post #132

Re: #131: @Guynms26 - So I missed the ticker change?? Is

Nevermind I see the post about the ticker change and delisting.

Guynms26

05/05/14 3:59 PM

Post #131

Re: #130: @hondaboost - Bought at $0.52, now 40% gains.

So I missed the ticker change?? Is HXM finished?

hondaboost Free

05/05/14 10:27 AM

Post #130

Bought at $0.52, now 40% gains.

king888

05/05/14 3:48 AM

Post #129

Re: #127: @stockpick027 - Is this stock dead? I have 1000 shares,

Current shareholders and management would be left with the remaining stock. (7.5% - 20% )

http://www.bloomberg.com/news/2014-05-02/homex-reaches-deal-to-give-unsecured-creditors-most-of-equity.html

Under terms posted on its website, Homex would give unsecured creditors, including bondholders, 80 percent to 92.5 percent of the equity. Current shareholders and management would be left with the remaining stock. Existing secured bridge loans would be serviced with cash from home sales, and “critical suppliers” will be repaid over time, the company said.

Renee

05/02/14 5:13 PM

Post #128

HXM delisted from the NYSE to OTC. New ticker DHOXQ: (bankruptcy)

http://www.otcbb.com/asp/dailylist_detail.asp?d=05/02/2014&mkt_ctg=NON-OTCBB

stockpick027 Free

05/01/14 4:36 PM

Post #127

Is this stock dead? I have 1000 shares, what will happen with my shares? is there any value in my 1000 shares?

Happyme73db Free

04/30/14 9:48 PM

Post #126

Re: #125: @Bustajoy - Yes. At this point. If a stock plunges

Stocks don't always behave the way you expect even with bad news.

Bustajoy

04/30/14 3:11 PM

Post #125

Re: #119: @Bustajoy - Hope you didn't buy in? They just filled

Yes. At this point. If a stock plunges that much in a short period of time, NYSE automatically halts it for a short time to make sure no illegal stuff is going on. It should be back up soon I think.

JFBroderick Free

04/30/14 3:05 PM

Post #124

Re: #119: @Bustajoy - Hope you didn't buy in? They just filled

Nope. I flipped it for a quick profit. So wait, it's halted at .98?

declaes

04/30/14 2:59 PM

Post #123

Re: #117: @Bustajoy - Out for now. Waiting for a little dip

Lucky you...

Guynms26

04/30/14 2:50 PM

Post #122

Wow I just walked in and saw the drop and halt and was wondering what happened! Glad I didn't buy in...YET..... And looks like they are restructuring to get back on track
http://www.advfn.com/nyse/StockNews.asp?stocknews=HXM&article=61535861

Mexican Home Builder Geo Files for Bankruptcy

By Amy Guthrie MEXICO CITY--Mexican home builder Corporación Geo SAB said Thursday it has filed for bankruptcy protection in Mexico with a prearranged restructuring plan it hopes will get the struggling company building again. In a statement, Geo said several bank creditors and bondholders signed off on the plan. Geo said the banks on board are Citigroup's Mexican unit, Banamex; HSBC; Mexican bank Banorte; Santander; Carlos Slim's Inbursa; and BBVA Bancomer. Geo is one of three major Mexican home builders--along with Urbi Desarrollos Urbanos SAB and Desarrolladora Homex SAB--struggling with serious cash restraints amid drastic changes in Mexico's low-income housing sector. The Wall Street Journal reported last week Geo's bankruptcy filing was imminent. The Journal also reported Geo was in talks last week with a creditor group on a $200 million to $300 million loan to fund its restructuring, and that the company had negotiated with its bank lenders to reopen construction lines of financing that were frozen. That funding would help Geo undertake more than 20 projects and essentially restart its construction business, people familiar with the matter said. Geo's debt includes just over $700 million in U.S. dollar-denominated bonds as well as loans from some of Mexico's biggest commercial banks. Last April, Geo stopped making bond payments and fell behind on its loans. In May, Mexico's Infonavit, which originated three-quarters of Geo's mortgage loans, cut off payments to the builder to comply with court orders secured by creditors. --Emily Glazer contributed to this article Write to Amy Guthrie at amy.guthrie@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Bustajoy

04/30/14 2:44 PM

Post #121

Re: #120: @willlbone - Can't find a link for that.

It's in Spanish. Check for homex on Google news. It's now halted too . Jeez

willlbone

04/30/14 2:43 PM

Post #120

Re: #119: @Bustajoy - Hope you didn't buy in? They just filled

Can't find a link for that.

Bustajoy

04/30/14 2:41 PM

Post #119

Re: #118: @JFBroderick - I think tomorrow or late today will be

Hope you didn't buy in? They just filled for bankruptcy. Glad I got out in time. Sorry y'all

JFBroderick Free

04/24/14 10:15 AM

Post #118

Re: #117: @Bustajoy - Out for now. Waiting for a little dip

I think tomorrow or late today will be a good time to enter. HXM is a great ATM.

Bustajoy

04/24/14 10:14 AM

Post #117

Re: #116: @JFBroderick - Killer bounce today! Looking forward to next week.

Out for now. Waiting for a little dip and I am back in.

JFBroderick Free

04/11/14 4:26 PM

Post #116

Re: #115: @Bustajoy - I really hope the credit gets approved. I

Killer bounce today! Looking forward to next week.

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Desarrolladora Homex, SAB de CV fka DHOXY

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Created	04/19/13	Type	Free
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Desarrolladora Homex, S.A.B. de C.V., a vertically integrated home development company, engages in the development, construction, and sale of affordable entry-level, middle-income, and tourism housing in Mexico, as well as affordable entry-level housing in Brazil. As of December 31, 2011, the company had land reserves under title of approximately 79.3 million square meters. It operates in 35 cities located in 22 Mexican states. The company was founded in 1989 and is based in Culiacán, Mexico.

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