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edwing
#11 Posted : Wednesday, March 24, 2010 7:00:40 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
@mv_ufanisi Transcentury is still in RVR if you saw last evenings news 23/03/2010. That deal gives hope to Centum @ProverB Centum did some borrowing last year after reporting losses and reinvested the money at great prices, but their yet to announce their performance.
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mv_ufanisi
#12 Posted : Wednesday, March 24, 2010 7:30:37 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
@edwing read my post again. Transcentury is still in the deal but Centum, Primefuels, Mirambo & other moniroty shareholders likely sold their stakes to Citadel.
Given that Centum had written this investment off, it will definitely lift their profits.
@ProverB - didn't know that Centum paid such high prices for their stocks! Just unimpressive. If the Kenyan market was expensive they should have diversified and bought Ghana, Botswana, Nigeria or Tunisia stocks on the exchange.
Buying at such high prices is the opposite of buy low sell high. WOW.
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edwing
#13 Posted : Wednesday, March 24, 2010 7:42:33 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
People how much did Centum Get in the RVR deal.
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Wa_ithaka
#14 Posted : Wednesday, March 24, 2010 3:07:58 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Tx for the reminder.
I think it'll definitely have a much better yr than 09 given the subsequent NSE recovery.
That youngblood is doing a good job so far.
The Governor of Nyeri - 2017
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edwing
#15 Posted : Tuesday, March 30, 2010 10:54:05 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
PEOPLE PEOPLE PEOPLE I TOLD YOU ALL I THINK ANYONE WHO TOOK MY ADVICE SHOULD BE LAUGHING ALL THE WAY TO THE BANK AT LEAST AFTER EASTER YOUR ALL WELCOME AND I DO IT FOR FREE.
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edwing
#16 Posted : Tuesday, March 30, 2010 10:57:00 AM
Rank: New-farer

Joined: 1/31/2010
Posts: 23
Location: Nairobi
EXIT 30BOB WHO'S IN.
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wote
#17 Posted : Tuesday, March 30, 2010 11:00:18 AM
Rank: Member

Joined: 10/18/2007
Posts: 217
edwing, i have tens of thousands of this shares could you kindly enlighten me on the investments they made last years.
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2012
#18 Posted : Tuesday, March 30, 2010 11:03:00 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
edwing wrote:
People how much did Centum Get in the RVR deal.


They should get btwn $4.2m to $4.8m

BBI will solve it :)
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Bangkok
#19 Posted : Wednesday, March 31, 2010 4:33:01 AM
Rank: Member

Joined: 4/6/2007
Posts: 31
edwing.

I also have some shares here, but I would be suprised the price go beyond 15 bob. Apart from this RVR deal, there is nothing else to support the higher prices
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RichVee
#20 Posted : Wednesday, March 31, 2010 8:10:37 AM
Rank: Member

Joined: 1/26/2010
Posts: 124
@Bangkok - Centum is already at 15.50. I believe it will rise to about 20. Last year, and being a bad year the peak was around 17. I am hopeful...
Tired of mediocrity. Am going to the very top!
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