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TransCentury Limited in HY15 loss of Ksh. 676Mn
Fyatu
#51 Posted : Monday, December 14, 2015 1:02:44 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
mlennyma wrote:
New all time low printed 8.85


Kobole is around the corner......
Dumb money becomes dumb only when it listens to smart money
hisah
#52 Posted : Monday, December 14, 2015 1:18:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
VituVingiSana wrote:
Pesa Nane wrote:
VituVingiSana wrote:
hisah wrote:
The grim reaper still lurks around this counter. That USD bond ($75M) which is redeemable next year (March 2016) is going to pile up forex losses on the bottomline.

Has TCL accrued the interest due? As KES craters vs USD, the loan will balloon. I am waiting and watching TCL crash and burn.



Existing shareholders are screwed. Not on my list of buys!

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mlennyma
#53 Posted : Monday, December 14, 2015 2:17:35 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Exercise caution indeed to the worst not to the best.
"Don't let the fear of losing be greater than the excitement of winning."
muganda
#54 Posted : Friday, January 15, 2016 5:25:25 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
THE GOING GETS TOUGHER!
Surely, this chamaz experiments...


Mike Ock
#55 Posted : Friday, January 15, 2016 5:26:17 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
Gachao Kiuna resigns!

Edit: beaten by 1 minute
Kusadikika
#56 Posted : Friday, January 15, 2016 6:42:17 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
Kimeumana.. He is the son of one of the founders who is also a major shareholder. If he has decided to quit, they must have seen this is unsalvageable.
sparkly
#57 Posted : Friday, January 15, 2016 6:52:50 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kusadikika wrote:
Kimeumana.. He is the son of one of the founders who is also a major shareholder. If he has decided to quit, they must have seen this is unsalvageable.


Things must be elephant. They need some Centum magic.
Life is short. Live passionately.
Pesa Nane
#58 Posted : Friday, January 15, 2016 8:36:11 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Mike Ock wrote:
Gachao Kiuna resigns!

Edit: beaten by 1 minute


Debt nightmares!
Pesa Nane plans to be shilingi when he grows up.
whiteowl
#59 Posted : Friday, January 15, 2016 9:15:46 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
muganda wrote:
THE GOING GETS TOUGHER!
Surely, this chamaz experiments...





This Njiinu guy must be the undertaker. The other guys don't like handling a dead company so they've hired him.
Sober
#60 Posted : Saturday, January 16, 2016 10:30:13 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
whiteowl wrote:
muganda wrote:
THE GOING GETS TOUGHER!
Surely, this chamaz experiments...





This Njiinu guy must be the undertaker. The other guys don't like handling a dead company so they've hired him.


It is traumatizing seeing a company down down with the share price shrinking from 50 bob at the time of listing to a firth of that in 5 years....
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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