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TransCentury Limited in HY15 loss of Ksh. 676Mn
Rank: Chief Joined: 1/3/2007 Posts: 18,350 Location: Nairobi
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Sober wrote: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.... Give a thought to the shareholders of KQ who have suffered even greater losses. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:Sober wrote: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.... Give a thought to the shareholders of KQ who have suffered even greater losses. I am sure some copycats of KQ are reading and following this thread. One of them is known to have burnt beyond recognition. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious. TransCentury KQ Mumias Home Africa Olympia National bank As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi
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Aguytrying wrote:Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious.
TransCentury
KQ
Mumias
Home Africa
Olympia
National bank
As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses.
Management at KQ is solid
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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look  obiero wrote:Aguytrying wrote:Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious.
TransCentury
KQ
Mumias
Home Africa
Olympia
National bank
As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses.
Management at KQ is solid  @obiero your so good on this thing, but, here you forgot to complete your statement by saying... solidly sordid. And thus way, I could not have agreed any better as with Alekis departure  . I wonder what else is cooking there @kq. Tell that to my business partner who bought my pieces at 110/= and you will be quartered there and then.  ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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muandiwambeu wrote:look obiero wrote:Aguytrying wrote:Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious.
TransCentury
KQ
Mumias
Home Africa
Olympia
National bank
As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses.
Management at KQ is solid @obiero your so good on this thing, but, here you forgot to complete your statement by saying... solidly sordid. And thus way, I could not have agreed any better as with Alekis departure . I wonder what else is cooking there @kq. Tell that to my business partner who bought my pieces at 110/= and you will be quartered there and then. Even going without your mascot Buffet, Mumias sugar Ltd has made a stunning turnaround with top notch management instituted . Production is now excess prompting Kenya Sugar Board to cut more than 20% of imports to cover deficit from 10,000 tons to 8000 tons. Though that action of slashing sugar imports is across the industry not forgetting the big idea MSC is the leader the rest/others follow. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Spikes wrote:muandiwambeu wrote:look obiero wrote:Aguytrying wrote:Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious.
TransCentury
KQ
Mumias
Home Africa
Olympia
National bank
As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses.
Management at KQ is solid @obiero your so good on this thing, but, here you forgot to complete your statement by saying... solidly sordid. And thus way, I could not have agreed any better as with Alekis departure . I wonder what else is cooking there @kq. Tell that to my business partner who bought my pieces at 110/= and you will be quartered there and then. Even going without your mascot Buffet, Mumias sugar Ltd has made a stunning turnaround with top notch management instituted . Production is now excess prompting Kenya Sugar Board to cut more than 20% of imports to cover deficit from 10,000 tons to 8000 tons. Though that action of slashing sugar imports is across the industry not forgetting the big idea MSC is the leader the rest/others follow. Are you @Spikes, suggesting we load in MSC shares? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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jerry wrote:Spikes wrote:muandiwambeu wrote:look obiero wrote:Aguytrying wrote:Buffett is truly a genius. Check out this list of stocks with great declines, and then realise that the management of the company is untrustworthy, incompetent or suspicious.
TransCentury
KQ
Mumias
Home Africa
Olympia
National bank
As in even before investing and things going south, by just avoiding these stocks purely coz of the management issue, you save yourself all these losses.
Management at KQ is solid @obiero your so good on this thing, but, here you forgot to complete your statement by saying... solidly sordid. And thus way, I could not have agreed any better as with Alekis departure . I wonder what else is cooking there @kq. Tell that to my business partner who bought my pieces at 110/= and you will be quartered there and then. Even going without your mascot Buffet, Mumias sugar Ltd has made a stunning turnaround with top notch management instituted . Production is now excess prompting Kenya Sugar Board to cut more than 20% of imports to cover deficit from 10,000 tons to 8000 tons. Though that action of slashing sugar imports is across the industry not forgetting the big idea MSC is the leader the rest/others follow. Are you @Spikes, suggesting we load in MSC shares? Oh! Yes. Load as quickly as possible because less than two months from now this stock will begin experiencing support above par value of 2 bob. You will never see it again sub 2kes and most of Wazuans will regret missing great opportunity. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/22/2008 Posts: 2,721
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Danganya toto jinga!!! Yaani Transcentury people think everybody is this stupid, "msijali, just give us 60 days and we will get you 8.1 billion shillings, hakuna shida!!" http://www.businessdaily...-/14tu0yiz/-/index.html
When this default comes, because as sure as the sun will rise tomorrow it will come, it will send shock waves in this market. If you have money now I would hold on to cash until this one has fallen and been dealt with. And don't expect anything from serikali. Kamwana does not like Kibaki's people and these were all Kibaki's men.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@fyatu, are you still averaging down? Get out of dodge while you still can... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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TransCentury Limited in HY15 loss of Ksh. 676Mn
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