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TPS Serena FY16
obiero
#11 Posted : Tuesday, June 11, 2019 1:51:24 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU


There is good debt and bad debt.Good debt is one that is manageable and will generate higher returns in future.
Bad debt is unmanageable (company will have difficulties repaying it) and with zero returns in future.

Zero return in present

KQ ABP 4.26
obiero
#12 Posted : Tuesday, June 11, 2019 1:55:18 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU

Laughing out loudly Laughing out loudly Laughing out loudly I feel sorry for you. I really do.
Anyway, one of my AGMs is on 14th. I do not plan to go but there's a 45 cent dividend per share to be paid in July.

Hio 45 cents mimi ntakulipa cash.. The ARM accident almost maimed you and now you are still riding in an unroadworthy TPS contraption

KQ ABP 4.26
VituVingiSana
#13 Posted : Tuesday, June 11, 2019 6:56:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU

Laughing out loudly Laughing out loudly Laughing out loudly I feel sorry for you. I really do.
Anyway, one of my AGMs is on 14th. I do not plan to go but there's a 45 cent dividend per share to be paid in July.

Hio 45 cents mimi ntakulipa cash.. The ARM accident almost maimed you and now you are still riding in an unroadworthy TPS contraption

There's 100,000 + interest outstanding. Please use the 45 cents to cover that first.

Let me leave this here. http://www.traveltradejo...-on-1st-september-2018/
Phase 1 looks good.
Phase 2 will be completed by 3Q 2019.
TPSEA will not be a superstar growth stock but at 20/- it should post a decent return.
Did I mention, there's also a dividend?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#14 Posted : Tuesday, June 11, 2019 8:39:45 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU

Laughing out loudly Laughing out loudly Laughing out loudly I feel sorry for you. I really do.
Anyway, one of my AGMs is on 14th. I do not plan to go but there's a 45 cent dividend per share to be paid in July.

Hio 45 cents mimi ntakulipa cash.. The ARM accident almost maimed you and now you are still riding in an unroadworthy TPS contraption

There's 100,000 + interest outstanding. Please use the 45 cents to cover that first.

Let me leave this here. http://www.traveltradejo...-on-1st-september-2018/
Phase 1 looks good.
Phase 2 will be completed by 3Q 2019.
TPSEA will not be a superstar growth stock but at 20/- it should post a decent return.
Did I mention, there's also a dividend?

Mention first your ABP

KQ ABP 4.26
VituVingiSana
#15 Posted : Tuesday, June 11, 2019 9:44:24 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU

Laughing out loudly Laughing out loudly Laughing out loudly I feel sorry for you. I really do.
Anyway, one of my AGMs is on 14th. I do not plan to go but there's a 45 cent dividend per share to be paid in July.

Hio 45 cents mimi ntakulipa cash.. The ARM accident almost maimed you and now you are still riding in an unroadworthy TPS contraption

There's 100,000 + interest outstanding. Please use the 45 cents to cover that first.

Let me leave this here. http://www.traveltradejo...-on-1st-september-2018/
Phase 1 looks good.
Phase 2 will be completed by 3Q 2019.
TPSEA will not be a superstar growth stock but at 20/- it should post a decent return.
Did I mention, there's also a dividend?

Mention first your ABP
No idea. I do not buy/sell/hold based on ABP. I also do not average up or down.

I am a fundamental/qualitative investor. I only look at the CURRENT price juxtaposed with fundamentals but also factor in "trust" in the Management/Board. I try to follow Warren Buffett's lessons.

My approach does not always work out e.g. ARM but overall it works well in the long-term.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#16 Posted : Tuesday, June 11, 2019 10:08:03 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
xxxxx wrote:
@ndugu VVS, This debt thing doesn't work ni Kenya. https://www.businessdail...52214-gybqe3/index.html[/quote]
My lesson from @ARMCEMENT - Stay away from debt infested stocks. Vultures are always circling around them. I hope TPS is not a core holding for you. I say RUN whole you still can.Shame on you Shame on you

@vvs core was ARM, DEACONS, KURWITU

Laughing out loudly Laughing out loudly Laughing out loudly I feel sorry for you. I really do.
Anyway, one of my AGMs is on 14th. I do not plan to go but there's a 45 cent dividend per share to be paid in July.

Hio 45 cents mimi ntakulipa cash.. The ARM accident almost maimed you and now you are still riding in an unroadworthy TPS contraption

There's 100,000 + interest outstanding. Please use the 45 cents to cover that first.

Let me leave this here. http://www.traveltradejo...-on-1st-september-2018/
Phase 1 looks good.
Phase 2 will be completed by 3Q 2019.
TPSEA will not be a superstar growth stock but at 20/- it should post a decent return.
Did I mention, there's also a dividend?

Mention first your ABP
No idea. I do not buy/sell/hold based on ABP. I also do not average up or down.

I am a fundamental/qualitative investor. I only look at the CURRENT price juxtaposed with fundamentals but also factor in "trust" in the Management/Board. I try to follow Warren Buffett's lessons.

My approach does not always work out e.g. ARM but overall it works well in the long-term.

You have skin in the game
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#17 Posted : Tuesday, June 11, 2019 10:52:26 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
My TPSEA dividend has already been earmarked for a weekend at a Serena property.

Unfortunately, I will be out of pocket for the flight given the only NSE-listed airline doesn't believe in paying dividends to shareholders. Well, it would help if I was a shareholder. Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#18 Posted : Wednesday, June 12, 2019 8:57:07 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I am hoping renovations will be done in time for the high season August - December
Life is short. Live passionately.
VituVingiSana
#19 Posted : Wednesday, June 12, 2019 9:03:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#20 Posted : Wednesday, June 12, 2019 8:59:24 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
Life is short. Live passionately.
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