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EA Cables and Transcentury FY 2018
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Metch
#61 Posted : Tuesday, March 03, 2020 1:14:57 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
KaunganaDoDo wrote:
mwekez@ji wrote:
VituVingiSana wrote:
EA Cables cedes assets to Ecobank

https://www.businessdailyafrica....476092-1o30na/index.html


I thought this is a reason to warrant suspension of the counter from trading at NSE



IT IS


What exactly has the receiver taken over?
Are they now running the firm?
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RIEK01
#62 Posted : Tuesday, March 03, 2020 1:36:11 PM
Rank: New-farer

Joined: 2/8/2018
Posts: 73
Specific plant and machinery, in this case if we are to use the analogy of a car, then a vital part of the plant would be the whole or part of the engine.
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Ericsson
#63 Posted : Thursday, July 09, 2020 9:29:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Metch
#64 Posted : Thursday, July 09, 2020 9:48:22 AM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...
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Metch
#65 Posted : Thursday, July 09, 2020 9:53:47 AM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning
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VituVingiSana
#66 Posted : Thursday, July 09, 2020 9:59:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Metch wrote:
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning
I saw the TCL Notice. Nothing from Cables but they are joined at the hip so it might be a matter of time.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#67 Posted : Thursday, July 09, 2020 10:04:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Metch wrote:
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning
I saw the TCL Notice. Nothing from Cables but they are joined at the hip so it might be a matter of time.


Reasons given for delisting;

--it will help fast track decision making process
--Reduced liquidity in the NSE
--Increase in funding sources for private non listed entities
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
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Receptor
#68 Posted : Friday, July 10, 2020 12:07:26 PM
Rank: Member

Joined: 7/1/2019
Posts: 119
Metch wrote:
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning


Just to quote one of the founding wazees with considerable stake in TCL.....


fair value = 28 bob
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VituVingiSana
#69 Posted : Friday, July 10, 2020 12:25:28 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Receptor wrote:
Metch wrote:
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning


Just to quote one of the founding wazees with considerable stake in TCL.....


fair value = 28 bob
Was that before or after they defaulted on their bond payments?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Receptor
#70 Posted : Friday, July 10, 2020 12:30:56 PM
Rank: Member

Joined: 7/1/2019
Posts: 119
VituVingiSana wrote:
Receptor wrote:
Metch wrote:
Metch wrote:
Ericsson wrote:
Transcentury has began the process of delisting from the NSE.
Shareholders to ratify at the EGM on 30th July 2020


Link please...


Delisting TCL only or is CABL also leaving the market?
TCL is up 10% this morning


Just to quote one of the founding wazees with considerable stake in TCL.....


fair value = 28 bob
Was that before or after they defaulted on their bond payments?


It was last year at Sigona Golf club when doing my side hustle as caddie
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