tony stark wrote:ngapat wrote:@25, my valuation
Based on what book value, earnings ??
The price OTC a few weeks ago before they closed the book at Dyer and Blair was
50- 60 bob.Can you explain how you came to this value? Ama it was your gut(duodenum, ileum, stomach or rectum) feeling?
@ VVS im also waiting this out. Can not get a handle on the value of this company and with diversification into Africa this guys can cook the books and value the company holding at a huge premium. History of political patronage, the messed up RVR deal and now the gover is building a rival railway.... Nikubaya.
That is only in Kenya what happening to their holdings in other countries. I learned a lesson from Olympia I still need more info.
I think this is an over valuation although it depends on the number of shares issued.
I remember equity did the same thing with their Introductory price it was around 70/- 75/= there I cant remember but given its future prospects it quickly appreciated in price.
Now lets use layman language to analyze Transentury.
RVR -Loss making venture last yr the company pumped more than 600m into it and it disappeared into thin air.
EAC - well last yrs profits were a disappointment.
Engineering - performing averagely with stiff competition from Asian countries.
Others - Their chai products are selling well but its not their main line of business while real estate is mostly tied in debts.(the last time I checked)
so can someone please enlighten us on why I should buy this stock above 20/=(No valuation done to come with this value)
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3