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TransCentury Limited in HY15 loss of Ksh. 676Mn
VituVingiSana
#61 Posted : Saturday, January 16, 2016 10:59:57 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
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
Spikes
#62 Posted : Saturday, January 16, 2016 2:50:09 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
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.”
Aguytrying
#63 Posted : Saturday, January 16, 2016 10:16:36 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
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
obiero
#64 Posted : Saturday, January 16, 2016 10:18:21 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
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

muandiwambeu
#65 Posted : Saturday, January 16, 2016 11:22:30 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
look Laughing out loudly
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

Shame on you Shame on you @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 departureLiar. 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. Laughing out loudly d'oh!
,Behold, a sower went forth to sow;....
Spikes
#66 Posted : Sunday, January 17, 2016 7:06:20 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
muandiwambeu wrote:
look Laughing out loudly
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

Shame on you Shame on you @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 departureLiar. 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. Laughing out loudly d'oh!


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.”
jerry
#67 Posted : Sunday, January 17, 2016 9:15:51 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Spikes wrote:
muandiwambeu wrote:
look Laughing out loudly
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

Shame on you Shame on you @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 departureLiar. 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. Laughing out loudly d'oh!


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.
Spikes
#68 Posted : Sunday, January 17, 2016 9:34:30 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
jerry wrote:
Spikes wrote:
muandiwambeu wrote:
look Laughing out loudly
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

Shame on you Shame on you @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 departureLiar. 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. Laughing out loudly d'oh!


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.”
Kusadikika
#69 Posted : Monday, January 18, 2016 11:53:49 PM
Rank: Elder

Joined: 7/22/2008
Posts: 2,721
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.

hisah
#70 Posted : Tuesday, January 19, 2016 12:10:54 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@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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