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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37%
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Horton wrote:VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37% Let me try and rephrase: 1) Are they in KES? 2) Are they recent loans? [Older loans may have been at lower rates coz the market was "cheaper" at some point] 3) Please exclude non-commercial GoK loans. GoK borrows at higher than 10.2% so any on-lending at below that is a subsidy. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 10/26/2015 Posts: 151
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VituVingiSana wrote:Horton wrote:VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37% Let me try and rephrase: 1) Are they in KES? 2) Are they recent loans? [Older loans may have been at lower rates coz the market was "cheaper" at some point] 3) Please exclude non-commercial GoK loans. GoK borrows at higher than 10.2% so any on-lending at below that is a subsidy. KQ invariably ends up in each thread 
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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MadDoc wrote:VituVingiSana wrote:Horton wrote:VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37% Let me try and rephrase: 1) Are they in KES? 2) Are they recent loans? [Older loans may have been at lower rates coz the market was "cheaper" at some point] 3) Please exclude non-commercial GoK loans. GoK borrows at higher than 10.2% so any on-lending at below that is a subsidy. KQ invariably ends up in each thread Imagine just To settle some scores Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Ericsson wrote:MadDoc wrote:VituVingiSana wrote:Horton wrote:VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37% Let me try and rephrase: 1) Are they in KES? 2) Are they recent loans? [Older loans may have been at lower rates coz the market was "cheaper" at some point] 3) Please exclude non-commercial GoK loans. GoK borrows at higher than 10.2% so any on-lending at below that is a subsidy. KQ invariably ends up in each thread Imagine just To settle some scores @maka brought it up. The real sad bit is that others have to subsidize the huge hole even if they don't benefit an iota from KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:Ericsson wrote:MadDoc wrote:VituVingiSana wrote:Horton wrote:VituVingiSana wrote:maka wrote:VituVingiSana wrote:snipermnoma wrote:Ericsson wrote:Two Rivers seeks Sh2bn to fund real estate plansTwo Rivers Development Limited (TRDL), a company partly owned by investment firm Centum is seeking to raise Sh2 billion through short-term debt to fund its real estate projects. TRDL, whose other shareholders are Aviation Industry Corp of China (Avic), and the Industrial and Commercial Development Corporation, is issuing a one-year note with an interest rate offer of 14.5 per cent. Centum Investments, which owns 58 per cent of TRDL, will guarantee the note Madeni will finish Centum http://www.businessdaily...6510-hj9andz/index.html
If it is a 1 year note why not just get it from a bank e.g. Sidian at the max rate of 14%? Insider lending of this magnitude would attract the attention of CBK... What if they borrowed from another bank?If the company is that stable the rates would definetly be lower than this one year note...If the likes of KQ can get a facility @ 7-8% they should surely enjoy the same...or even 10% thats a whole 450bps. Please let us who is lending to KQ at 8%. Thank you. [In KES, not subsidized by GoK, a loan made today not negotiated when KQ was much healthier] I shall await your answer. Note No. 30 KQ annual report. Their most expensive loan is from GOK @10.20% The rest range from 1.45% to 9.37% Let me try and rephrase: 1) Are they in KES? 2) Are they recent loans? [Older loans may have been at lower rates coz the market was "cheaper" at some point] 3) Please exclude non-commercial GoK loans. GoK borrows at higher than 10.2% so any on-lending at below that is a subsidy. KQ invariably ends up in each thread Imagine just To settle some scores @maka brought it up. The real sad bit is that others have to subsidize the huge hole even if they don't benefit an iota from KQ. It was a very valid question... possunt quia posse videntur
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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"Thetamu" will be announcing its results in a few days now
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Rank: Veteran Joined: 12/11/2006 Posts: 930
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13th june @ 7.00 a.m “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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ngapat wrote:13th june @ 7.00 a.m Been seeing some sell volumes at Ksh 40, 10 or so trading days to results announcement
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Metasploit wrote:ngapat wrote:13th june @ 7.00 a.m Been seeing some sell volumes at Ksh 40, 10 or so trading days to results announcement Seems like a local seller. But there are buyers too
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