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Longhorn Publishers FY16
Pesa Nane
#1 Posted : Friday, August 19, 2016 6:22:47 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c


By Order of the Board,
Hon. F.T. Nyammo OGW MBS
Chairman
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Friday, August 19, 2016 6:51:39 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Final Dividend Ksh. 0.35
Payable 30 December 2016
Register closure 30 September 2016
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Friday, August 19, 2016 6:53:23 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
AGM 30 September 2016
Pesa Nane plans to be shilingi when he grows up.
Realtreaty
#4 Posted : Saturday, August 20, 2016 12:16:52 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
Very consistent behavior in this stock.
sparkly
#5 Posted : Saturday, August 20, 2016 12:40:58 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Realtreaty wrote:
Very consistent behavior in this stock.


Explain how the stock is consistent.

This is another stock that will go the Eveready way. Hardcopy publishing becomes redundant, Smart money exits through an IPO listing, Wanjiku screwed.
Life is short. Live passionately.
Jon Jones
#6 Posted : Saturday, August 20, 2016 3:08:13 AM
Rank: Member


Joined: 9/11/2015
Posts: 242
Location: Thika
sparkly wrote:
Realtreaty wrote:
Very consistent behavior in this stock.


Explain how the stock is consistent.

This is another stock that will go the Eveready way. Hardcopy publishing becomes redundant, Smart money exits through an IPO listing, Wanjiku screwed.

Publishing is not printing. They also publish digital copies, so unless you think longhorn prints books...the issue of books being hardcopy or soft copy should not affect the company.
Since men have learned to shoot without missing, I have learned to fly without perching
Pesa Nane
#7 Posted : Friday, October 07, 2016 10:19:26 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
mlennyma
#8 Posted : Friday, October 07, 2016 10:50:19 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
This is centums child without centum it's dead
"Don't let the fear of losing be greater than the excitement of winning."
Pesa Nane
#9 Posted : Friday, October 07, 2016 11:20:44 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
mlennyma wrote:
This is centums child toy without centum it's dead

Pesa Nane plans to be shilingi when he grows up.
winmak
#10 Posted : Friday, October 07, 2016 1:44:18 PM
Rank: Member


Joined: 12/1/2007
Posts: 537
Location: Nakuru
Pesa Nane wrote:
mlennyma wrote:
This is centums child toy without centum it's dead



Wololo...Pray Pray Pray
For investors as a whole, returns decrease as motion increases ~ WB
researchfirst
#11 Posted : Monday, October 10, 2016 9:00:30 AM
Rank: Member


Joined: 2/24/2015
Posts: 154
Location: Nairobi
Longhorn plans to sell its head office for an estimated Sh500 million to finance local and regional expansion. The firm spent Sh155.4 million on building the headquarters. The property is currently valued at Sh230.3 million in the publisher’s books, reflecting capital gains over the years.

http://www.businessdaily...em-0-13f4x7oz/index.html
Ericsson
#12 Posted : Monday, October 10, 2016 9:04:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
And they did a rights issue just recently and raised close to a bn shillings
Where did the money go ama this is another uchumi in the making
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#13 Posted : Monday, October 10, 2016 9:09:40 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Ericsson wrote:
And they did a rights issue just recently and raised close to a bn shillings
Where did the money go ama this is another uchumi in the making

they paid centum debts and centum further took shares without paying a penny
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#14 Posted : Monday, October 10, 2016 9:35:26 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
mlennyma wrote:
Ericsson wrote:
And they did a rights issue just recently and raised close to a bn shillings
Where did the money go ama this is another uchumi in the making

they paid centum debts and centum further took shares without paying a penny

How did Centum get shares without paying a penny? [If shares were issued in exchange for debt owed to Centum then that's OK and not uncommon]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
target1360
#15 Posted : Monday, October 10, 2016 5:53:41 PM
Rank: Member


Joined: 5/14/2014
Posts: 288
Location: nairobi
VituVingiSana wrote:
mlennyma wrote:
Ericsson wrote:
And they did a rights issue just recently and raised close to a bn shillings
Where did the money go ama this is another uchumi in the making

they paid centum debts and centum further took shares without paying a penny

How did Centum get shares without paying a penny? [If shares were issued in exchange for debt owed to Centum then that's OK and not uncommon]


sell offices then start paying rent in an up market location.??????
i dont trust some people.
I find satisfaction in owning great business,not trading them
instinct
#16 Posted : Monday, October 10, 2016 6:25:57 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
how did they finish what they raised in the rights issue in just under a year? or they're expanding to the moon?
VituVingiSana
#17 Posted : Monday, October 10, 2016 8:57:18 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
instinct wrote:
how did they finish what they raised in the rights issue in just under a year? or they're expanding to the moon?

A smart board/management doesn't have a Rights Issue to "store" the money in a bank account. I do not know about Longhorn [I don't trust Nyammo] management/board.

Firms would have loans ready while they plan to raise funds which pay off the loans. "Using" the Rights Money should be easy enough since paying down loans is a no-brainer.

The Centum guys are smart. Do they call the shots at Longhorn?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Pesa Nane
#18 Posted : Monday, October 31, 2016 10:42:02 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
target1360 wrote:

sell offices then start paying rent in an up market location.??????
i dont trust some people.


researchfirst wrote:
Longhorn plans to sell its head office for an estimated Sh500 million to finance local and regional expansion. The firm spent Sh155.4 million on building the headquarters. The property is currently valued at Sh230.3 million in the publisher’s books, reflecting capital gains over the years.

http://www.businessdaily...em-0-13f4x7oz/index.html


No land Sale. Shareholders Veto move at AGM "It was resolved by more than Three-Fourths majority NOT TO PASS the resolutions in relation to the sale of the Company's property known as LR 209/5604"
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#19 Posted : Monday, October 31, 2016 11:13:48 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Pesa Nane wrote:
target1360 wrote:

sell offices then start paying rent in an up market location.??????
i dont trust some people.


researchfirst wrote:
Longhorn plans to sell its head office for an estimated Sh500 million to finance local and regional expansion. The firm spent Sh155.4 million on building the headquarters. The property is currently valued at Sh230.3 million in the publisher’s books, reflecting capital gains over the years.

http://www.businessdaily...em-0-13f4x7oz/index.html


No land Sale. Shareholders Veto move at AGM "It was resolved by more than Three-Fourths majority NOT TO PASS the resolutions in relation to the sale of the Company's property known as LR 209/5604"

By acclamation smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Gatheuzi
#20 Posted : Tuesday, November 01, 2016 6:47:48 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
Angelica _ann wrote:
Pesa Nane wrote:
target1360 wrote:

sell offices then start paying rent in an up market location.??????
i dont trust some people.


researchfirst wrote:
Longhorn plans to sell its head office for an estimated Sh500 million to finance local and regional expansion. The firm spent Sh155.4 million on building the headquarters. The property is currently valued at Sh230.3 million in the publisher’s books, reflecting capital gains over the years.

http://www.businessdaily...em-0-13f4x7oz/index.html


No land Sale. Shareholders Veto move at AGM "It was resolved by more than Three-Fourths majority NOT TO PASS the resolutions in relation to the sale of the Company's property known as LR 209/5604"

By acclamation smile smile smile

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