Wazua
»
Investor
»
Stocks
»
Centum HY17
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
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%
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,056 Location: Nairobi
|
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
|
|
|
Rank: Member Joined: 10/26/2015 Posts: 151
|
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 
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
|
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
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,056 Location: Nairobi
|
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
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
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
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
"Thetamu" will be announcing its results in a few days now
|
|
|
Rank: Member Joined: 12/11/2006 Posts: 874
|
13th june @ 7.00 a.m “Invest in yourself. Your career is the engine of your wealth.”
|
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
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.”
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
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
|
|
|
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
|
ngapat wrote:13th june @ 7.00 a.m Ah right 2 weeks. Thought it would be 6th or 7th like last year
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: New-farer Joined: 8/21/2017 Posts: 46
|
Slightly over a million bob a day  Life is a beach and I'm just playing in the sand
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,901
|
piedpiper wrote:Slightly over a million bob a day Now i understand some of the massive personal investments he is involved in around Nanyuki. Next $ Billionaire young generation. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
|
Company will die a painful death. Cash flow statement says it all. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Angelica _ann wrote:piedpiper wrote:Slightly over a million bob a day Now i understand some of the massive personal investments he is involved in around Nanyuki. Next $ Billionaire young generation. Normal companies have employees serving the buffet and shareholders eating to their full. Centum employees eat their fill at the buffet while shareholders watch in hunger. Life is short. Live passionately.
|
|
|
Rank: Veteran Joined: 8/10/2014 Posts: 955 Location: Kenya
|
He is making more than Bob Collymore yet Centum's revenues is half of Safaricom's SMS revenues....
|
|
|
Rank: New-farer Joined: 5/22/2016 Posts: 69 Location: Nairobi
|
watesh wrote:He is making more than Bob Collymore yet Centum's revenues is half of Safaricom's SMS revenues....
|
|
|
Rank: Member Joined: 9/12/2008 Posts: 436 Location: illobi
|
Mworia just tweeted saying this is total payout for management team. apparently BD misreported
A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
|
|
|
Rank: Member Joined: 6/15/2013 Posts: 301
|
K22 wrote:Mworia just tweeted saying this is total payout for management team. apparently BD misreported some of our journalists and their rush to print sensational headlines without thorough research in order to sell papers 
|
|
|
Wazua
»
Investor
»
Stocks
»
Centum HY17
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|