Wazua
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Transcentury IPO
Rank: Member Joined: 7/12/2011 Posts: 194
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Sufficiently Philanga....thropic wrote:Why 12th Aug? Is that when u expect them to announce their H1 results?
I'd advise u keep ua money until the day the market will start and u see a buy order of 1m shares and no supply. That's the time to take the plunge,IMHO! On a light note this one: How will he take the plunge with no supply? 
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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kenyainvestor wrote:Sufficiently Philanga....thropic wrote:Why 12th Aug? Is that when u expect them to announce their H1 results?
I'd advise u keep ua money until the day the market will start and u see a buy order of 1m shares and no supply. That's the time to take the plunge,IMHO! On a light note this one: How will he take the plunge with no supply? @Kenyainvestor, good one! Atleast he'll know that the time is ripe! @SufficientlyP
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Rank: Member Joined: 4/18/2009 Posts: 118
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Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20?
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Renegade wrote:Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20? At below 40 the security will lie in the fact that there will be no supply. We will see scenario where a week may elapse without trading. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sober wrote:Renegade wrote:Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20? At below 40 the security will lie in the fact that there will be no supply. We will see scenario where a week may elapse without trading. Below 40, the ATS will start 'failing'. This is a PPT stock, they won't allow those sellers to ruin their game... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 7/12/2011 Posts: 194
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Renegade wrote:Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20? Going sub 40 will not come as a surprise to many, me included
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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hisah wrote:Sober wrote:Renegade wrote:Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20? At below 40 the security will lie in the fact that there will be no supply. We will see scenario where a week may elapse without trading. Below 40, the ATS will start 'failing'. This is a PPT stock, they won't allow those sellers to ruin their game... It will be hard to control. Imagine a scenario where the counter does not trade and when it does only a 100 shares deal is through with a 10% dip in price. On the next trading the highest it can do is the ten percent of the smaller price. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 7/12/2011 Posts: 194
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kenyainvestor wrote:Renegade wrote:Wazuans, is there any good reason for Tranny not to fall below the conversion price of 40. If not can we expect that below 40 it will be a free fall perhaps down to 20? Going sub 40 will not come as a surprise to many, me included Now that we've got there, will it hold above 35?
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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The only hope to avoid the downswing for this counter is if it fails to trade, the price will continue dipping as the bourse has no support level for this counter. How about waiting for it at 25 beginning of september. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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Dilution;under the company's,convertible bonds programme,6.9 million more shares to be listed by TCL at the NSE....today's Nation.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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cnn wrote:Dilution;under the company's,convertible bonds programme,6.9 million more shares to be listed by TCL at the NSE....today's Nation. Its time this stock trades at 20bob.. I cant wait for BRITAK at 6bob Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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cnn wrote:Dilution;under the company's,convertible bonds programme,6.9 million more shares to be listed by TCL at the NSE....today's Nation. Now I see why PPT let this stock sink below 40... Those that bought @60 well... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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and 19bob is caling to Trans Century louder & louder each day.. the guys who were chasing this thing at 57 bob must be kicking themselves where the sun don shine.. What would possess me to buy TC over centum or britak over JUB?? must be some really high class demons... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Sober wrote:The only hope to avoid the downswing for this counter is if it fails to trade, the price will continue dipping as the bourse has no support level for this counter.
How about waiting for it at 25 beginning of september. and there comes my prayer.. a month later. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 8/16/2011 Posts: 2,360
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 When you dig a hole out you might be filling another or making a mountain! IPOs are best for a good company that has good prospectus and take time to rise slowly and is capable of delivering dividends at first FY. This was a stock I never like from the time Go when I remembered East African cables share hit 540 on politics  Kenyan Insider wrote:Guys, if you had the opportunity to get in on this action before the listing would you take it?
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Were these guys really serious pricing a stock i now value at 3 bob, after making only 58M in their H1 PAT,at 50 bob? Talk about daylight robbery! PPT 2: Wanjiku 1 @SufficientlyP
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Rank: Member Joined: 7/12/2011 Posts: 194
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TransCentury Limited’s (TCL) shares touched a new low of Kshs. 23.00 in trading at the Nairobi Securities Exchange (NSE) on Tuesday January 17th 2012 after trading 1,800 shares. The share eventually closed at Kshs. 23.50. This represents a 53% drop from the introductory price of Kshs. 50.00 on July 14th 2011. Soon after the listing, the share touched a high of Kshs. 60.00, but has been on a swift downward spiral since then. In light of this development, I undertook a review of the company and its operations LINK: TRANSCENTURY LIMITED REVIEW
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Rank: Member Joined: 7/12/2011 Posts: 194
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Sufficiently Philanga....thropic wrote:Were these guys really serious pricing a stock i now value at 3 bob, after making only 58M in their H1 PAT,at 50 bob?
Talk about daylight robbery!
PPT 2: Wanjiku 1 The Plunge Protection team, as @hisah calls 'the boys', could not aid this one from its rapid decline, as was the case for Britak.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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kenyainvestor wrote:Sufficiently Philanga....thropic wrote:Were these guys really serious pricing a stock i now value at 3 bob, after making only 58M in their H1 PAT,at 50 bob?
Talk about daylight robbery!
PPT 2: Wanjiku 1 The Plunge Protection team, as @hisah calls 'the boys', could not aid this one from its rapid decline, as was the case for Britak. Those who bought at 50 were buying hot air. How do you buy a share with PE > 50? and no history? Life is short. Live passionately.
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