TransCentury had their extraordinary meeting today but nothing has come out in the media or my sources. Any Wazuan out there that attended and would like to fill me in?

Thanks though that didn't come as a surprise!! I think this will be the stock in about 4 years time with the current investments they are making.

with a P/E ration of about 20 this counter can sink further

@genghis how do you then explain the P/E ratios on jubilee and centum of around 4 and yet they have identical projects to TCL except RVR??

IMHO TCL has to fall to a P/E of 4 or Centum and Jubilee will have to rise to a P/E of 20..
Mr market will definitely select one of the above..

Rmbr the difference in P/E ratios between kengen (20) and KPLC (10) that used to exist?? well today the difference is minimal KPLC (8) & Kengen (10)..

In Africa the Chinese run the construction game, I hope the acquisition was not motivated by one huge contract cos Civicon can become a liability in the future...also no word on the cost & financing part or i'm out of the loop?