About 100 million shares may be on sale OTC @sh 50. Net asset value of sh 41/share and eps of sh 4.46 as at 2008. Company has a diversified portfolio of investment,ranging from energy,industrial,to commercial banking. What is your take?

@cnn

sorry,not 1 million but 100 million. It is not the company sellig. Transcentury is providing opportunity to the current shareholders interested in selling some of their shares to do so through an OTC system. At most,100 million shares is my estimate of what may be available. So the money goes to shareholders who may wish to divest. The 10 top shareholders have 62% of the 262 million shares. There hasn't been a secondary market through which shareholders could sell if they so wished. Do you think this as a good buy?

@Stonemimi

v They are still holding on to RVR,a huge letdown so far unless they start building the 4 metre wide rail from Mombasa to Tororo.

v Where is the OTC taking place,what time,and what do you need to qualify.

v I believe it is worth putting some money in Trans-Century even if it is just for kicks…...



>>>>>>It saves you hell if you treat new acquaintances as enemies consistently until each proves otherwise or confirms - Jsanchiazh. >>>>>>>In life,there are three classes of people,those who make things happen,those who watch things happen and those who ask what happened. Where do you fall?

Minimum subsription is ksh 100,000. The agent is D&B

The portfolio looks really good. However,as many would say,the deatils are in the small prints.

Were the company so good with a bright future,the big shareholders wouldn't want out? Remember the trick with IPOs; existing companies only sell you shares after hitting their peak performance and future forecasts show either a plateau or decline. Safaricom,Pakaready,Accesskenya,Mumias anyone? BBW!!