transCentury selling its shares OTC - Page 4 - Triumph - Wazua

Welcome Guest

Wazua » Groups » Triumph » transCentury selling its shares OTC

transCentury selling its shares OTC

Options

Previous Topic · Next Topic

KulaRaha		#31 Posted : Wednesday, September 30, 2009 6:42:00 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		MainaT,from 1997 to 2003 they did nothing...... from 2003 to 2007 they borrowed like fiends,pumped and dumped EA Cable shares and bought everything in sight. From 2008 to date,they have defaulted on loans and spent all their time fund raising. Its like buying shares in Hosea Kiplagat's company that supplied KPLC poles...where is he now? Business opportunities are like buses,there's always another one coming Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

Mainat		#32 Posted : Wednesday, September 30, 2009 6:53:00 AM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Kularaha- a little OTT with some grains of truth. Its good to be dispassionate when investing though...consider the following EA Cables only has like 20% KPLC supply contract Tanelec/Chai Bora- TZ therefore no real impact from Gen Kig heading 2 othaya Kewberg-SA ditto Development Bank of Kenya - its a small bank If recall information memorandum from the first placement,EA Cables is still the largest piece in the portfolio,,but its now an regional not Kenyan busi. So where is the political risk? Btw,Carol musyoka is a director of TC? www.mjengakenya.blogspot.com Sehemu ndio nyumba
Back to top		\|
User Profile

KulaRaha		#33 Posted : Wednesday, September 30, 2009 7:00:00 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		EA Cables: recently lost their supply contract to KLPC to Metsec. Understand that helped the exit of the Canadian Manager... TZ: largely irrelevant,a small market with no real impact on anything. SA:this I wait to see. After Olympia,I would really love to see these guys in a market where calls to State House dont count (at least not for them). DBK: desperately looking for a buyer. Any buyers?? Anyone?? Please?? RVR: The Achilles Heel Flashcom: hmmmm,cant pay for TEAMS,holding back progress,but still important because of political connections Seven Seas Tech: another one implimenting high tech solutions in low tech enviroments (like ministries,parastatals). Being avoided by the corporate world. Business opportunities are like buses,there's always another one coming Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

Mainat		#34 Posted : Wednesday, September 30, 2009 7:11:00 AM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Correction: EA Cables lost KPLC last yr. DBK is too small. RVR is an issue (hence why we need 2008 to see if TC has written down the cost similar to Centum). www.mjengakenya.blogspot.com Sehemu ndio nyumba
Back to top		\|
User Profile

gathinga		#35 Posted : Wednesday, September 30, 2009 7:39:00 AM
Rank: Veteran Joined: 11/30/2006 Posts: 635		how about Wananchi Online Ltd
Back to top		\|
User Profile

KulaRaha		#36 Posted : Wednesday, September 30, 2009 7:48:00 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Wananchi....issues with cable being run on KPLC poles...anyone with an unpdate on that story? Business opportunities are like buses,there's always another one coming Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

stonemimi		#37 Posted : Wednesday, September 30, 2009 10:44:00 AM
Rank: Member Joined: 5/16/2009 Posts: 145		TCL Top 10 shareholders NameNN DiDirectorship Shareholding (%) James Mungai Gachui Yes 8.4% Peter Tirus Kanyago Yes 7.6% Michael Gitau Waweru No 6.5% Zephaniah Mbugua Yes 6.4% Edward Njoroge No 6.2% Jimnah Mbaru No 6.1% Ndungu Gathinji No 6.0% Ephraim Kareithi Njogu No 5.1% Stephen Waruhiu No 4.8% Peter Mbogua No 4.7% Total 61.8%
Back to top		\|
User Profile

stonemimi		#38 Posted : Wednesday, September 30, 2009 10:59:00 AM
Rank: Member Joined: 5/16/2009 Posts: 145		Kshs ‘000Ppp Group Year ended 31 December 2004 2005 2006 2007 Revenue 1,319,088 2,156,919 4,202,271 Cost of sales (808,714) (1,379,738) (2,816,096) Gross profit 510,374 777,181 1,386,175 Profit from operations 176,582 287,709 935,931 1,190,311 Acquisition premium 41,782 386,792 Net finance costs (11,022) (68,175) (159,685) Profit before tax 176,582 318,469 867,752 1,417,418 Taxation (58,600) (83,942) (138,592) (248,477) Profit after tax 117,982 234,527 729,160 1,168,741 Attributable to: Equity holders 87,912 180,486 620,944 981,978 Minority interest 30,070 54,041 108,216 186,763 Profit for the year 117,982 234,527 729,160 1,168,741
Back to top		\|
User Profile

VituVingiSana		#39 Posted : Thursday, October 01, 2009 6:20:00 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		Cash vs TC Shares today? Stay in cash Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

Mainat		#40 Posted : Thursday, October 01, 2009 6:28:00 AM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		Stonemimi- i take it the yes are those selling some of their holdings. Correct? The real clincher imho,will be the 2008 numbers bcos that is where all investment firms worldwide either had write-downs or so a seriuos downturn in profits. Wananchi was James Gachui's venture,but he hasn't held a controlling stake for a while and is now effectively been sold to Emerging Capital Partners www.mjengakenya.blogspot.com Sehemu ndio nyumba
Back to top		\|
User Profile

6 Pages«<23456>

Wazua » Groups » Triumph » transCentury selling its shares OTC

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.

Watch this topic
Print this topic

Normal
Threaded