Anyone with an idea where they are putting the money they want to raise? Someone told me that he got info from reliable sources that they intend to 'upgrade' RVR. Any truth in this?

Experience is what you get when you don't get what you want.

@KulaRaha;

The moved into EAC,made it more profitable...price jumped to the sky.....then it dropped [after split]....they are still in the company

Surely,that is not pumping and dumping...

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

@Kularaha,I appreciate your contribution however in regard to TLC doing nothing between 1997 to 2002,it obvious. Who other than Kabarak enterpises did? 2007 was a very good year for many I believe and the succeeding one a bad one for obvious reasons.

Does anyone know if TLC gambled in foreign markets and to what extent?
Cheers!

Mukiha

Pumping up the price of shares you own does not mean you have to sell them. This can also be done to increase the value of collateral thus allowing you to borrow more. Duh!




Business opportunities are like buses,there's always another one coming

@mainaT

TC's year ends on 31st Dec. Why doy you think the 2008 results are not yet released. What do you think of a company aiming at listing,and taking this long to release their results? Could they be cooking the figures so as to appear good.

Kula***, note TC has now pulled out of trying to raise cash and won't even list next yr.

I ignored the TCL "onyango twende choo" because of a gut feeling that this is a bit from the Merali-script; too much hype until he exits then kaboom! Empty shell. But where is the profit and growth gonna come from? An industry dominated by cheaper Chinese imports?

In fact at the moment I still cannot understand how their profits grow in leaps and bounds when the subsidiaries are not making money? And how many years are left on the RVR concession? Anyone here analyzed subs and holding to see if the profitability growth adds up please?

Ai, a-a. Nanunuka kama curry-merali speshal ;)

P.S:
Please please don't insult Equity by comparing it to TCL. Equity was/is in a profitable growth sector, and has grown profits consistently since the 80's.

according to yesterdays buisness daily the c.eo said they plan to launch in the alternative market segment due to the fact it is less strenous as compared to active counter they also indicate they would close their books by next week to allow cdsc to do its work b4 listing my question is that they should by now have their 2010 results out and audited i think they are hiding smthng the ipo may be worse than eveready by the events of things.