wazua Sat, Mar 28, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages<1234>»
TransCentury Sells RVR stake to Citadel
Options
Previous Topic · Next Topic
madebe
#11 Posted : Tuesday, April 01, 2014 12:46:33 PM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
trading already suspended
Back to top
  |
dunkang
#12 Posted : Tuesday, April 01, 2014 12:52:55 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
madebe wrote:
trading already suspended

Noticed that and wondered why. I thought the notice came in before start of trading?
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
jerry
#13 Posted : Tuesday, April 01, 2014 1:37:37 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mwekez@ji wrote:
https://www.nse.co.ke/listed-com...ase-sell-of-stake-in-rvr

Statement is unsigned!
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
georgegop
#14 Posted : Tuesday, April 01, 2014 2:19:17 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
TransCentury sells RVR stake to Citadel
Don't Work for Money, Let Money Work for You..
Back to top
  |
georgegop
#15 Posted : Tuesday, April 01, 2014 3:43:02 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Now, good people, how does this deal impact on the Transcentury shares, both in the short and medium term?
Don't Work for Money, Let Money Work for You..
Back to top
  |
Aguytrying
#16 Posted : Tuesday, April 01, 2014 3:54:59 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
georgegop wrote:
Now, good people, how does this deal impact on the Transcentury shares, both in the short and medium term?


eem, rally effective tomorrow morning.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
VituVingiSana
#17 Posted : Tuesday, April 01, 2014 3:57:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
What did they sell the 34% for? That's the million $ question...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
dunkang
#18 Posted : Tuesday, April 01, 2014 4:20:52 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
VituVingiSana wrote:
What did they sell the 34% for? That's the million $ question...

Was Tranny under any pressure to sell?
NO
So, could they have sold at a price not favourable to them?
NO
Is Citadel Group just raising EGP8B (Approx. USD2.5B) for acquisitions (By 8th April 2014)?
YES
Do we really have to wait for the exact figures to know that Tranny have just KILLED IT!?
NO

Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
Fyatu
#19 Posted : Tuesday, April 01, 2014 4:47:29 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Tranny might pull a KORCH tomorrow or whenever it resumes trading
Dumb money becomes dumb only when it listens to smart money
Back to top
  |
mwekez@ji
#20 Posted : Tuesday, April 01, 2014 5:24:13 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
sib today wrote:
... no price was disclosed but the stake was valued at KES 3.8bn in 2012, suggesting a potential transaction value of KES 4-6bn, with an estimated IRR of at least 25%.
Back to top
  |
5 Pages<1234>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.