This is like material announcement. On Monday NSE let daily limits free for speculators to crouch in to form a strong plunge protection team-PPT. There will be great munching of the carcass by the vultures/speculators and gnawing of teeth by doves/investors. Expect mammoth feast.

Good for you. Better late than never. This thing still has a lot more downside awaiting and I like your optimism '-76% gain'.

@fyatu.....pole bro.my date with the hangman is awaiting too I am just appealing the case....bloody KQ....Am looking at a heavy loss. I believe if one is a shrude investor making a loss is unavoidable. Risk takers have to fall you can't win all the time.

Pole ndugu. You have been an ardent cheerleader for this stock.
Lessons learnt, now onwards to better gains in sound companies.

Summary of the Top 10 Shareholders

STANDARD CHARTERED NOMINEES AC KE 15615 – 11.5%
ANNE PEARL KARIMI GACHUI – 7.58%
MICHAEL GITAU WAWERU – 7.57%
PETER TIRAS KANYAGO – 5.59%
EPHRAIM KARIITHI NJOGU – 4.47%
GITAU ZEPHANIA MBUGUA – 4.28%
GATH PROPERTIES LIMITED – 3.90%
STANDARD CHARTERED NOMINEE AC KE 12424 – 3.90
ROBIN MUNYUA KIMOTHO – 3.87%
STEPHEN NJOROGE WARUHIU – 3.52%

The only notable top institutional holder is Duet Asset Management with 10.44M shares

big fish feeding on small fish theory

The Capital Markets Authority has asked TransCentury to tell the public how it intends to settle the Sh8 billion debt that falls due in two months.

In October last year, the company announced it would fundraise to refinance the loan or restructure the debt before it became payable.

However, a decision by TransCentury bondholders to refuse a stake in the company threw a spanner into the works as maturity of the Sh8 billion bond draws close.