wazua Sun, Dec 22, 2024
Welcome Guest Search | Active Topics | Log In | Register

3 Pages123>
Trans Century Limited 2022 - 2025
Options
Previous Topic · Next Topic
HaMaina
#1 Posted : Thursday, December 22, 2022 10:15:00 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
I wonder why Trancentury has been so low, yet its just 7 days or 3 working days for the magic to begin. I would be quiet about it but Ive gone broke buying here.

TransCentury Ksh.2.1 billion rights issue to open December 29
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
DtheK
#2 Posted : Thursday, December 22, 2022 8:39:05 PM
Rank: Member


Joined: 2/15/2010
Posts: 129
Location: Kenya
HaMaina wrote:
I wonder why Trancentury has been so low, yet its just 7 days or 3 working days for the magic to begin. I would be quiet about it but Ive gone broke buying here.

TransCentury Ksh.2.1 billion rights issue to open December 29

This is ultra risky when one hasn't seen their books for past year. IM is out http://transcentury.co.ke/userf...tion%20Memorandum(1).pdf
Back to top
 Report Abusive | Report SPAM
sparkly
#3 Posted : Friday, December 23, 2022 3:08:27 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
HaMaina wrote:
I wonder why Trancentury has been so low, yet its just 7 days or 3 working days for the magic to begin. I would be quiet about it but Ive gone broke buying here.

TransCentury Ksh.2.1 billion rights issue to open December 29


Avoid monkeys unless you want to run a zoo
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
HaMaina
#4 Posted : Saturday, December 24, 2022 9:28:00 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
sparkly wrote:
HaMaina wrote:
I wonder why Trancentury has been so low, yet its just 7 days or 3 working days for the magic to begin. I would be quiet about it but Ive gone broke buying here.

TransCentury Ksh.2.1 billion rights issue to open December 29


Avoid monkeys unless you want to run a zoo


Maybe I'm looking at this badly, maybe not. But if I buy 100 shares @ sh 10 = app 1050
Rights @ 5:1
Thus 500shares + 100=600@ksh 1050.
Maybe I'm wrong but at the current prize of 0.8 - 0.99 the future bonus shares are the repayment.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
HaMaina
#5 Posted : Saturday, December 24, 2022 9:37:53 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
sparkly wrote:
HaMaina wrote:
I wonder why Trancentury has been so low, yet its just 7 days or 3 working days for the magic to begin. I would be quiet about it but Ive gone broke buying here.

TransCentury Ksh.2.1 billion rights issue to open December 29


Avoid monkeys unless you want to run a zoo


Maybe I'm looking at this badly, maybe not. But if I buy 100 shares @ sh 10 = app 1050
Rights @ 5:1
Thus 500shares + 100=600@ksh 1050.
Maybe I'm wrong but at the current prize of 0.8 - 0.99 the future bonus shares are the repayment.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#6 Posted : Wednesday, December 28, 2022 9:41:30 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Bonoko
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
HaMaina
#7 Posted : Tuesday, January 03, 2023 11:59:22 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
TransCentury kicks off Sh2 billion share sale running until January 23
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
DtheK
#8 Posted : Tuesday, January 03, 2023 2:22:00 PM
Rank: Member


Joined: 2/15/2010
Posts: 129
Location: Kenya
Kuramo Capital Management LLC, on behalf of its advised funds, has indicated through a letter of intent,
their willingness to support the fundraising process by subscribing to its pro-rata 25% rights up to an
amount of KShs 1.1 billion (USD 10 million) subject to the regulatory approvals. The other shareholders
are expected to follow their rights based on their voting of 87% to support the process during the AGM.

Kuramo believe there's value here, time will tell.
Back to top
 Report Abusive | Report SPAM
obiero
#9 Posted : Thursday, January 05, 2023 2:27:07 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
DtheK wrote:
Kuramo Capital Management LLC, on behalf of its advised funds, has indicated through a letter of intent,
their willingness to support the fundraising process by subscribing to its pro-rata 25% rights up to an
amount of KShs 1.1 billion (USD 10 million) subject to the regulatory approvals. The other shareholders
are expected to follow their rights based on their voting of 87% to support the process during the AGM.

Kuramo believe there's value here, time will tell.

Listed price going below the rights price is a bad omen. Time will tell

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
HaMaina
#10 Posted : Monday, January 09, 2023 12:08:47 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
TransCentury Share Price Rallies on Rights Issuance
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
HaMaina
#11 Posted : Wednesday, January 11, 2023 9:40:17 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
The countdown continues. 9 days to go.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
HaMaina
#12 Posted : Monday, January 23, 2023 12:39:26 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
3 Hours to the end of the 5:1 rights issue. I'll be happy to see how this one goes.Anxious Applause
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#13 Posted : Monday, January 23, 2023 2:56:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
HaMaina wrote:
3 Hours to the end of the 5:1 rights issue. I'll be happy to see how this one goes.Anxious Applause
Liar Liar Liar Dead as a Dodo. Even it it gets all 2bn, there is still an 8bn hole to fill.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
HaMaina
#14 Posted : Tuesday, January 24, 2023 1:31:41 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
TransCentury extends Sh2 billion cash call to February 3
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
My 2 cents
#15 Posted : Tuesday, January 24, 2023 5:54:42 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,066
Laughing out loudly
HaMaina wrote:
TransCentury extends Sh2 billion cash call to February 3

Laughing out loudly There is no money in this economy
Back to top
 Report Abusive | Report SPAM
Ericsson
#16 Posted : Friday, January 27, 2023 7:48:52 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
My 2 cents wrote:
Laughing out loudly
HaMaina wrote:
TransCentury extends Sh2 billion cash call to February 3

Laughing out loudly There is no money in this economy


Money is there but Transcentury is not a worthwhile investment.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Friday, January 27, 2023 12:41 PM | Reason: Not specified
VituVingiSana
#17 Posted : Saturday, January 28, 2023 7:34:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Ericsson wrote:
My 2 cents wrote:
Laughing out loudly
HaMaina wrote:
TransCentury extends Sh2 billion cash call to February 3

Laughing out loudly There is no money in this economy


Money is there but Transcentury is not a worthwhile investment.
Agreed. So many better options even among the bandia firms eg FTGH
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
HaMaina
#18 Posted : Friday, February 10, 2023 2:44:16 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
President Ruto picks TransCentury chair to head CAK board
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
Angelica _ann
#19 Posted : Monday, February 13, 2023 10:34:11 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
HaMaina wrote:
President Ruto picks TransCentury chair to head CAK board


Their fortunes may turn back to the glory days of Baba Jimmy at the helm.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
 Report Abusive | Report SPAM
kediveKed
#20 Posted : Monday, February 13, 2023 3:41:34 PM
Rank: New-farer


Joined: 3/28/2016
Posts: 37
Location: nairobi
Angelica _ann wrote:
HaMaina wrote:
President Ruto picks TransCentury chair to head CAK board


Their fortunes may turn back to the glory days of Baba Jimmy at the helm.


Interesting. But how do you suppose Trancentury's fortunes will change? in my understand, CAK's role is merger control and consumer protection.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
3 Pages123>
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 © 2024 Wazua.co.ke. All Rights Reserved.