Tale of Transcentury CEO exit, Sh8b Debt - Page 14 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Tale of Transcentury CEO exit, Sh8b Debt

Tale of Transcentury CEO exit, Sh8b Debt

Options

Previous Topic · Next Topic

mlennyma		#131 Posted : Tuesday, March 15, 2016 4:08:26 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		hisah wrote: Deadline for the bond money is next Friday. Ten days to go and no solid plans in place! This is looking like default. i find those agreeing to give some cash on this company very bold,its value could be less than 2b "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

Kusadikika		#132 Posted : Wednesday, March 16, 2016 4:16:37 PM
Rank: Elder Joined: 7/22/2008 Posts: 2,721		This is all window dressing. This company is dead and the shareholders and management know it. Bond holders say give us 4 billion cash then do rights issue where we convert the rest into equity which means current shareholders end up with a tiny fraction of the company. If you know you are going to lose the company anyway why bother coming up with the 4 billion payment? I am waiting for 25th. This debt is going to default. There is a 1% chance I may be wrong.
Back to top		\|
User Profile

hisah		#133 Posted : Wednesday, March 16, 2016 5:18:16 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		The question is how will global investors handle the TCL eurobond default? What will be the likely effect to NSE foreign inflows post default? NSE bulls walking on thin ice... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

Spikes		#134 Posted : Wednesday, March 16, 2016 5:33:52 PM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		hisah wrote: The question is how will global investors handle the TCL eurobond default? What will be the likely effect to NSE foreign inflows post default? NSE bulls walking on thin ice... A default could be a red herring at NSE for foreign investors. But it wouldn't last for long! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top		\| \| Edit by user: Wednesday, March 16, 2016 5:37 PM \| Reason: Not specified
User Profile

Fyatu		#135 Posted : Friday, March 18, 2016 4:14:46 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		This man also forged tender documents and beat transcentury on the Kengen tender LINK This why Transcentury went to court to challenge the tender offer LINK This is how the judge decided the case LINK Ama kweli, the judiciary is also playing its part in destroying Kenyan companies Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

Fyatu		#136 Posted: : Friday, March 18, 2016 4:29:07 PM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		further reading Link Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

mlennyma		#137 Posted : Friday, March 18, 2016 11:03:04 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Fyatu wrote: This man also forged tender documents and beat transcentury on the Kengen tender LINK This why Transcentury went to court to challenge the tender offer LINK This is how the judge decided the case LINK Ama kweli, the judiciary is also playing its part in destroying Kenyan companies this is kenya,they need a connected mogul to bring in the tenders "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

Boris Boyka		#138 Posted : Saturday, March 19, 2016 10:29:06 AM
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here		Spikes wrote: hisah wrote: The question is how will global investors handle the TCL eurobond default? What will be the likely effect to NSE foreign inflows post default? NSE bulls walking on thin ice... A default could be a red herring at NSE for foreign investors. But it wouldn't last for long! I like how you learn new terms here and apply them almost immediately. "red herring is something that misleads or distracts from a relevant or important issue. It may be either a logical fallacy or a literary device that leads readers or audiences towards a false conclusion" Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top		\|
User Profile

Spikes		#139 Posted : Saturday, March 19, 2016 7:29:02 PM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		Boris Boyka wrote: Spikes wrote: hisah wrote: The question is how will global investors handle the TCL eurobond default? What will be the likely effect to NSE foreign inflows post default? NSE bulls walking on thin ice... A default could be a red herring at NSE for foreign investors. But it wouldn't last for long! I like how you learn new terms here and apply them almost immediately. "red herring is something that misleads or distracts from a relevant or important issue. It may be either a logical fallacy or a literary device that leads readers or audiences towards a false conclusion" I knew these terms long time ago before joining Wazua though is a great experience of refreshing levels of analyses . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top		\|
User Profile

hisah		#140 Posted : Monday, March 21, 2016 11:13:57 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		The week from hell for TCL is here. Let's see how the events play out. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

21 Pages«<1213141516>»

Wazua » Investor » Stocks » Tale of Transcentury CEO exit, Sh8b Debt

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