Wazua
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Longhorn HY 2016 net profit up 70%
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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This thing was trading lows of 4.80 today,whats the need of buying? some people should just be ignored "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 4/28/2014 Posts: 11 Location: thika
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http://www.businessdaily...0/-/j42b40z/-/index.htmlWe are in aworld where one's success is a misery 4 others
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html What exactly do you mean? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Spikes wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html What exactly do you mean? Man these Centum guys are just buying everything ,now they want chase and longhorn pia
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Rank: Veteran Joined: 7/1/2014 Posts: 923 Location: sky
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psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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enyands wrote:Spikes wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html What exactly do you mean? Man these Centum guys are just buying everything ,now they want chase and longhorn pia Business empire in the making! Mwenye nguvu mpishe. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/7/2012 Posts: 11,921
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littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 9/11/2015 Posts: 245 Location: Thika
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Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. Since men have learned to shoot without missing, I have learned to fly without perching
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin Perfect! Shafting continues. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Spikes wrote:mlennyma wrote:Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin Perfect! Shafting continues. You know one of the major local chief shafters is in here ................. Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Othelo wrote:Spikes wrote:mlennyma wrote:Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin Perfect! Shafting continues. You know one of the major local chief shafters is in here ................. Please give us his tag name. Wazuans would love to greet him. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Spikes wrote:Othelo wrote:Spikes wrote:mlennyma wrote:Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin Perfect! Shafting continues. You know one of the major local chief shafters is in here ................. Please give us his tag name. Wazuans would love to greet him. When was the last time a rights issue had value? Nowadays floating monkeys is the norm.
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Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
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Spikes wrote:mlennyma wrote:Jon Jones wrote:Angelica _ann wrote:littledove wrote:psalms 23 wrote:http://www.businessdailyafrica.com/Corporate-News/Centum-sets-aside-Sh390m-to-buy-majority-stake-in-Longhorn/-/539550/3153450/-/j42b40z/-/index.html Longhorn says it will prioritise debt payment and boosting working capital in using proceeds from the rights issue. The publisher owes Sh100 million to Nabo Capital, a subsidiary of Centum which deals in asset management for institutions and high-net-worth clients. the reason they are trying to hype the share and ensure successful rights issue So centum is basically promoting the rights to recover its own debt owed by Longhorn...I have come to realize that the stock market is a rigged game. meaning longhorn was at pain to pay centum 100m,and may be this nabo capital will still be the advisor for the rights so at the end of the day centum will part with no coin Perfect! Shafting continues. wazuans are super intelligent! Giving through the right hand and taking through the left hand I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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Things are thick,demand drying with sellers looking for any available exit window.....poor timing and the transaction adviser gets his full pay. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 4/24/2014 Posts: 159 Location: Nairobi
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Wazuans ebu nisaidieni hapa. I bought longhorn in 2014 at a whooping 28.25 bob investment of 60600. Then got bonus shares of 3150 . Making 52,520 the total number of shares i own. Now this thing is trading at 4.65 . If i sell now i loose 62,000. If i am eligible for purchase of the rights i will get 5250*0.86 = 4515 shares at 4.20 = 19000.  Will this "dilute" my loss because by the time this share gets to 20 bob it will be forever. Whats the advice of experts here. Money comes and goes. When you have it enjoy it.
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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wannaberich wrote:Wazuans ebu nisaidieni hapa. I bought longhorn in 2014 at a whooping 28.25 bob investment of 60600. Then got bonus shares of 3150 . Making 52,520 the total number of shares i own. Now this thing is trading at 4.65 . If i sell now i loose 62,000. If i am eligible for purchase of the rights i will get 5250*0.86 = 4515 shares at 4.20 = 19000.  Will this "dilute" my loss because by the time this share gets to 20 bob it will be forever. Whats the advice of experts here. Your numbers don't seem to add up - just check them before we give advice.
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Rank: Member Joined: 4/24/2014 Posts: 159 Location: Nairobi
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LONGHORN 2,100 * 28.25 = 60,582.69 Bonus shares 3150 total longhorn shares = 5250 Rights issue shares 5250 * 0.86 = 4515 * 4.20(each) = 18963 ( I think this is how the issue will be calculated) Money comes and goes. When you have it enjoy it.
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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The cost of the shares that you have right now is around 11.50 per share (60,583/5,250). If you were to sell now, say at 4.50, you would lose 36,958/- (60,583-23,625). If you buy the rights (increasing your holding to 9,765 shares) your new cost price per share will be around 8.15 (79,546/9765). If you sell all of them at, say, 4.50 you will lose 35,603 (79,546-43,943). My advice is that if you don't need the money urgently, buy your rights and wait for the price to go above break-even before you sell. Of course if you need the money, then you'll just have to take the hit, if you can find a buyer.
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Longhorn HY 2016 net profit up 70%
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