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TransCentury FY 2013 EPS down 36.1%!!!
murchr
#51 Posted : Sunday, April 20, 2014 3:52:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
TCL got owned in the RVR deal. What a gamble? Thought they've done a number of M&A's to tell when a deal is ripe.

TCL tried to play cowboy, but when gate was opened, a mature bison instead of a calf appeared!? Oops! No were to run, just prayers...

In this case I expect TCL to report a loss in 2014 and the price nosedive is not yet done.

http://www.theeastafrica.../-/jnm7iwz/-/index.html


It almost felt like a movie. Only chess will save us. But i dont think its going to be all rosy for Cidatel, and RVR in particular. Dang! TCL would be very juicy if it transported oil via rail, they now need some serious strategy meeting
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
georgegop
#52 Posted : Friday, May 30, 2014 8:54:30 AM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
TransCentury to cede 2.2pc stake in share swap deal
Don't Work for Money, Let Money Work for You..
VituVingiSana
#53 Posted : Friday, May 30, 2014 10:00:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Now that TCL is out of RVR, we see that GoK is putting the screws on RVR/Citadel since the 'power guys' are now out to snatch the railway/RVR from Citadel without paying them...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Fyatu
#54 Posted : Friday, May 30, 2014 10:45:42 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Drool
Dumb money becomes dumb only when it listens to smart money
Fyatu
#55 Posted : Wednesday, June 18, 2014 2:27:07 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
steady demand for this laggard in the past one month...serious turnover today ama its the share swap with aueros??
Dumb money becomes dumb only when it listens to smart money
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