wazua Fri, Jan 17, 2025
Welcome Guest Search | Active Topics | Log In | Register

6 Pages«<456
STOCK ALERT. Centum
Options
Previous Topic · Next Topic
mibbz
#101 Posted : Saturday, January 26, 2013 5:54:40 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
anika66 wrote:

infact i believe platinum credit and such institutions are in breech of the CBK lending rule that one cannot repay more than 100% interest on what he/she borrowed and this was a good exit stratergy by the holding comapny. When the new government comes in place such institutions shall have to follow the rules of the game.
Unless centums strategy is to convert platinum to a microfinance then eventually a bank but look at our banking space,the big boys own and protect their turf.....anyway all the best.


Platinum is very popular with civil servants, i remember i took a loan with them once and they had direct access to my payslip coz i used to pay them through my payslip. i think they should follow the American way and give pay day loans or such. they make tons of money coz many people out there are desperate for small quick loans and the amounts they want can shock you. but platinum only focuses on those with payslips. [/quote]


How much interest did you end up paying in comparison to original money borrowed?

problem of giving loans without security of a slip is that there is no way of recovering defaulters then you shall have a lot of good money chasing bad money
Back to top
 Report Abusive | Report SPAM
kryptonite
#102 Posted : Sunday, January 27, 2013 11:48:07 AM
Rank: Member


Joined: 2/1/2010
Posts: 272
Location: Nairobi
dunkang wrote:
anika66 wrote:
Centum reminds me of Enron, by the time they went bust, they were diversified into very many sectors and they were bleeding money due to too much debts. I dont know why centum ceo talks so big each time he opens his mouth but we are not seeing results as shareholders. I have got rid of a good chunk of my centum shares.


Haiya, what to expect next?

Quote:
Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by an institutionalized, systematic, and creatively planned accounting fraud, ...


Innovative accounting...
The harder you work, the luckier you get
Back to top
 Report Abusive | Report SPAM
madebe
#103 Posted : Monday, February 25, 2013 9:07:08 PM
Rank: Member


Joined: 10/7/2010
Posts: 251
Location: nairobi
When will centum learn to keep its shareholders post? By September they had bought CAL BANK in Ghana, by the time they reported 1st half, they should have informed us. When they bought a telecom company shares, they should have told us. At least they told us about platinum.
Back to top
 Report Abusive | Report SPAM
mibbz
#104 Posted : Monday, February 25, 2013 10:07:53 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?
Back to top
 Report Abusive | Report SPAM
ChessMaster
#105 Posted : Monday, February 25, 2013 10:28:20 PM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
mibbz wrote:
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?


Silence is a form of communication especially to shareholders.
Uncertainty is certain.Let go
Back to top
 Report Abusive | Report SPAM
mibbz
#106 Posted : Monday, February 25, 2013 11:28:25 PM
Rank: Member


Joined: 2/18/2011
Posts: 448
ChessMaster wrote:
mibbz wrote:
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?


Silence is a form of communication especially to shareholders.


well hope they also get the communication when they 'forget' to announce the next profit warning...
Back to top
 Report Abusive | Report SPAM
sparkly
#107 Posted : Tuesday, February 26, 2013 1:37:07 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mibbz wrote:
ChessMaster wrote:
mibbz wrote:
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?


Silence is a form of communication especially to shareholders.


well hope they also get the communication when they 'forget' to announce the next profit warning...


2014 is coming so fast and we can't see the huge Balance sheet they promised us. What we see are loans, bonds, speculative investments and creative power point presentations ASiiiiii......
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
ChessMaster
#108 Posted : Tuesday, February 26, 2013 1:54:57 AM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
sparkly wrote:
mibbz wrote:
ChessMaster wrote:
mibbz wrote:
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?


Silence is a form of communication especially to shareholders.


well hope they also get the communication when they 'forget' to announce the next profit warning...


2014 is coming so fast and we can't see the huge Balance sheet they promised us. What we see are loans, bonds, speculative investments and creative power point presentations ASiiiiii......


You could always shift counters.
Uncertainty is certain.Let go
Back to top
 Report Abusive | Report SPAM
hisah
#109 Posted : Tuesday, February 26, 2013 6:47:18 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
www.theeastafrican.co.ke...8/-/fhaugaz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
guru267
#110 Posted : Tuesday, February 26, 2013 8:52:10 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
hisah wrote:
www.theeastafrican.co.ke...8/-/fhaugaz/-/index.html


Are these guys kidding me.. They are starting the project this late? Is Mworia deliberately trying to bankrupt centum?
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
madebe
#111 Posted : Tuesday, February 26, 2013 9:46:18 AM
Rank: Member


Joined: 10/7/2010
Posts: 251
Location: nairobi
Back to top
 Report Abusive | Report SPAM
sparkly
#112 Posted : Tuesday, February 26, 2013 1:14:08 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
guru267 wrote:
hisah wrote:
www.theeastafrican.co.ke...8/-/fhaugaz/-/index.html


Are these guys kidding me.. They are starting the project this late? Is Mworia deliberately trying to bankrupt centum?


Jesus Christ i have now moved this share to my speculative portfolio.

Money is being thrown left right and centre with no indication of where it will be coming from!

I smell an Uchumi.
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
kryptonite
#113 Posted : Tuesday, February 26, 2013 2:33:22 PM
Rank: Member


Joined: 2/1/2010
Posts: 272
Location: Nairobi
sparkly wrote:
guru267 wrote:
hisah wrote:
www.theeastafrican.co.ke...8/-/fhaugaz/-/index.html


Are these guys kidding me.. They are starting the project this late? Is Mworia deliberately trying to bankrupt centum?


Jesus Christ i have now moved this share to my speculative portfolio.

Money is being thrown left right and centre with no indication of where it will be coming from!

I smell an Uchumi.


Sold all my holdings as soon as it hit 15 bob
Bure counter!
The harder you work, the luckier you get
Back to top
 Report Abusive | Report SPAM
sparkly
#114 Posted : Tuesday, February 26, 2013 4:20:15 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kryptonite wrote:
sparkly wrote:
guru267 wrote:
hisah wrote:
www.theeastafrican.co.ke...8/-/fhaugaz/-/index.html


Are these guys kidding me.. They are starting the project this late? Is Mworia deliberately trying to bankrupt centum?


Jesus Christ i have now moved this share to my speculative portfolio.

Money is being thrown left right and centre with no indication of where it will be coming from!

I smell an Uchumi.


Sold all my holdings as soon as it hit 15 bob
Bure counter!


The only reason i retain this counter is because they are exempt from Income Tax on income from investments.

They can thus grow their Balance Sheet faster than any other company, with funds that would otherwise have gone to pay tax.
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
guru267
#115 Posted : Wednesday, February 27, 2013 7:42:08 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
The only reason i retain this counter is because they are exempt from Income Tax on income from investments.

They can thus grow their Balance Sheet faster than any other company, with funds that would otherwise have gone to pay tax.


@sparkly insurance firms pay total tax of 10-12% so you might consider moving there.. Another perk is that they operate under similar business models so you also have rapid balance sheet growth!

#JustAnIdea
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Aguytrying
#116 Posted : Wednesday, February 27, 2013 7:58:59 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
I have decided to only in dividend counters. Its the best measure of seriousNess and health of a company- unless they are absolute comment. Intelligent investor noted there was no significant benefit to shareholders seen in share price growth when firms puport to re-invest dividends
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#117 Posted : Wednesday, February 27, 2013 9:59:44 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Reading an undesirable message from this counter. The bond that was intended to raise KES 5B (including greenshoe option). Initially they issued it via private placement but only achieved to raise KES 3,167,900,000. They run to Wanjiku but only managed to get an additional KES 1B meaning the bond was still undersubscribed at the end of day. Now they are talking of going big in REITS, sale of development rights and whatnots. Worse, this money is being invested left right, ce… aiiii!!!

[url=http://centum.co.ke/news/333-centum-bond-bell-ringing-chairman-speech]Rink[/url]
Back to top
 Report Abusive | Report SPAM
murchr
#118 Posted : Friday, May 31, 2013 5:03:30 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mibbz wrote:
ChessMaster wrote:
mibbz wrote:
With all due respect management of Centum is proving to have a lot of short comings especially concerning reporting and alerting of shareholders...I believe they have the backing of the board as they keep on pulling this stunts....isn't there a unit on communication in business?


Silence is a form of communication especially to shareholders.


well hope they also get the communication when they 'forget' to announce the next profit warning...


He he Laughing out loudly
"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
.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
6 Pages«<456
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 © 2025 Wazua.co.ke. All Rights Reserved.