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Trans Century Limited 2022 - 2025
HaMaina
#1 Posted : Thursday, December 22, 2022 10:15:00 AM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
DtheK
#2 Posted : Thursday, December 22, 2022 8:39:05 PM
Rank: Member


Joined: 2/15/2010
Posts: 108
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
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.
HaMaina
#4 Posted : Saturday, December 24, 2022 9:28:00 AM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
HaMaina
#5 Posted : Saturday, December 24, 2022 9:37:53 AM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
VituVingiSana
#6 Posted : Wednesday, December 28, 2022 9:41:30 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,890
Location: Nairobi
Bonoko
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
HaMaina
#7 Posted : Tuesday, January 03, 2023 11:59:22 AM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
DtheK
#8 Posted : Tuesday, January 03, 2023 2:22:00 PM
Rank: Member


Joined: 2/15/2010
Posts: 108
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.
obiero
#9 Posted : Thursday, January 05, 2023 2:27:07 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,236
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

COOP 5,500 ABP12.6; HF 286,000 ABP 3.49; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
HaMaina
#10 Posted : Monday, January 09, 2023 12:08:47 PM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
HaMaina
#11 Posted : Wednesday, January 11, 2023 9:40:17 AM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
HaMaina
#12 Posted : Monday, January 23, 2023 12:39:26 PM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
VituVingiSana
#13 Posted : Monday, January 23, 2023 2:56:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,890
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
HaMaina
#14 Posted : Tuesday, January 24, 2023 1:31:41 PM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
My 2 cents
#15 Posted : Tuesday, January 24, 2023 5:54:42 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 962
Laughing out loudly
Laughing out loudly There is no money in this economy
Ericsson
#16 Posted : Friday, January 27, 2023 7:48:52 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,555
Location: NAIROBI
My 2 cents wrote:
Laughing out loudly
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
VituVingiSana
#17 Posted : Saturday, January 28, 2023 7:34:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,890
Location: Nairobi
Ericsson wrote:
My 2 cents wrote:
Laughing out loudly
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
HaMaina
#18 Posted : Friday, February 10, 2023 2:44:16 PM
Rank: Member


Joined: 4/23/2014
Posts: 883
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
Angelica _ann
#19 Posted : Monday, February 13, 2023 10:34:11 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,882


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
kediveKed
#20 Posted : Monday, February 13, 2023 3:41:34 PM
Rank: New-farer


Joined: 3/28/2016
Posts: 28
Location: nairobi
Angelica _ann wrote:


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.
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