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Kirubi is now the largest private shareholder in KPLC
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Sure
#1 Posted : Monday, December 05, 2011 10:08:05 AM
Rank: Member

Joined: 9/9/2010
Posts: 546
Location: Garissa
Kirubi now holds the largest stake in Kenya Power for an individual investor. Its is still under 1% but I hope he does not intend to continue accumulating till he becomes a director at the company.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
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MaichBlack
#2 Posted : Monday, December 05, 2011 10:15:18 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,912
Sure wrote:
Kirubi now holds the largest stake in Kenya Power for an individual investor. Its is still under 1% but I hope he does not intend to continue accumulating till he becomes a director at the company.

He has a long way to go!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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2012
#3 Posted : Monday, December 05, 2011 10:57:49 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
MaichBlack wrote:
Sure wrote:
Kirubi now holds the largest stake in Kenya Power for an individual investor. Its is still under 1% but I hope he does not intend to continue accumulating till he becomes a director at the company.

He has a long way to go!


Not really. The govt. holds about 51% so 1% of the remaining 49 will definitely get his voice heard.

BBI will solve it :)
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MaichBlack
#4 Posted : Monday, December 05, 2011 1:04:36 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,912
2012 wrote:
MaichBlack wrote:
Sure wrote:
Kirubi now holds the largest stake in Kenya Power for an individual investor. Its is still under 1% but I hope he does not intend to continue accumulating till he becomes a director at the company.

He has a long way to go!


Not really. The govt. holds about 51% so 1% of the remaining 49 will definitely get his voice heard.

1/49 * 100 = 2.04%

He owns 2.04% of "the rest of the shares". Still not enough to have your way. Not even close!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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sparkly
#5 Posted : Monday, December 05, 2011 9:33:35 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
MaichBlack wrote:
2012 wrote:
MaichBlack wrote:
Sure wrote:
Kirubi now holds the largest stake in Kenya Power for an individual investor. Its is still under 1% but I hope he does not intend to continue accumulating till he becomes a director at the company.

He has a long way to go!


Not really. The govt. holds about 51% so 1% of the remaining 49 will definitely get his voice heard.

1/49 * 100 = 2.04%

He owns 2.04% of "the rest of the shares". Still not enough to have your way. Not even close!!!


If KPLC had only 100 shareholders in equal share,he would be one of them. Considering GOK's stake, local and foreign institutions, he is doing well...
Life is short. Live passionately.
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QW25081985
#6 Posted : Monday, December 05, 2011 9:39:26 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
why is he buying into kplc ???? i thought kentco , uchumi etc etc etc were enough...
Danger sign ..i think i will start to liquidate ! Laughing out loudly Laughing out loudly
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Sober
#7 Posted : Monday, December 05, 2011 9:57:26 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
He is the larget individual shareholder and not private. In the top ten is Stanchart, CFC, Equity bank and Jubilee insurance nominees who are considered private (not gorvenment owned)
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Sober
#8 Posted : Monday, December 05, 2011 9:59:07 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
QW25081985 wrote:
why is he buying into kplc ???? i thought kentco , uchumi etc etc etc were enough...
Danger sign ..i think i will start to liquidate ! Laughing out loudly Laughing out loudly


Ha hasnt invested in KPLC recently. He was holding 0.369% then improved it to 0.8% during the rights issue.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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www.eastafricanized.com
#9 Posted : Monday, December 05, 2011 11:07:55 PM
Rank: Member

Joined: 2/27/2010
Posts: 109
Location: NAIROBI
I always envy the DJ and still wonder how he got where he is. Luck, Hard work, or what?
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Sure
#10 Posted : Tuesday, December 06, 2011 12:16:40 PM
Rank: Member

Joined: 9/9/2010
Posts: 546
Location: Garissa
Sober wrote:
He is the larget individual shareholder and not private. In the top ten is Stanchart, CFC, Equity bank and Jubilee insurance nominees who are considered private (not gorvenment owned)


He is not the larget individual shareholder, he is the largest individual shareholder. Am not Sober but I love the name.

Take it with a light touch.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
Back to top
WWW
  |
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