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Kengen success
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:obiero wrote:@murchr its only you and @sparkly who are members in the Kengen bus.. have a good journey Thank you! we shall enjoy the ride Yes yes this is a digital bus, running on pure Kindaruma power. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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habari ndo hio www.businessdailyafrica..../1/-/o29j0o/-/index.html HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
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Any likely reaction of this to the Kengen counter? Don't Work for Money, Let Money Work for You..
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Rank: Member Joined: 2/8/2007 Posts: 808
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I repeat what I said a while ago, there is equity value destruction underway here. Having said that I am not saying projects Kengen is doing are not worthwhile nor they will not sell the power. This is a company for the state and debt investors. Equity participants would have to wait for too long. 99% of the equity value is in perpetual value, the opposite of what happens to Build Operate Transfer arrangements.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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There is alot of value here;classic example of a company that even though it has debts it still pays dividends,profits still growing. It's also a favourite of institutional investors due to monopolistic nature in the electricity generation Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/3/2007 Posts: 146
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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obiero wrote:the deal wrote:obiero wrote:sparkly wrote:obiero wrote:just like KQ, Kengen is another bluechip firm for the mid to long term investor. returns of upto 100% are not far fetched. thank me later @obiero am with you on this one. Kengen is now my single biggest holding, mostly picked at 8-9 Sh. I sit tight and wait for payday, at leas Sh 25. The day of reckoning is nigh. Kengen has never failed to pay dividend since listing despite what is commented here as far back as 2009. True, the price has stagnated but fact is that it is still terribly undervalued ...this thing is now a SELL...I'm into Kenya Power instead. I sold mine two years ago but I believe those in it for the long term, say 7-10years, stand to reap big. We are now at KES 5.45.. But better days lie ahead. Stay strong. HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control Trailing PE is 1.05. good enough to through caution to the wind,IMO Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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sparkly wrote:obiero wrote:Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control Trailing PE is 1.05. good enough to through caution to the wind,IMO In that case, I have another suggestion for you: Eveready Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:sparkly wrote:obiero wrote:Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control Trailing PE is 1.05. good enough to throw caution to the wind,IMO In that case, I have another suggestion for you: Eveready Stop smoking cheap Weed. No way Kengen compares to Eveready. Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control Trailing PE is 1.05. good enough to throw caution to the wind,IMO In that case, I have another suggestion for you: Eveready Stop smoking cheap Weed. No way Kengen compares to Eveready. '....cheap weed......' hahahahah......ha ha ha ha ..ha ha ha.....ha ha ha ha! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:Ericsson wrote:Obiero Any info you may have from the exchange bar about details of the rights issue. This issue needs to come and pass once and for all I see you are also invested in KENGEN No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control Yes. So weird. It's a shark attack. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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@muandiwambeu Share with us the info you have Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:@muandiwambeu Share with us the info you have A rights issue is a legalized means for managers to shaft existing shareholders. Any attempt to analyze this counter leaves one with a biter taste. The only question that begs an answer is how competitive is Kengen in rewarding capital invested. Ie ROI. my attempt on it has yielded a range of 6:1 all the way 2:1 at 3/= all the way to 5.5/=. At 6:1 post rights price of 3/= WIll be more than five star. Kengen is good at breaking records. And the paining wait continues. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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muandiwambeu wrote:Ericsson wrote:@muandiwambeu Share with us the info you have A rights issue is a legalized means for managers to shaft existing shareholders. Any attempt to analyze this counter leaves one with a biter taste. The only question that begs an answer is how competitive is Kengen in rewarding capital invested. Ie ROI. my attempt on it has yielded a range of 6:1 all the way 2:1 at 3/= all the way to 5.5/=. At 6:1 post rights price of 3/= WIll be more than five star. Kengen is good at breaking records. And the paining wait continues. Break it down in a simple way. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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The exodus......and with volumes(Capitulation) @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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A much clearer cartoon Rising volumes with falling prices. RSI, Bollinger bands all pointing to overselling. @SufficientlyP
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Sufficiently Philanga....thropic wrote:A much clearer cartoon Rising volumes with falling prices. RSI, Bollinger bands all pointing to overselling. @sparkly, hope you are holding out long term. We still have the Oct 2016 date when we review KEGN again. My target is 4/- with the rights issue thrown into the dustbin!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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