Ericsson wrote:The overhanging rights issue will keep the share price low.
After the rights issue of ksh.50bn I expect the share price to trade at the same figure
The fact that you say the price may stay the same after rights sounds right but do u see an over subscribed rights issue ?
With Turkana wind now moving along well and ngong looks like its up dont know if its commissioned the kenyan power production is going to grow. There were concerns over excess production which i for now feel arent necessary to be worried about as the economy grows and need for energy rises i feel itll all be sucked up in good time and even more energy will be needed. Its a utility u cant go wrong unless serious mismanagment and corruption infest it. With what kenya looks like now and the way this is run kudos to Kengen well done . Lets have a compounded first and second quarter and rights in the 3rd to make this stock touch 25 a pop