Wazua
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Kenya Power HY15 PAT Ksh. 3.8Bn
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Full year 2015/2016 profits will be lower compared to previous year Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/3/2016 Posts: 132
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Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that?
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Wait and see.remember they were petitioning for tariffs to be raised also Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy KEGN, KPLC, KQ, SCOM
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Rank: Member Joined: 3/3/2016 Posts: 132
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mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy That didn't really happen in 2012/13 FY did it? Besides, despite all the headlines, the election cycle is really in the 2017/18 FY.
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Plimsoul wrote:mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy That didn't really happen in 2012/13 FY did it? Besides, despite all the headlines, the election cycle is really in the 2017/18 FY. Remember this is Arap hyena kingdom. Ubako was much strict. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Member Joined: 3/3/2016 Posts: 132
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Gatheuzi wrote:Plimsoul wrote:mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy That didn't really happen in 2012/13 FY did it? Besides, despite all the headlines, the election cycle is really in the 2017/18 FY. Remember this is Arap hyena kingdom. Ubako was much strict. Fair point, different government, different appetite for corruption. Still, you could extend that argument to cover quite a few companies, including KCB where the board are (all?) political appointees. No?
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Plimsoul wrote:Gatheuzi wrote:Plimsoul wrote:mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy That didn't really happen in 2012/13 FY did it? Besides, despite all the headlines, the election cycle is really in the 2017/18 FY. Remember this is Arap hyena kingdom. Ubako was much strict. Fair point, different government, different appetite for corruption. Still, you could extend that argument to cover quite a few companies, including KCB where the board are (all?) political appointees. No? I tend to think KPLC, KENGEN, EAPC and NBK will be the first targets. Given that Mumias, KQ and Uchumi are already broke, there is little to salvage save for peanuts in bailouts that will eventually go to bigger holes. KCB will be raided more easily through bad loans. Again that is just my theory, but if history is anything to go by, we are closer than ever before to that point. People don't just change. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Safaricom has already been raided through the police surveillance project Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:Safaricom has already been raided through the police surveillance project What do you mean? Raided by who? The money is to be refunded beginning this year "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
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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murchr wrote:Ericsson wrote:Safaricom has already been raided through the police surveillance project What do you mean? Raided by who? The money is to be refunded beginning this year Why was it not reflected in the safaricom recent FY report? Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Gatheuzi wrote:Plimsoul wrote:Gatheuzi wrote:Plimsoul wrote:mkate_nusu wrote:Plimsoul wrote:Ericsson wrote:Full year 2015/2016 profits will be lower compared to previous year Why do you think that? someone preparing to siphon their loot for campaign money. GOK firms very fishy That didn't really happen in 2012/13 FY did it? Besides, despite all the headlines, the election cycle is really in the 2017/18 FY. Remember this is Arap hyena kingdom. Ubako was much strict. Fair point, different government, different appetite for corruption. Still, you could extend that argument to cover quite a few companies, including KCB where the board are (all?) political appointees. No? I tend to think KPLC, KENGEN, EAPC and NBK will be the first targets. Given that Mumias, KQ and Uchumi are already broke, there is little to salvage save for peanuts in bailouts that will eventually go to bigger holes. KCB will be raided more easily through bad loans. Again that is just my theory, but if history is anything to go by, we are closer than ever before to that point. People don't just change. Why these GoK controlled firms are not part of my portfolio.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ebenyo wrote:murchr wrote:Ericsson wrote:Safaricom has already been raided through the police surveillance project What do you mean? Raided by who? The money is to be refunded beginning this year Why was it not reflected in the safaricom recent FY report? Payment was to be made in Nov 2016 per the agreement "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
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