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Kenya Power FY2017
Ebenyo
#31 Posted : Sunday, October 29, 2017 11:22:18 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.
Towards the goal of financial freedom
obiero
#32 Posted : Sunday, October 29, 2017 11:34:23 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
mlennyma wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue

Buy...as they wait for 19.50 to wash away their loss you will have doubled your investment,some analysts gave it a solid buy two weeks ago

Exactly! It all depends on the buying price

KQ ABP 4.26
watesh
#33 Posted : Sunday, October 29, 2017 12:23:30 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ebenyo wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.

Never going to happen in near future. My policy is to buy when the dividend yield is among the highest in the market plus make up not more than 5% if my portfolio. Their cashflow is still very bad, they spend waaay more than they bring in so ever dependent on loans.
mlennyma
#34 Posted : Sunday, October 29, 2017 12:30:15 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
watesh wrote:
Ebenyo wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.

Never going to happen in near future. My policy is to buy when the dividend yield is among the highest in the market plus make up not more than 5% if my portfolio. Their cashflow is still very bad, they spend waaay more than they bring in so ever dependent on loans.

as long as it's a government company it's every Kenyan who will pay the loans, just a tariff hike aimed at paying the loans will do and we have no other options
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#35 Posted : Sunday, October 29, 2017 12:32:27 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
mlennyma wrote:
watesh wrote:
Ebenyo wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.

Never going to happen in near future. My policy is to buy when the dividend yield is among the highest in the market plus make up not more than 5% if my portfolio. Their cashflow is still very bad, they spend waaay more than they bring in so ever dependent on loans.

as long as it's a government company it's every Kenyan who will pay the loans, just a tariff hike aimed at paying the loans will do and we have no other options

I like your way of thinking

KQ ABP 4.26
muandiwambeu
#36 Posted : Sunday, October 29, 2017 5:19:01 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
obiero wrote:
mlennyma wrote:
watesh wrote:
Ebenyo wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.

Never going to happen in near future. My policy is to buy when the dividend yield is among the highest in the market plus make up not more than 5% if my portfolio. Their cashflow is still very bad, they spend waaay more than they bring in so ever dependent on loans.

as long as it's a government company it's every Kenyan who will pay the loans, just a tariff hike aimed at paying the loans will do and we have no other options

I like your way of thinking

Bad way of thinking if u are suggesting I use good moni to chase bad money, as my learned from friend would always tell me.
,Behold, a sower went forth to sow;....
Ericsson
#37 Posted : Monday, October 30, 2017 12:48:18 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
watesh wrote:
Ebenyo wrote:
Ericsson wrote:
This company did a rights issue in 2010 at a price of sh.19.
7 years later the share price is at 10.
Wasted investment for those who particpated in the rights issue




Its still a viable investment to long term investors.This company is a monopoly.
If Gok can give up atleast 30% of its 50 percent holding in the conpany,it will have opened way for efficient and proffesional management which will impact very positively on the company growth.

Never going to happen in near future. My policy is to buy when the dividend yield is among the highest in the market plus make up not more than 5% if my portfolio. Their cashflow is still very bad, they spend waaay more than they bring in so ever dependent on loans.


Cashflow very bad.They will soon stop giving out dividend or request for debt restructuring from GOK. KQ/KENGEN style
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#38 Posted : Monday, October 30, 2017 9:50:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
http://www.businessdaily...60862-da4n83/index.html

Data from electricity distributor Kenya Power shows that the peak demand — maximum power ever consumed — shot to 1,710 megawatts in the year ending June 30, a 7.8 per cent rise from 1,586 megawatts a year earlier.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#39 Posted : Thursday, November 02, 2017 1:10:02 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Gatheuzi wrote:
Afroblk wrote:
watesh wrote:
I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend


Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :)

Williamson 10.03%
Bamburi 7.84%
StanChart 6.61%
EA Cables 6.99%

I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh

One of my greatest regrets is not realizing power of dividend investing early in my investing career. If I had followed this strategy I guess I could be quite ahead in the game. My main focus was capital gains which was my earliest success points back then. With time however, I have realized the power of dividend investing strategy especially when combined with dividend re-investing. One of the cons is however that it needs time of at least 10 years for the benefits to be felt. Picking high yield stocks remains key to the success of this strategy as you have put it. There arr however other factors to consider such as payout ratios (should not be too high as to drain the business of future growth). One should also consider the dividend growth rate over a period of about 10 years to determine if the trend is favourable or not.


Dividends are for long term goals while capital gains are for short term goals.It depends with one priorities.
Towards the goal of financial freedom
mlennyma
#40 Posted : Thursday, November 02, 2017 1:31:37 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ebenyo wrote:
Gatheuzi wrote:
Afroblk wrote:
watesh wrote:
I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend


Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :)

Williamson 10.03%
Bamburi 7.84%
StanChart 6.61%
EA Cables 6.99%

I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh

One of my greatest regrets is not realizing power of dividend investing early in my investing career. If I had followed this strategy I guess I could be quite ahead in the game. My main focus was capital gains which was my earliest success points back then. With time however, I have realized the power of dividend investing strategy especially when combined with dividend re-investing. One of the cons is however that it needs time of at least 10 years for the benefits to be felt. Picking high yield stocks remains key to the success of this strategy as you have put it. There arr however other factors to consider such as payout ratios (should not be too high as to drain the business of future growth). One should also consider the dividend growth rate over a period of about 10 years to determine if the trend is favourable or not.


Dividends are for long term goals while capital gains are for short term goals.It depends with one priorities.


i sharply disagree with anyone saying kpc cannot guarantee capital gains, it was trading at around 6 to 6.50 that's good capital gain
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#41 Posted : Tuesday, November 21, 2017 10:55:42 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
http://www.businessdaily...95852-6cemah/index.html

Destroying investor wealth
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
watesh
#42 Posted : Tuesday, November 21, 2017 11:22:55 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ericsson wrote:
http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html

Destroying investor wealth

Lol good idea but I would rather watch from the sidelines first.
jgithige
#43 Posted : Tuesday, November 21, 2017 2:18:04 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
Ericsson wrote:
http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html

Destroying investor wealth


I tend to differ. It will attract bulk consumers which should be encouraged.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
Ericsson
#44 Posted : Tuesday, November 21, 2017 2:23:55 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
jgithige wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html

Destroying investor wealth


I tend to differ. It will attract bulk consumers which should be encouraged.


Which bulk consumers are this.Giving discounts when kenya power is buying at the same rate means the margins of kenya power is reduced.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#45 Posted : Tuesday, November 21, 2017 2:57:26 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
jgithige wrote:
Ericsson wrote:
http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html

Destroying investor wealth


I tend to differ. It will attract bulk consumers which should be encouraged.


Which bulk consumers are this.Giving discounts when kenya power is buying at the same rate means the margins of kenya power is reduced.

there is surplus power during this hours and the move is good incentive if it can increase the volume
"Don't let the fear of losing be greater than the excitement of winning."
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