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Kenya Power - what's the latest?
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@Fyatu The problem with kenya power is poor management and a reputation for poor fundamental economics. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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Ericsson wrote:@Fyatu
The problem with kenya power is poor management and a reputation for poor fundamental economics. I totally agree with you @Ericsson. As we progress to the future, things can only get better or get worse. However, it has been said that hope is not an investment strategy...only time can prove us right or wrong. If only GoK will stop looking at state corporations as cash cows to be milked anyhow(read to oil govt. machinery to safeguard incumbency etc) Dumb money becomes dumb only when it listens to smart money
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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Fyatu wrote:Ebenyo wrote:Fyatu wrote:Ebenyo wrote:mlennyma wrote:VituVingiSana wrote: No luck. Anyway, Gichuru was a crook BUT what's worse is that WE aren't doing anything about it. It was Jersey that went after him. very sad to see the share with diarrhoea when quite a number are gaining the market is not happy about the negative cashflow of kshs 7bilion A time to get greedy  . Remember if they charged every of their 6 millions strong customers an average of kshs. 1000 in two consecutive months they will reverse the negative cashflow. This one is my pension scheme. i agree with you @fyatu .The current price is a buy for those who got in at 12.Kenya power is an undervalued stock whose only weakness is Gok mismanagement. Im still re-arranging my portfolio.Im yet to decide my core holding versus lesser holdings.I was buying randomly without any plan between 2015 and last year. This year i decided to be very careful with my buying.Im a long term investor. Can you pliz share your holdings in your portfolio.i know you have kenya power,ARM and the ill fated atlas(sorry for misfortune) Kenya power, TPSE, ARM, FTGH, Kapchorua, Liberty, ATLAS. I sold HFCK and bought KCB early this year after having drinks with my broker who went on and on about how bullish she was with KCB. I bought KCB because of dividends and her(broker) advise. My strategy is dividends and a rich assets(think ARM factories, Kenya Power infrastructure, KCB cash, Kapchorua farms/forests etc).I also derive happiness when i go to my hotel(Mombasa Serena) on Friday evening to find a couple of governors,MPs, Senators and others spending lavishingly or seeing colleagues receiving bills from my utility(Kenya power) or even going to Naivas and head straight to the cosmetic section and ask the attendant whether she will recommend that i purchase Zoe shower gel or some other product etc. I intend to buy Kengen and Safaricom(i dont care about price here) also as a retirement scheme.Offcourse i will continue buying Kenya power, TPS and Kapchorua and perhaps speculate more on FTGH and ARM. One thing i have learnt in my short years in this world is that accumulation = wealth. Huku Mombasa they have a saying that "Ukipanda pantosha, utavuna pankwisha. I want to be a situation where dividends are my subsistence and not the measly salary from my muhindi. Waiter akupee whatever poison you partake in .... Remember to sort the bill on your way out though ...!
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Fyatu wrote:Ebenyo wrote:Fyatu wrote:Ebenyo wrote:mlennyma wrote:VituVingiSana wrote: No luck. Anyway, Gichuru was a crook BUT what's worse is that WE aren't doing anything about it. It was Jersey that went after him. very sad to see the share with diarrhoea when quite a number are gaining the market is not happy about the negative cashflow of kshs 7bilion A time to get greedy . Remember if they charged every of their 6 millions strong customers an average of kshs. 1000 in two consecutive months they will reverse the negative cashflow. This one is my pension scheme. i agree with you @fyatu .The current price is a buy for those who got in at 12.Kenya power is an undervalued stock whose only weakness is Gok mismanagement. Im still re-arranging my portfolio.Im yet to decide my core holding versus lesser holdings.I was buying randomly without any plan between 2015 and last year. This year i decided to be very careful with my buying.Im a long term investor. Can you pliz share your holdings in your portfolio.i know you have kenya power,ARM and the ill fated atlas(sorry for misfortune) Kenya power, TPSE, ARM, FTGH, Kapchorua, Liberty, ATLAS. I sold HFCK and bought KCB early this year after having drinks with my broker who went on and on about how bullish she was with KCB. I bought KCB because of dividends and her(broker) advise. My strategy is dividends and a rich assets(think ARM factories, Kenya Power infrastructure, KCB cash, Kapchorua farms/forests etc).I also derive happiness when i go to my hotel(Mombasa Serena) on Friday evening to find a couple of governors,MPs, Senators and others spending lavishingly or seeing colleagues receiving bills from my utility(Kenya power) or even going to Naivas and head straight to the cosmetic section and ask the attendant whether she will recommend that i purchase Zoe shower gel or some other product etc. I intend to buy Kengen and Safaricom(i dont care about price here) also as a retirement scheme.Offcourse i will continue buying Kenya power, TPS and Kapchorua and perhaps speculate more on FTGH and ARM. One thing i have learnt in my short years in this world is that accumulation = wealth. Huku Mombasa they have a saying that "Ukipanda pantosha, utavuna pankwisha. I want to be a situation where dividends are my subsistence and not the measly salary from my muhindi. TPSE and kapchorua hizo ziko chonjo. Dont put everything in stocks.Weka 30% kwa bonds alafu jaribu real estate na 25%.Wacha stocks ikuwe 45%. That way you protect yourself from shocks. What i was asking was percentage allocation in each of your holdings. Kwa mfano: Tpse-30% kenya power-20% kapchorua-15% ftgh-13% Liberty-12% Atlas- 10% Towards the goal of financial freedom
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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@Ebenyo lets just say i am heavily invested in the market. They say you start by rearing chicken first(stocks), then goats(bonds) and finally cattle(quality real estate). I have adopted a systematic approach to wealth Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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This new competition will be dangerous to kenya power. https://www.businessdail...41034-sw7urmz/index.html Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:@Fyatu
The problem with kenya power is poor management and a reputation for poor fundamental economics. What I fear is going to happen to KenRe... but back to KPLC. It has been bled dry by the group aligned with Godfather #1 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:@Fyatu
The problem with kenya power is poor management and a reputation for poor fundamental economics. What I fear is going to happen to KenRe... but back to KPLC. It has been bled dry by the group aligned with Godfather #1 Filling the negative sh.7.7bn cash flow hole will be a tall order. Add to that the amount they owe Kengen. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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The only spoiler in my portfolio,where was i taking my crooked legs? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:@Fyatu
The problem with kenya power is poor management and a reputation for poor fundamental economics. What I fear is going to happen to KenRe... but back to KPLC. It has been bled dry by the group aligned with Godfather #1 Filling the negative sh.7.7bn cash flow hole will be a tall order. Add to that the amount they owe Kengen. Someone said Gok is waiting for eurobond 2 cash and will give some to kplc.They didnt pay for street lighting program which was a campaign propaganda. Towards the goal of financial freedom
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