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STOCKS TO SELL by yaserbigchair
Rank: New-farer Joined: 2/8/2018 Posts: 73
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Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried 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 wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Well spoken Sir Captain Obiero Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Sidian - Buying MFI, converting into a bank. MFIs growing faster than banks; Longhorn - Listed to sell (not to buy) Vipingo - Buy a farm, convert it into an incentivized city; Lamu Coal Plant - The industrial revolution in England is based on shift from from wood (dwindling wood fuel sources) to coal. Why re-invent the wheel? Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Sidian - Buying MFI, converting into a bank. MFIs growing faster than banks; Longhorn - Listed to sell (not to buy) Vipingo - Buy a farm, convert it into an incentivized city; Lamu Coal Plant - The industrial revolution in England is based on shift from from wood (dwindling wood fuel sources) to coal. Why re-invent the wheel? @sparkly I appreciate the comments but in all honesty Sidian is dying! 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:sparkly wrote:obiero wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Sidian - Buying MFI, converting into a bank. MFIs growing faster than banks; Longhorn - Listed to sell (not to buy) Vipingo - Buy a farm, convert it into an incentivized city; Lamu Coal Plant - The industrial revolution in England is based on shift from from wood (dwindling wood fuel sources) to coal. Why re-invent the wheel? @sparkly I appreciate the comments but in all honesty Sidian is dying! Some will die some will succeed. If rate caps continue, Sidian will die. Life is short. Live passionately.
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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This forum is to help us share information that will help us make good investment decisions to grow and preserve our hard earned money ( small timers, as the big boys are in the know and normally take positions early)' Sometimes, we have ears in some places and the indicators right now is that there is a problem hence the rapid fire sales of investments that you have been seeing.
If you want to compare investment companies, look at Jubilee Holdings, that's would be a good comparison, yes, we mainly look at the insurance section,but they are invested in may sectors.
Please let's not fall in love with a stock ( unless it's your private business where you have full control and don't depend on published accounts).
At the end of the day I am happy when a fellow in this forum makes or saves money.
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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sparkly wrote:obiero wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Sidian - Buying MFI, converting into a bank. MFIs growing faster than banks; Longhorn - Listed to sell (not to buy) Vipingo - Buy a farm, convert it into an incentivized city; Lamu Coal Plant - The industrial revolution in England is based on shift from from wood (dwindling wood fuel sources) to coal. Why re-invent the wheel? If progress was based on always following (outdated) past technology, there would be no mobile phones in Kenya as we would be struggling with more land lines instead of highfalutin wireless technologies. Why can't our next "Safaricom" have renewable energy at its core?
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage. Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming. Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost. Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise. No easy choices! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage. Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming. Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost. Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise. No easy choices! Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! 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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iris wrote:sparkly wrote:obiero wrote:sparkly wrote:RIEK01 wrote:Centum is a sell,very soon people will realise that your core business can't be reporting profits by REVALUATION ( Many plot owners use this model and perceive they care rich).
It's a pity one can compare Warren Buffett to @ KE brokers. One Biwot run successful companies with a top notch team ( check out the directors of say KK versus Centum) and make your own decision.
Finally, where a business is modeled on directors connections, be very cautious. @RiekMachar I don't want to come across as a Centum apologist but Centum is the biggest, most diversified and consistent investment company in East Africa. Most seasoned investors will agree. Compared with Olympia, Car and General, Carbacid, Home Africa, Fig Tree which are the closest to listed investment companies, Centum is way ahead. No one questions Centum past, but what we are worried about here is the future. When a seasoned investor starts selling shares in KCB and buying Sidian Bank,starts buying into a publishing house while GoK is keen to nub educational book-sellers cartels, purchases a 'sisal' plantation in Vipingo while tourism is on a decline, attempts a USD 2B coal deal without any commensurate cashflow.. We are simply worried Sidian - Buying MFI, converting into a bank. MFIs growing faster than banks; Longhorn - Listed to sell (not to buy) Vipingo - Buy a farm, convert it into an incentivized city; Lamu Coal Plant - The industrial revolution in England is based on shift from from wood (dwindling wood fuel sources) to coal. Why re-invent the wheel? If progress was based on always following (outdated) past technology, there would be no mobile phones in Kenya as we would be struggling with more land lines instead of highfalutin wireless technologies. Why can't our next "Safaricom" have renewable energy at its core? 80% of energy in the world is from burning fossil fuels of which 30% is from coal. Coal accounts for 40% of fossil fuels burnt to generate electricity. I surprised you think coal is outdated when our grandmas in the village, learning institutions, tea and coffee industries burn firewood for fuel. Life is short. Live passionately.
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Rank: New-farer Joined: 2/27/2018 Posts: 56 Location: Cambrian Dc
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VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Nuclear is already underway. My only fear for that coal project is that due to corruption and good old neo colonialism we may end up selling most of our 'carbon credits' and the coal power producer will be limited to how much coal they can burn. Does centum have enough cash to undertake the project and take the hit on producing at a limited capacity? If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Centum is run by tenderpreneurs and brokers. The last smart people were the likes of Peter Mwangi,David Owino After what i saw with two rivers,all the best to all who own the shares. Old Mutual controls the shots in Two rivers mall Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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VyaBureSiachi wrote:VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Nuclear is already underway. My only fear for that coal project is that due to corruption and good old neo colonialism we may end up selling most of our 'carbon credits' and the coal power producer will be limited to how much coal they can burn. Does centum have enough cash to undertake the project and take the hit on producing at a limited capacity? Centum will have to partner with others as it did in Two Rivers (AVIC) once the plan is ready i.e. get all the approvals, PPA, etc... I think the PPA is done but the approvals are pending. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Centum is run by tenderpreneurs and brokers. The last smart people were the likes of Peter Mwangi,David Owino After what i saw with two rivers,all the best to all who own the shares. Old Mutual controls the shots in Two rivers mall Centum has done well under Mworia. DJ CK does know how to grease the wheels to get deals done. We have to discount DJ CK's connections going forward. OM controls Two Rivers Mall since it owns 50% vs Centum's effective 28%. That makes complete sense! I "hope" OM/AVIC buys out the 28% Centum owns in Two Rivers Mall Centum needs the cash! 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: 10,684 Location: NAIROBI
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VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Centum is run by tenderpreneurs and brokers. The last smart people were the likes of Peter Mwangi,David Owino After what i saw with two rivers,all the best to all who own the shares. Old Mutual controls the shots in Two rivers mall Centum has done well under Mworia. DJ CK does know how to grease the wheels to get deals done. We have to discount DJ CK's connections going forward. OM controls Two Rivers Mall since it owns 50% vs Centum's effective 28%. That makes complete sense! I "hope" OM/AVIC buys out the 28% Centum owns in Two Rivers Mall Centum needs the cash! Cash to repay the loans they have in excess of sh.10bn Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices! You forgot the most important of them all: Geothermal! - available at least 8,600h per year. Represents 25% of our installed capacity and approx 50% of energy supplied. You cannot discus powering Kenya and leave out Geothermal. That coal Plant is completely unnecessary!
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Rank: Member Joined: 7/7/2009 Posts: 41
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Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices!
Centum is (IMHO) run by smart folks. They must have thought this out. That said, if the plan dies, there will be a loss that Centum will have to recognize. In fact, they should provision for it now and if it comes into being then write it back! Centum is run by tenderpreneurs and brokers. The last smart people were the likes of Peter Mwangi,David Owino After what i saw with two rivers,all the best to all who own the shares. Old Mutual controls the shots in Two rivers mall Centum has done well under Mworia. DJ CK does know how to grease the wheels to get deals done. We have to discount DJ CK's connections going forward. OM controls Two Rivers Mall since it owns 50% vs Centum's effective 28%. That makes complete sense! I "hope" OM/AVIC buys out the 28% Centum owns in Two Rivers Mall Centum needs the cash! Cash to repay the loans they have in excess of sh.10bn Centum has taken a lot of risk, though they have been lucky so far. Unfortunately one wrong turn might bring the company down due to the huge risk and high leverage. DJ CK also needs to be around for them to keep getting the deals Happiness is not the absence of problems, It's the ability to deal with them
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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chiaroscuro wrote:VituVingiSana wrote:Base Load requires the production of a minimum amount of power at all times. Renewables (without the ability to store the power) is usually an unreliable supply 24/7/52. That said, as storage becomes cheaper we should be able to store power during peak production for use during peak usage.
Solar 6am-7pm when the sun is out. Wind - When the wind is blowing. Some areas have almost 24/7 wind but the intensity may vary. Hydo - Needs water and dams. Perhaps we need to use smaller dams and different technology which don't require damming.
Nuclear - Very expensive to set up + risks involved. Plus I do not trust GoK to construct and maintain a nuclear facility. Those buggers will cut corners as they have done with other infrastructure OR inflate the cost.
Coal - Possibly dirty but new tech could reduce the amount of pollution. Coal is falling out of favor, is plentiful and getting cheaper. We should be careful about over-capacity. Thermal - Dirty + expensive as oil prices rise.
No easy choices! You forgot the most important of them all: Geothermal! - available at least 8,600h per year. Represents 25% of our installed capacity and approx 50% of energy supplied. You cannot discus powering Kenya and leave out Geothermal. That coal Plant is completely unnecessary! Geothermal is definitely a huge play for Kenya. We have to tap into it since it is a 24/7 source of power. And considered "clean" Question: What are the losses from transporting power from Olkaria to the Coast? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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