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STOCKS TO SELL by yaserbigchair
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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sparkly wrote: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.  Profit down close to 70%. May God restore DJ CK https://www.standardmedi...t-drops-to-sh2-7-billion
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:sparkly wrote:iris wrote:sparkly wrote:obiero wrote:sparkly wrote:[quote=RIEK01]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. Profit down close to 70%. May God restore DJ CK https://www.standardmedi...-drops-to-sh2-7-billion[/quote] @Obiero i warned vvs Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards Dear @Obiero, I know it's a bit tough to understand some of these things. Centum (& partners) is taking on PROJECT DEBT but not debt at the "parent" level for the Coal Plant. With a PPA in place, GoK/KPLC is on the hook [see LTWP] for the payments for production and capacity. Centum isn't KQ. Not yet anyway Where did you get the $2.1bn from? [It's $500mn Equity + $1.5bn Debt with Centum owning just a portion of the project] Sincerely, VVS 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: 18,347 Location: Nairobi
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Ericsson wrote:obiero wrote:sparkly wrote:iris wrote:sparkly wrote:obiero wrote:sparkly wrote:[quote=RIEK01]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. Profit down close to 70%. May God restore DJ CK https://www.standardmedi...-drops-to-sh2-7-billion[/quote] @Obiero i warned vvs Socks or Stocks. Don't stress for me. I am more worried about KenRe with the thieves in charge. Don't forget the naysayers for KenolKobil. Ohana said KK expects to make RECORD profits (PAT) in FY 2018 despite the rising oil prices. If Centum executes well, the profits over the next 5 years will be mouth-watering. THAT SAID, I WILL KEEP MY EYES OPEN and GET OUT IF I GET UNCOMFORTABLE. I AM NOT GOING TO WAIT FOR "OPEN OFFERS" and ALL THAT JAZZ/HYPE. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,219 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards Dear @Obiero, I know it's a bit tough to understand some of these things. Centum (& partners) is taking on PROJECT DEBT but not debt at the "parent" level for the Coal Plant. With a PPA in place, GoK/KPLC is on the hook [see LTWP] for the payments for production and capacity. Centum isn't KQ. Not yet anyway Where did you get the $2.1bn from? [It's $500mn Equity + $1.5bn Debt with Centum owning just a portion of the project] Sincerely, VVS KQ isn't the topic of discussion. Centum is on the ropes!
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards Dear @Obiero, I know it's a bit tough to understand some of these things. Centum (& partners) is taking on PROJECT DEBT but not debt at the "parent" level for the Coal Plant. With a PPA in place, GoK/KPLC is on the hook [see LTWP] for the payments for production and capacity. Centum isn't KQ. Not yet anyway Where did you get the $2.1bn from? [It's $500mn Equity + $1.5bn Debt with Centum owning just a portion of the project] Sincerely, VVS KQ isn't the topic of discussion. Centum is on the ropes!  Centum makes a profit. Centum has real cashflow even AFTER deducting the "FV gains" Centum pays a dividend. Centum isn't looking for a bailout. Centum isn't looking to merge with JKIA to shore up its assets. Don't stress about Centum while you wait for that elusive "Open Offer" like that will cure KQ's ills. P.S. My neighborhood kiosk makes a higher profit per day than a certain airline has made in 5 years! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards Dear @Obiero, I know it's a bit tough to understand some of these things. Centum (& partners) is taking on PROJECT DEBT but not debt at the "parent" level for the Coal Plant. With a PPA in place, GoK/KPLC is on the hook [see LTWP] for the payments for production and capacity. Centum isn't KQ. Not yet anyway Where did you get the $2.1bn from? [It's $500mn Equity + $1.5bn Debt with Centum owning just a portion of the project] Sincerely, VVS KQ isn't the topic of discussion. Centum is on the ropes! Centum makes a profit. Centum has real cashflow even AFTER deducting the "FV gains" Centum pays a dividend. Centum isn't looking for a bailout. Centum isn't looking to merge with JKIA to shore up its assets. Don't stress about Centum while you wait for that elusive "Open Offer" like that will cure KQ's ills ety manyasi wapi karukaranga . P.S. My neighborhood kiosk makes a higher profit per day than a certain airline has made in 5 years! ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Juojo wrote: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 No, they haven't taken much leverage on the Lamu Coal Plant but they do have significant leverage overall. It's a risk I try to keep tabs on. It's a "Tier 2" investment for me. Of course, I want it to do well but I do not see it becoming a "Core" for me until I see more of what's happening. In the meantime I like the low price if I want to add more. Liar! 2.1B USD debt is on the cards Dear @Obiero, I know it's a bit tough to understand some of these things. Centum (& partners) is taking on PROJECT DEBT but not debt at the "parent" level for the Coal Plant. With a PPA in place, GoK/KPLC is on the hook [see LTWP] for the payments for production and capacity. Centum isn't KQ. Not yet anyway Where did you get the $2.1bn from? [It's $500mn Equity + $1.5bn Debt with Centum owning just a portion of the project] Sincerely, VVS KQ isn't the topic of discussion. Centum is on the ropes! Centum makes a profit. Centum has real cashflow even AFTER deducting the "FV gains" Centum pays a dividend. Centum isn't looking for a bailout. Centum isn't looking to merge with JKIA to shore up its assets. Don't stress about Centum while you wait for that elusive "Open Offer" like that will cure KQ's ills ety manyasi wapi karukaranga. P.S. My neighborhood kiosk makes a higher profit per day than a certain airline has made in 5 years! ,Behold, a sower went forth to sow;....
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