Fyatu wrote:muandiwambeu wrote:Fyatu wrote:I wager that even with reduced profits Kenya power will still report a PAT of over 2 billion
Very expectant of Fyatu, I wager you planted a seed here.
Yes sir. This is the cheapest stock on NSE and a monopoly. In the long term this thing will make some wazuans dollar millionaires.
It reminds me of Safaricom at 2 bob and we were here in wazua bashing it saying we wouldn't touch it even with a 10 foot pole?
Forget monopoly, management is key and you cant compare this to Safcom. The level of (mis)management at KPLC is back to pre 2002. Last mile watu walikula kukula. Remember it was a reelection gimmick. Last mile is not even a prudent investment in itself.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen