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Parastatals that should be listed
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Ebenyo
#31 Posted : Thursday, January 08, 2026 7:28:17 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.
Towards the goal of financial freedom
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Angelica _ann
#32 Posted : Friday, January 09, 2026 12:10:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.


Ruto should be serious, January ......how?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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MaichBlack
#33 Posted : Friday, January 09, 2026 7:49:01 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.

How was the Safaricom IPO a populist situation.

I remember Prof. Anyang' Nyongo displaying his ignorance to the entire country explaining how Safaricom was being sold at a "throw away price" of Kshs. 5/= totally ignoring the number of shares!!

I was staring at the TV wondering "Is this guy this clueless or is he just pretending for some reason!!??"
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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stocksmaster
#34 Posted : Friday, January 09, 2026 8:08:05 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
MaichBlack wrote:
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.

How was the Safaricom IPO a populist situation.

I remember Prof. Anyang' Nyongo displaying his ignorance to the entire country explaining how Safaricom was being sold at a "throw away price" of Kshs. 5/= totally ignoring the number of shares!!

I was staring at the TV wondering "Is this guy this clueless or is he just pretending for some reason!!??"


The GoK will need to pull a similar move to rope in Wanjiku.....price it as a penny stock (something below Ksh 1 by creating like 100 billion shares).....If you do a quick comparison between KenGen and KPC you wonder how 65% of KPC can generate 100bn. KenGen is trading at about P/E of 6.....If KPC IPO is offered at same P/E as KenGen, based on Gross Profit of KPC of Ksh 10bn for last year (assume a Net 7bn), then total 100% valuation for KPC lands at 42bn...65% thus becomes about 30bn......so only way to generate 100bn from 65% is to offer IPO at P/E of above 18 which is crazy....can't wait to see the IPO Prospectus.

Happy Hunting
x handle: @stocksmaster79
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MaichBlack
#35 Posted : Saturday, January 10, 2026 1:05:18 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
stocksmaster wrote:
MaichBlack wrote:
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.

How was the Safaricom IPO a populist situation.

I remember Prof. Anyang' Nyongo displaying his ignorance to the entire country explaining how Safaricom was being sold at a "throw away price" of Kshs. 5/= totally ignoring the number of shares!!

I was staring at the TV wondering "Is this guy this clueless or is he just pretending for some reason!!??"


The GoK will need to pull a similar move to rope in Wanjiku.....price it as a penny stock (something below Ksh 1 by creating like 100 billion shares).....If you do a quick comparison between KenGen and KPC you wonder how 65% of KPC can generate 100bn. KenGen is trading at about P/E of 6.....If KPC IPO is offered at same P/E as KenGen, based on Gross Profit of KPC of Ksh 10bn for last year (assume a Net 7bn), then total 100% valuation for KPC lands at 42bn...65% thus becomes about 30bn......so only way to generate 100bn from 65% is to offer IPO at P/E of above 18 which is crazy....can't wait to see the IPO Prospectus.

Happy Hunting

Seems like Wanjiku atanyolewa bila maji at this rate!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Ebenyo
#36 Posted : Monday, January 12, 2026 8:42:37 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
MaichBlack wrote:
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.

How was the Safaricom IPO a populist situation.

I remember Prof. Anyang' Nyongo displaying his ignorance to the entire country explaining how Safaricom was being sold at a "throw away price" of Kshs. 5/= totally ignoring the number of shares!!

I was staring at the TV wondering "Is this guy this clueless or is he just pretending for some reason!!??"




They issued so many shares(40 billion) at Kshs 5 each.
That's why safaricom NAV is very poor.
Towards the goal of financial freedom
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MaichBlack
#37 Posted : Tuesday, January 13, 2026 11:07:04 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Ebenyo wrote:
MaichBlack wrote:
Ebenyo wrote:
obiero wrote:
obiero wrote:
[quote=ngapat]Where is the prospectus of this ipo

It will be out by next week

Time has come. Ruto announces January listing of Kenya pipeline shares the-star.co.ke/news/2026-01-05-ruto-announces-listing-of-kpc-shares-on-nse https://share.google/yrFwFosac5w0SpU28[/quote]


Going by Ruto sentiments,the pricing will be attractive.However they should avoid a populist situation like 2008 safaricom IPO.

How was the Safaricom IPO a populist situation.

I remember Prof. Anyang' Nyongo displaying his ignorance to the entire country explaining how Safaricom was being sold at a "throw away price" of Kshs. 5/= totally ignoring the number of shares!!

I was staring at the TV wondering "Is this guy this clueless or is he just pretending for some reason!!??"




They issued so many shares(40 billion) at Kshs 5 each.
That's why safaricom NAV is very poor.

Number of shares don't affect the actual value of the company. The only question is how many shares are offered and at how much.

40 billion shares at 5/= each, 20 billion shares at 10/= each, 10 Billion shares at 20/=, 1 billion shares at 200/= each absolutely no difference (apart from perception and liquidity if the shares are too few or too many). But the underlying value remains the same and NAV vis - a - vis the offer price.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack
#38 Posted : Tuesday, January 13, 2026 11:13:03 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
And what matters most is EPS and DPS.

If Safaricom's DPS is 10/=, majority would not care about how many shares it has. Same if the DPS was 0.1/=

Ask most people here how many shares Equity, KCB, BAT, Stanchart etc. have. Some are shareholders and they neither know nor care. And those who do probably the original reason was for them to calculate EPS and DPS from scratch (assuming the information was not readily available or they wanted to do their own math!)
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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obiero
#39 Posted : Friday, January 16, 2026 7:56:46 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
MaichBlack wrote:
And what matters most is EPS and DPS.

If Safaricom's DPS is 10/=, majority would not care about how many shares it has. Same if the DPS was 0.1/=

Ask most people here how many shares Equity, KCB, BAT, Stanchart etc. have. Some are shareholders and they neither know nor care. And those who do probably the original reason was for them to calculate EPS and DPS from scratch (assuming the information was not readily available or they wanted to do their own math!)

True. Dividend yield is favored by most, followed closely by EPS

KQ ABP 4.26
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MaichBlack
#40 Posted : Friday, January 16, 2026 8:29:34 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
obiero wrote:
MaichBlack wrote:
And what matters most is EPS and DPS.

If Safaricom's DPS is 10/=, majority would not care about how many shares it has. Same if the DPS was 0.1/=

Ask most people here how many shares Equity, KCB, BAT, Stanchart etc. have. Some are shareholders and they neither know nor care. And those who do probably the original reason was for them to calculate EPS and DPS from scratch (assuming the information was not readily available or they wanted to do their own math!)

True. Dividend yield is favored by most, followed closely by EPS

True!!! I have also become like @vvs and many more here. I am not a trader. I don't want to have to sell to make money. I love dividend paying shares. That way if the Fundamentals are okay, I don't have to worry so much about price swings (unless I am buying or want to sell). All I need to know is that every year I expect dividends of Kshs. xyz which hopefully keep growing.

And one of the most important things as you live your life is cashflow. I love passive cashflow/income. And the day you retire, this will be 10 times as important!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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  | | Edit by user: Friday, January 16, 2026 2:02 PM | Reason: Not specified
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