Current date check: Jan 26, 2026 – IPO still wide open (closes Feb 19), so plenty of time.
I'm going contrarian here. Yeah, most analysts and pundits are bearish on this KPC IPO.
High valuation chatter (on twitter there's talk of 22x P/E looks stretched, low dividend yield compared to peers like KenGen at around 9%, transparency/legal concerns floating around, and fears of post-listing drop once reality hits).
My Play - long-term upside in Kenya's energy/transport backbone. Pipelines aren't sexy, but they're monopoly-ish and steady
Plus, KPC's dividend policy commits to paying out 50% of net earnings as dividends, which does make it attractive-ish.
Bullish on Kes 12.0 by 31st Dec. (Based on the fact that NSE will be on a bullish trend this year)
Jumping out at 7.00 if it starts goin Bearish, then i jump back in. (I missed safaricom at 2bob)
Do it today! Tomorrow is promise to no-one.