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Kenya Power HY 2019
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madhaquer
#21 Posted : Tuesday, February 26, 2019 12:31:25 PM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
I bought this stock at 17.25 in mid 2015. I'm looking at over 75% loss on that trade.
I should just have drunk that money or put it in the sacco or created a sportpesa account. It's just ridiculous!
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Superprime1
#22 Posted : Tuesday, February 26, 2019 4:54:05 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
madhaquer wrote:
I bought this stock at 17.25 in mid 2015. I'm looking at over 75% loss on that trade.
I should just have drunk that money or put it in the sacco or created a sportpesa account. It's just ridiculous!

Why not consider averaging down?
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madhaquer
#23 Posted : Thursday, February 28, 2019 8:06:14 PM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
I'm considering to exit the market for now. Of all my 2015 trades, only kcb has positive price gains and even that is 14%.
The NSE isn't a good consideration as a short term parking for money.
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muandiwambeu
#24 Posted : Thursday, February 28, 2019 9:16:03 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
madhaquer wrote:
I'm considering to exit the market for now. Of all my 2015 trades, only kcb has positive price gains and even that is 14%.
The NSE isn't a good consideration as a short term parking for money.

Stock market do get rougue at tyms
,Behold, a sower went forth to sow;....
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Horton
#25 Posted : Thursday, February 28, 2019 9:57:33 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
madhaquer wrote:
I'm considering to exit the market for now. Of all my 2015 trades, only kcb has positive price gains and even that is 14%.
The NSE isn't a good consideration as a short term parking for money.



If you invested that money in Cytonn. In 3 years u would have made a net of 45% (18% is before tax)
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madhaquer
#26 Posted : Friday, March 01, 2019 7:10:55 AM
Rank: Member


Joined: 11/10/2010
Posts: 281
Location: Nairobi
Horton wrote:
madhaquer wrote:
I'm considering to exit the market for now. Of all my 2015 trades, only kcb has positive price gains and even that is 14%.
The NSE isn't a good consideration as a short term parking for money.



If you invested that money in Cytonn. In 3 years u would have made a net of 45% (18% is before tax)



It wasn't a big enough investment to attract the Cytonn money managers. If only we could predict the future. Market outcomes are a matter of hindsight.
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deadpoet
#27 Posted : Friday, March 01, 2019 7:57:47 AM
Rank: Member


Joined: 9/27/2006
Posts: 503
Superprime1 wrote:
madhaquer wrote:
I bought this stock at 17.25 in mid 2015. I'm looking at over 75% loss on that trade.
I should just have drunk that money or put it in the sacco or created a sportpesa account. It's just ridiculous!

Why not consider averaging down?


S/He might have to buy even more shares than his original purchase to average down effectively.
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Superprime1
#28 Posted : Friday, March 01, 2019 8:32:07 AM
Rank: Member


Joined: 5/2/2018
Posts: 267
deadpoet wrote:
Superprime1 wrote:
madhaquer wrote:
I bought this stock at 17.25 in mid 2015. I'm looking at over 75% loss on that trade.
I should just have drunk that money or put it in the sacco or created a sportpesa account. It's just ridiculous!

Why not consider averaging down?


S/He might have to buy even more shares than his original purchase to average down effectively.

Sure. The challenge with averaging down comes about when you are already deep inside with both feet; otherwise it should be possible over time. You can take heart in the fact that Kenya Power isn't going anywhere in the foreseeable future (until the law changes to intro competition in electricity vending), which could give you time to average down and perhaps exit at a profit.
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Mucher
#29 Posted : Wednesday, March 06, 2019 5:22:20 PM
Rank: New-farer


Joined: 1/15/2019
Posts: 33
I just cannot distinguish what is generally wrong with this company? It is posting decreased profits but sales are up. Electricity business has always been good business as costs of operations should be relatively constant and market is relatively stable as everybody needs electricity
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VituVingiSana
#30 Posted : Wednesday, March 27, 2019 4:48:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Mucher wrote:
I just cannot distinguish what is generally wrong with this company? It is posting decreased profits but sales are up. Electricity business has always been good business as costs of operations should be relatively constant and market is relatively stable as everybody needs electricity

Does this help?
https://www.standardmedi...taff-in-sh1b-token-fraud
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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xxxxx
#31 Posted : Wednesday, March 27, 2019 5:48:09 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
Mucher wrote:
I just cannot distinguish what is generally wrong with this company? It is posting decreased profits but sales are up. Electricity business has always been good business as costs of operations should be relatively constant and market is relatively stable as everybody needs electricity


That should be your cue to add kplc to your " hard to understand pile" and either stay away or if your in, exit...isn't it???
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BKB
#32 Posted : Wednesday, June 12, 2019 11:08:09 AM
Rank: New-farer


Joined: 1/14/2015
Posts: 16
Location: Ngamia 1
Up 10%

low volumes traded

Supply 0

Anything cooking over here...
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littledove
#33 Posted : Wednesday, June 12, 2019 11:16:11 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
BKB wrote:
Up 10%

low volumes traded

Supply 0

Anything cooking over here...

https://www.businessdailyafrica.com/economy/Regulator-rules-out-lower-power-bills/3946234-5153684-hsb7euz/index.html
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Extraterrestrial
#34 Posted : Thursday, June 27, 2019 5:29:00 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
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Ebenyo
#35 Posted : Friday, June 28, 2019 8:03:13 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
[quote=Extraterrestrial]Boom!

https://twitter.com/DCI_...144240567016206337?s=19[/quote]



wezi washikwe!
Towards the goal of financial freedom
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kenyan2019
#36 Posted : Saturday, June 29, 2019 10:17:53 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 94
DCI Kinoti probes Sh150b fraud at Kenya Power https://www.standardmedi...0b-fraud-at-kenya-power #GeorgeKinoti
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Ericsson
#37 Posted : Saturday, June 29, 2019 10:30:01 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
kenyan2019 wrote:
DCI Kinoti probes Sh150b fraud at Kenya Power https://www.standardmedi...0b-fraud-at-kenya-power #GeorgeKinoti

So power bills should be coming down soon.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#38 Posted : Saturday, June 29, 2019 1:25:57 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Ericsson wrote:
kenyan2019 wrote:
DCI Kinoti probes Sh150b fraud at Kenya Power https://www.standardmedi...0b-fraud-at-kenya-power #GeorgeKinoti

So power bills should be coming down soon.
Uko na jokes! Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#39 Posted : Saturday, June 29, 2019 1:35:09 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kenyan2019 wrote:
DCI Kinoti probes Sh150b fraud at Kenya Power https://www.standardmedi...0b-fraud-at-kenya-power #GeorgeKinoti


Fraud been going on from 2014. Uncovered after hand shake. Sawa tu.
Life is short. Live passionately.
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Impunity
#40 Posted : Sunday, June 30, 2019 12:40:33 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Kenya is a scandal.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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