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KPLC vs KENGEN Accounts: Sh26B Missing
VituVingiSana
#41 Posted : Sunday, November 04, 2018 10:00:48 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Ericsson wrote:
@vvs
Throw back and I hope you bookmarked the post where I told you Kenya power will be mismanaged and looted nearly to it's death while kengen will be run well and bear fruits.
TNA run firms vs URP run firms.
Matters little to me. I am in neither for a years. I soured on GoK-controlled firms in 2012 after the debacle with KQ. Only GoK-controlled firms I have shares in is KenRe but even then...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#42 Posted : Wednesday, May 29, 2019 1:51:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Kenya Power found itself in the deep financial hole after more than 880,000 households that were supplied with electricity and had prepaid meters fitted did not consume the power, and did not pay for it.
https://www.businessdail...78676-bb1m98/index.html

I am so glad I bailed out of KPLC (& other GoK-controlled firms) years ago.
Stick with sensible private sector firms. Do not fall in love with the shares of any single firm though. When circumstances change, change your portfolio too.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#43 Posted : Tuesday, September 24, 2019 2:45:07 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
KaunganaDoDo wrote:
Fyatu wrote:
A look at Kenya power today(price shs. 4.50), i deduce the following..

1. single digit P.E.,
2. > 68% earnings.,
3. > 10% dividend yield

I have calculated Umeme market cap Vs Kenya power market cap and obviously(rolling my eyes) there is no way umeme can be worth more than the great and mighty Kenya power.

Kenya power is a buy....hapan taka kizungu mingi


Just hold off abit... There is still alot coming ...I should expect it to go to 3 shillings after the financial are out...*But in 6 Months you will be rich....*

It got to 3/- and stayed at 3/- more than 1 year later d'oh! In fact a profit warning was announced recently.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MugundaMan
#44 Posted : Tuesday, September 24, 2019 8:01:22 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
I hate to say "I told you so" but you guys never listen anyway smile
For the umpteenth time I repeat; there has been a fundamental structural shift among MOST investors in the NSE; both foreign and domestic. All have come to the correct realisation that almost ALL of the firms there excepting one or two are scam companies incorrigibly corrupt to the brim. The countless scams and scandals we hear of day in day out from them are testimony to this. Millions of CDS accounts have gone dormant as most investors have fled the casino permanently. Those numbers will NEVER come back again. You guys still holding on for dear life are like those who were fighting hard to get last minute seats in the Titanic. FLEE the casino before it is TOO LATE!!
chiaroscuro
#45 Posted : Wednesday, September 25, 2019 10:07:27 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
MugundaMan wrote:
I hate to say "I told you so" but you guys never listen anyway smile
For the umpteenth time I repeat; there has been a fundamental structural shift among MOST investors in the NSE; both foreign and domestic. All have come to the correct realisation that almost ALL of the firms there excepting one or two are scam companies incorrigibly corrupt to the brim. The countless scams and scandals we hear of day in day out from them are testimony to this. Millions of CDS accounts have gone dormant as most investors have fled the casino permanently. Those numbers will NEVER come back again. You guys still holding on for dear life are like those who were fighting hard to get last minute seats in the Titanic. FLEE the casino before it is TOO LATE!!


Tukimbilie wapi? Kwa mashamba? Gakuyo et. al. did us in. Mattresses it is!
But Njoroge has said we return all the old 1000 notes.
Ni kubaya!
Ericsson
#46 Posted : Wednesday, September 25, 2019 10:22:44 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
chiaroscuro wrote:
MugundaMan wrote:
I hate to say "I told you so" but you guys never listen anyway smile
For the umpteenth time I repeat; there has been a fundamental structural shift among MOST investors in the NSE; both foreign and domestic. All have come to the correct realisation that almost ALL of the firms there excepting one or two are scam companies incorrigibly corrupt to the brim. The countless scams and scandals we hear of day in day out from them are testimony to this. Millions of CDS accounts have gone dormant as most investors have fled the casino permanently. Those numbers will NEVER come back again. You guys still holding on for dear life are like those who were fighting hard to get last minute seats in the Titanic. FLEE the casino before it is TOO LATE!!


Tukimbilie wapi? Kwa mashamba? Gakuyo et. al. did us in. Mattresses it is!
But Njoroge has said we return all the old 1000 notes.
Ni kubaya!


Let's go back to the topic of discussion;KPLC vs KENGEN
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
MugundaMan
#47 Posted : Wednesday, September 25, 2019 11:16:44 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
chiaroscuro wrote:
MugundaMan wrote:
I hate to say "I told you so" but you guys never listen anyway smile
For the umpteenth time I repeat; there has been a fundamental structural shift among MOST investors in the NSE; both foreign and domestic. All have come to the correct realisation that almost ALL of the firms there excepting one or two are scam companies incorrigibly corrupt to the brim. The countless scams and scandals we hear of day in day out from them are testimony to this. Millions of CDS accounts have gone dormant as most investors have fled the casino permanently. Those numbers will NEVER come back again. You guys still holding on for dear life are like those who were fighting hard to get last minute seats in the Titanic. FLEE the casino before it is TOO LATE!!


Tukimbilie wapi? Kwa mashamba? Gakuyo et. al. did us in. Mattresses it is!
But Njoroge has said we return all the old 1000 notes.
Ni kubaya!


Gakuyo Ekeza is 0.0001% of the RE industry
NSE on the other hand is 99% Gakuyo type companies. Big difference.
You have been warned. smile
Shalom
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