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Kengen success
sparkly
#41 Posted : Sunday, November 17, 2013 9:27:08 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
murchr wrote:
obiero wrote:
@murchr its only you and @sparkly who are members in the Kengen bus.. have a good journey


Thank you! we shall enjoy the ride


Yes yes this is a digital bus, running on pure Kindaruma power.
Life is short. Live passionately.
obiero
#42 Posted : Thursday, November 28, 2013 11:06:01 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
habari ndo hio
www.businessdailyafrica..../1/-/o29j0o/-/index.html

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
georgegop
#43 Posted : Friday, November 29, 2013 8:33:26 AM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
Any likely reaction of this to the Kengen counter?
Don't Work for Money, Let Money Work for You..
Kausha
#44 Posted : Friday, November 29, 2013 12:19:06 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
I repeat what I said a while ago, there is equity value destruction underway here. Having said that I am not saying projects Kengen is doing are not worthwhile nor they will not sell the power. This is a company for the state and debt investors. Equity participants would have to wait for too long. 99% of the equity value is in perpetual value, the opposite of what happens to Build Operate Transfer arrangements.
Ericsson
#45 Posted : Friday, November 29, 2013 12:29:23 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
There is alot of value here;classic example of a company that even though it has debts it still pays dividends,profits still growing.
It's also a favourite of institutional investors due to monopolistic nature in the electricity generation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sorovi
#46 Posted : Friday, November 29, 2013 2:33:58 PM
Rank: Member


Joined: 8/3/2007
Posts: 146
obiero
#47 Posted : Saturday, January 23, 2016 3:59:47 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
obiero wrote:
the deal wrote:
obiero wrote:
sparkly wrote:
obiero wrote:
just like KQ, Kengen is another bluechip firm for the mid to long term investor. returns of upto 100% are not far fetched. thank me later


@obiero am with you on this one. Kengen is now my single biggest holding, mostly picked at 8-9 Sh. I sit tight and wait for payday, at leas Sh 25.

The day of reckoning is nigh. Kengen has never failed to pay dividend since listing despite what is commented here as far back as 2009. True, the price has stagnated but fact is that it is still terribly undervalued

...this thing is now a SELL...I'm into Kenya Power instead.

I sold mine two years ago but I believe those in it for the long term, say 7-10years, stand to reap big.

We are now at KES 5.45.. But better days lie ahead. Stay strong.

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#48 Posted : Saturday, January 23, 2016 5:38:35 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#49 Posted : Saturday, January 23, 2016 6:21:43 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#50 Posted : Sunday, January 24, 2016 4:37:38 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control


Trailing PE is 1.05. good enough to through caution to the wind,IMO
Life is short. Live passionately.
VituVingiSana
#51 Posted : Sunday, January 24, 2016 5:46:45 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
sparkly wrote:
obiero wrote:
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control


Trailing PE is 1.05. good enough to through caution to the wind,IMO

In that case, I have another suggestion for you: Eveready
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#52 Posted : Sunday, January 24, 2016 6:09:46 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
obiero wrote:
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control


Trailing PE is 1.05. good enough to throw caution to the wind,IMO

In that case, I have another suggestion for you: Eveready

Stop smoking cheap Weed. No way Kengen compares to Eveready.
Life is short. Live passionately.
Spikes
#53 Posted : Sunday, January 24, 2016 7:17:23 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
obiero wrote:
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control


Trailing PE is 1.05. good enough to throw caution to the wind,IMO

In that case, I have another suggestion for you: Eveready

Stop smoking cheap Weed. No way Kengen compares to Eveready.


'....cheap weed......' hahahahah......ha ha ha ha ..ha ha ha.....ha ha ha ha!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
muandiwambeu
#54 Posted : Tuesday, January 26, 2016 12:29:20 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
Ericsson wrote:
Obiero
Any info you may have from the exchange bar about details of the rights issue.
This issue needs to come and pass once and for all
I see you are also invested in KENGEN

No. I have not asked about KEGN of late. What I know is that current trend in share price points to disaster.. But its too late to exit. The bus is out of control

Yes. So weird. It's a shark attack.
,Behold, a sower went forth to sow;....
Ericsson
#55 Posted : Tuesday, January 26, 2016 9:16:20 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
@muandiwambeu
Share with us the info you have
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#56 Posted : Tuesday, January 26, 2016 11:04:17 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
@muandiwambeu
Share with us the info you have

A rights issue is a legalized means for managers to shaft existing shareholders. Any attempt to analyze this counter leaves one with a biter taste. The only question that begs an answer is how competitive is Kengen in rewarding capital invested. Ie ROI. my attempt on it has yielded a range of 6:1 all the way 2:1 at 3/= all the way to 5.5/=. At 6:1 post rights price of 3/= WIll be more than five star. Kengen is good at breaking records. And the paining wait continues.
,Behold, a sower went forth to sow;....
sparkly
#57 Posted : Tuesday, January 26, 2016 11:39:11 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
muandiwambeu wrote:
Ericsson wrote:
@muandiwambeu
Share with us the info you have

A rights issue is a legalized means for managers to shaft existing shareholders. Any attempt to analyze this counter leaves one with a biter taste. The only question that begs an answer is how competitive is Kengen in rewarding capital invested. Ie ROI. my attempt on it has yielded a range of 6:1 all the way 2:1 at 3/= all the way to 5.5/=. At 6:1 post rights price of 3/= WIll be more than five star. Kengen is good at breaking records. And the paining wait continues.


Break it down in a simple way.
Life is short. Live passionately.
Sufficiently Philanga....thropic
#58 Posted : Tuesday, January 26, 2016 12:02:52 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
The exodus......and with volumes(Capitulation)Sad

@SufficientlyP
Sufficiently Philanga....thropic
#59 Posted : Tuesday, January 26, 2016 12:08:02 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli

A much clearer cartoonsmile
Rising volumes with falling prices.
RSI, Bollinger bands all pointing to overselling.

@SufficientlyP
hisah
#60 Posted : Tuesday, January 26, 2016 3:29:49 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:

A much clearer cartoonsmile
Rising volumes with falling prices.
RSI, Bollinger bands all pointing to overselling.


@sparkly, hope you are holding out long term. We still have the Oct 2016 date when we review KEGN again. My target is 4/- with the rights issue thrown into the dustbin!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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