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Kenya power
Fyatu
#1 Posted : Monday, June 04, 2012 4:42:35 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
what is happening with Kenya power? The stock price keeps on falling
Dumb money becomes dumb only when it listens to smart money
QW25091985
#2 Posted : Monday, June 04, 2012 4:48:53 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
bets me . got in at 23 . so you can imagine the mess am in . !!!!
or is the price factorin' in the bonus ? . i guess it can really go down
mlennyma
#3 Posted : Monday, June 04, 2012 5:27:07 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
You can talk but its among the best longterm buys.
"Don't let the fear of losing be greater than the excitement of winning."
Hunderwear
#4 Posted : Monday, June 04, 2012 5:41:53 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
mlennyma wrote:
You can talk but its among the best longterm buys.


substantiate this!!!
Aguytrying
#5 Posted : Monday, June 04, 2012 5:59:19 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
ive been waiting for it to come back to 14. it's time to board
The investor's chief problem - and even his worst enemy - is likely to be himself
itz
#6 Posted : Monday, June 04, 2012 6:02:12 PM
Rank: Member

Joined: 3/20/2009
Posts: 348
i remember when they had that rights issue and the pps was at 23-24,there is a guy who use to say it would go to about 16.I was of the same opinion but this drop to 14 is a bit extreme.I believe part of the reason is the regulators have refused for kplc to increase its tariffs for the last 2 years.Utilities(kengen,tcl,kplc) are boring stocks good for dividends and long term play because of the fact that they are very capital intensive businesses.Buy kplc and put it in your retirement account.you will be very happy later
Metasploit
#7 Posted : Monday, June 04, 2012 6:33:04 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Aguytrying wrote:
ive been waiting for it to come back to 14. it's time to board


I see this thing hitting sub 14.
Supply is too high.Now there are bids at 13.50 and it goes lower day by day

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
dave.kim
#8 Posted : Monday, June 04, 2012 6:50:24 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
QW25091985 wrote:
bets me . got in at 23 . so you can imagine the mess am in . !!!!
or is the price factorin' in the bonus ? . i guess it can really go down

Laughing out loudly Laughing out loudly I also jumped in front of that train but its now a bargain so am still buying pole pole with every drop. The lower it goes, there more i get
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
Impunity
#9 Posted : Monday, June 04, 2012 7:04:48 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Fyatu wrote:
what is happening with Kenya power? The stock price keeps on falling


And they have doubled both the standing charges and VAT amount and no one is seeing all these rip-off!
Brick wall Brick wall Brick wall

Fixed charge = 240 (up from 120)
VAT (28 up from 14)
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

the deal
#10 Posted : Monday, June 04, 2012 7:28:31 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Never liked KP but I'm going in...at 13.50-14...it looks like a bargain...I will hold it until June 2013.
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