I guess investment requires one to be patient and at the same time be paranoid(in order to detect free falls)

This company should be delisted and run like KPC / KPA etc. It's a pain to be an equity shareholder when management and majority shareholders exercise capital indiscipline.

Essentially Kengen need for equity is so that they can raise debt. Unfortunately if they have not made any effort to repay GoK's debt why would one believe they will be disciplined in repaying future debts in a manner that leaves something on the table for equity holders.

In 2009 there was hype on the PIBO, going through the numbers it deosn't appear to me that the 25B PIBO had much impact on the company's growth of value.

Wow, KenGen kanaendelea kwanguka. I saw orders for Ksh9 and expect it to settle at around Ksh7.95, so I assume either GoK's announcement is imminent here in August, the results will be baaaad or. Never mind.

Look forward to the day CMA will require firms to make announcement if shares fall 20% over say a month...

I dont foresee bad results but as long as the rights issue cloud hangs up there, then thad uncertainity will continue to cause ripples

Waiting to see if Sh70bn-power-deal-with-AfDB will incite KP/KEGN.