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East African Cables U Turn...
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citymayor
#41 Posted : Sunday, May 15, 2016 11:48:28 PM
Rank: New-farer

Joined: 2/15/2012
Posts: 29
Location: unimportant
East African Cables banks on Sh2b sweetheart deal with Kenya Power

Kenya Power has been importing cables from Chinese and Indian manufacturers, spending billions of shillings a year to purchase copper transmission wires. East African Cables landed a lucrative Sh2 billion contract with Kenya Power to supply cables that will be used in the Last Mile Connectivity programme. the management led by board chairman Zephaniah Mbugua is so confident about the impact of this deal that it has assured investors that they would take home dividends this year. He was quick to explain that the troubles bedeviling Transcentury had not reached at the subsidiary level. “We have stood strong as a company. In fact, the parent company has lent us money as we seek recovery,” Mbugua said. The company suffered a loss of Sh1.09 billion last year.
The Emotional Dog and Its Rational Tail
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sparkly
#42 Posted : Monday, May 16, 2016 8:26:45 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
citymayor wrote:
East African Cables banks on Sh2b sweetheart deal with Kenya Power

Kenya Power has been importing cables from Chinese and Indian manufacturers, spending billions of shillings a year to purchase copper transmission wires. East African Cables landed a lucrative Sh2 billion contract with Kenya Power to supply cables that will be used in the Last Mile Connectivity programme. the management led by board chairman Zephaniah Mbugua is so confident about the impact of this deal that it has assured investors that they would take home dividends this year. He was quick to explain that the troubles bedeviling Transcentury had not reached at the subsidiary level. “We have stood strong as a company. In fact, the parent company has lent us money as we seek recovery,” Mbugua said. The company suffered a loss of Sh1.09 billion last year.


In Kenya investing in a company that relies on deals with the state to do well is very risky.

Life is short. Live passionately.
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instinct
#43 Posted : Monday, May 16, 2016 9:35:05 AM
Rank: Member

Joined: 8/17/2007
Posts: 294
sparkly wrote:
citymayor wrote:
East African Cables banks on Sh2b sweetheart deal with Kenya Power

Kenya Power has been importing cables from Chinese and Indian manufacturers, spending billions of shillings a year to purchase copper transmission wires. East African Cables landed a lucrative Sh2 billion contract with Kenya Power to supply cables that will be used in the Last Mile Connectivity programme. the management led by board chairman Zephaniah Mbugua is so confident about the impact of this deal that it has assured investors that they would take home dividends this year. He was quick to explain that the troubles bedeviling Transcentury had not reached at the subsidiary level. “We have stood strong as a company. In fact, the parent company has lent us money as we seek recovery,” Mbugua said. The company suffered a loss of Sh1.09 billion last year.


In Kenya investing in a company that relies on deals with the state to do well is very risky.



So is it 2b or 20b?
http://www.standardmedia...t-deal-with-kenya-power


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karasinga
#44 Posted : Friday, July 15, 2016 1:31:22 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
This train has left station. currently too expensive to board. why? Making a NSH and a potential resistance around 9.

plan.
exercise Great patience and wait. Wait for price to speak. wazuans are hunters not chasers. Price will speak and tell us what it wants to do.

expectation.
planning to go long between 7.2 and 6.2. again, Price will speak and tell us what it wants to do.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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  | | Edit by user: Friday, July 15, 2016 1:35 PM | Reason: Not specified
mkate_nusu
#45 Posted : Friday, July 15, 2016 2:08:32 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
karasinga wrote:
This train has left station. currently too expensive to board. why? Making a NSH and a potential resistance around 9.

plan.
exercise Great patience and wait. Wait for price to speak. wazuans are hunters not chasers. Price will speak and tell us what it wants to do.

expectation.
planning to go long between 7.2 and 6.2. again, Price will speak and tell us what it wants to do.


volume action not convincing to warrant a rally. the recent gains July to date have been on vapor volumes.
Pump n dump?
KEGN, KPLC, KQ, SCOM
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mlennyma
#46 Posted : Friday, July 15, 2016 2:53:11 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
mkate_nusu wrote:
karasinga wrote:
This train has left station. currently too expensive to board. why? Making a NSH and a potential resistance around 9.

plan.
exercise Great patience and wait. Wait for price to speak. wazuans are hunters not chasers. Price will speak and tell us what it wants to do.

expectation.
planning to go long between 7.2 and 6.2. again, Price will speak and tell us what it wants to do.


volume action not convincing to warrant a rally. the recent gains July to date have been on vapor volumes.
Pump n dump?

that 20billion tender and assurance that importing cables from China might be delt a blow when local players are given priority is creating hope however you must know transcentury is a brother
"Don't let the fear of losing be greater than the excitement of winning."
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karasinga
#47 Posted : Friday, July 15, 2016 4:54:11 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
mlennyma wrote:
mkate_nusu wrote:
karasinga wrote:
This train has left station. currently too expensive to board. why? Making a NSH and a potential resistance around 9.

plan.
exercise Great patience and wait. Wait for price to speak. wazuans are hunters not chasers. Price will speak and tell us what it wants to do.

expectation.
planning to go long between 7.2 and 6.2. again, Price will speak and tell us what it wants to do.


volume action not convincing to warrant a rally. the recent gains July to date have been on vapor volumes.
Pump n dump?

that 20billion tender and assurance that importing cables from China might be delt a blow when local players are given priority is creating hope however you must know transcentury is a brother

@ mlennyma, information received.
@mkate nusu. I agree.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Ebenyo
#48 Posted : Sunday, July 31, 2016 12:00:37 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
instinct wrote:
sparkly wrote:
citymayor wrote:
East African Cables banks on Sh2b sweetheart deal with Kenya Power

Kenya Power has been importing cables from Chinese and Indian manufacturers, spending billions of shillings a year to purchase copper transmission wires. East African Cables landed a lucrative Sh2 billion contract with Kenya Power to supply cables that will be used in the Last Mile Connectivity programme. the management led by board chairman Zephaniah Mbugua is so confident about the impact of this deal that it has assured investors that they would take home dividends this year. He was quick to explain that the troubles bedeviling Transcentury had not reached at the subsidiary level. “We have stood strong as a company. In fact, the parent company has lent us money as we seek recovery,” Mbugua said. The company suffered a loss of Sh1.09 billion last year.


In Kenya investing in a company that relies on deals with the state to do well is very risky.



So is it 2b or 20b?
http://www.standardmedia...t-deal-with-kenya-power




Im also wondering,So which was right,2 bilion or 20 bilion?
Towards the goal of financial freedom
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  | | Edit by user: Sunday, July 31, 2016 12:02 PM | Reason: Not specified
mlennyma
#49 Posted : Monday, August 01, 2016 10:19:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
www.standardmedia.co.ke/...rt-deal-with-kenya-power
"Don't let the fear of losing be greater than the excitement of winning."
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mlennyma
#50 Posted : Monday, August 01, 2016 10:21:10 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
mlennyma wrote:
www.standardmedia.co.ke/mobile/article/2000200111/east-african-cables-banks-on-sh20b-sweetheart-deal-with-kenya-power

very confused journalists
"Don't let the fear of losing be greater than the excitement of winning."
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