MaichBlack wrote:Angelica _ann wrote:MaichBlack wrote:sparkly wrote:MaichBlack wrote:tom_boy wrote:Angelica _ann wrote:sparkly wrote:tom_boy wrote:As a contrarian play, which one entails less risk of loss?
Monkeys
Both are traps aka handcuffs!!!
What is the basis of these conclusions? Have you not heard that past performance is not an indication of future performance? Are you saying that nothing is being done to address issues that led to past poor performance? I think not!
Wazua is a great place to get information but at times it can dish you tonne loads of misleading information!!! Safaricom comes to mind. The stock was totally bashed in Wazua even when it was trading at Kshs. 2.xy. Almost everyone wrote it's obituary and even prepared for its funeral. "Safaricom was finished. Could not compete. Voice was dead bla bla bla!!!". And threads were all over. You can dig them up!!! Suffice it to say most Wazuans missed the bus by millions of miles.
I love Wazuans. They are very resourceful and have extremely valuable information. But when they are wrong, boy can they be wrong!!!
Name names. Who wrote off Safaricom? When? Point us to the thread so that we can contribute meaningfully.
Were you in Wazua when Safaricom was trading sub 3/=???
"Chartist" made me sell part of my safaricom at 11 bob, the oversold - overbought blal blal blal. I have never believed anything from them since. Do your own research & make your move.
Both for these two shares they are both operating under heavy debt - finance cost and negative cash flow. Further I don't trust management of KPLC & Transcentury is suffering from heavy competition from Chinese products some of which are third rate - counterfeits plus their previous deal making prowess disappeared after the exit of Kibaki.
Ni hayo tu!!!
True. Things are elephant for both these firms. But at least there are some changes being effected at Kenya Power but the effects are yet to start being felt. And if Arap Mashamba takes over then things will totally fall apart!!
The debt at Kenya Power is a big concern. They are unable to service their short term debt and have to refinance. Not good news.
Having said that, I will be buying Kenya Power. I missed the 3.15/= price but hopefully it will come down again. This is a big risk and it will be years before I see any dividend but I expect gradual capital growth. Kenya Power is a monopoly messed by corruption, management and political interference. The first two are being sorted pole pole. We wait to see the depth of the solution. The third one will always be a problem with the current shareholding structure. We can only hope for restraint and commonsense from the government.
1. So you went round the tangent, just to justify your purchase of Kenya Power. The truth always come out.
2. You started with how Wazuans were wrong on Safaricom and Equity and how they shouldn't be trusted. Then you went all over the place on personalities instead of issues.
3. It's obvious your feelings were hurt when I called your betrothed, Kenya Power a monkey.
4. Kenya Power IS a monkey, in management and perfomance (with exception of a few Kibaki years). Its fundamentals are nowhere near and will never be near Safaricom or Equity Bank.
5. If you have chosen to wed a monkey, no problem. Love your monkey and accept the compliments and otherwise. You don't need validation by the whole of Wazua. Pambana na hali yako.
Life is short. Live passionately.