wazua Wed, Feb 25, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
KPC IPO - Bearish Noise
MaichBlack
#21 Posted : Monday, February 23, 2026 6:00:50 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,771
VituVingiSana wrote:
GoU will take at least 20% in KPC for 2 board seats and veto power on tariff increases.

Swazi nunua, already overpriced, KPC shares at 9/- when my upside for dividends is limited by GoU.

This IPO was dead on arrival. Absolutely no way of justifying getting in at that valuation! Especially with so many other options still under book value!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
wukan
#22 Posted : Monday, February 23, 2026 7:24:38 AM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,641
scared money don't make money
MaichBlack
#23 Posted : Monday, February 23, 2026 9:42:49 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,771
wukan wrote:
scared money don't make money

What about smart money?

Laughing out loudly Laughing out loudly Laughing out loudly
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Realtreaty
#24 Posted : Monday, February 23, 2026 9:46:02 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,376
VituVingiSana wrote:
GoU will take at least 20% in KPC for 2 board seats and veto power on tariff increases.

Swazi nunua, already overpriced, KPC shares at 9/- when my upside for dividends is limited by GoU.


If you do not trust anyone trust your guts to stay in or out
Oil marketers have their share, East Africans have their share, it is possible that Uganda bought a larger chunk and demanded seat as it as well depend on KPC to transport its Oil. The gag news on Uganda refusing to settle for less is not bad news but good news
We are not told whom among Oil marketers is unhappy but they might have taken their full chunk.

I will hate so many people when this thing is successful just because i listen today.

MaichBlack
#25 Posted : Monday, February 23, 2026 11:00:11 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,771
Realtreaty wrote:
VituVingiSana wrote:
GoU will take at least 20% in KPC for 2 board seats and veto power on tariff increases.

Swazi nunua, already overpriced, KPC shares at 9/- when my upside for dividends is limited by GoU.


If you do not trust anyone trust your guts to stay in or out
Oil marketers have their share, East Africans have their share, it is possible that Uganda bought a larger chunk and demanded seat as it as well depend on KPC to transport its Oil. The gag news on Uganda refusing to settle for less is not bad news but good news
We are not told whom among Oil marketers is unhappy but they might have taken their full chunk.

I will hate so many people when this thing is successful just because i listen today.


The uptake by the original deadline last week was 20%. How does this narrative fit in with this fact??
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#26 Posted : Tuesday, February 24, 2026 6:29:42 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,771
Three days to go... Two days to go... One day to go...

Great IPOs don't have countdowns! Tafakari!!

Don't miss out... Join in building the nation... bla bla bla...

Great IPOs don't need motivational speeches.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Users browsing this topic
Guest
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.