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Kenya Power HY 2019
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muandiwambeu
#221 Posted : Thursday, July 16, 2020 5:27:27 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
KaunganaDoDo wrote:
mulla wrote:
AndyC wrote:
Swenani wrote:
Angelica _ann wrote:
muandiwambeu wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Some board members have been fired. I meant they resigned. Laughing out loudly


Entire board disbanded
Wow! So KPLC had just 5 directors? What about the chairman?

nika drama nikama fideo...... na bado


This one don't touch!!!


I'll buy more to average downLaughing out loudly Laughing out loudly Laughing out loudly


Kenya power going into candle manufacturingLaughing out loudly Laughing out loudly. Talk of giving up!

When i read that i knew this is a company without ideas. There are many Kenyans with great ideas to whom they should engage. Candles??? Did they do a feasibility study to realize how low sales value and volume they are. Then they want to manufacture a product for which their core business is in total conflict with. The irony!!


The candles are SPECIAL. The Kinds even the Dry Harmattan TradeWind from the Sahara cant blow out

A century old problem reincarnate, between the bulb and the candle who will beat the hangmans noose.Laughing out loudly
Desperate times, do call for desparate measures indeed.
,Behold, a sower went forth to sow;....
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  | | Edit by user: Thursday, July 16, 2020 5:29 PM | Reason: Not specified
Ericsson
#222 Posted : Thursday, July 16, 2020 6:14:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#223 Posted : Thursday, July 16, 2020 8:42:49 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#224 Posted : Thursday, July 16, 2020 9:43:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.


In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
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VituVingiSana
#225 Posted : Thursday, July 16, 2020 10:14:13 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#226 Posted : Thursday, July 16, 2020 10:21:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.


I don't see the need of being a long term investor in a company that was once doing well is on a downward trend.
The moment i see red flags or warning I jump out.

Warren Buffet rules of investing ;
1.Never lose money 💵
2.Never forget rule number 1.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
  | | Edit by user: Thursday, July 16, 2020 10:24 PM | Reason: Not specified
VituVingiSana
#227 Posted : Thursday, July 16, 2020 10:28:58 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.


I don't see the need of being a long term investor in a company that was once doing well is on a downward trend.
The moment i see red flags or warning I jump out.

Warren Buffet rules of investing ;
1.Never lose money 💵
2.Never forget rule number 1.
Given what you know about KPLC, which has been discussed for years, why would you go in when there are better alternatives?

BUT I wish you good luck.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  |
Ericsson
#228 Posted : Thursday, July 16, 2020 10:31:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.


I don't see the need of being a long term investor in a company that was once doing well is on a downward trend.
The moment i see red flags or warning I jump out.

Warren Buffet rules of investing ;
1.Never lose money 💵
2.Never forget rule number 1.
Given what you know about KPLC, which has been discussed for years, why would you go in when there are better alternatives?

BUT I wish you good luck.


I am not going into kplc,I was there when things were good.I left when red flags started becoming visible.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
VituVingiSana
#229 Posted : Thursday, July 16, 2020 10:33:10 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.


I don't see the need of being a long term investor in a company that was once doing well is on a downward trend.
The moment i see red flags or warning I jump out.

Warren Buffet rules of investing ;
1.Never lose money 💵
2.Never forget rule number 1.
Given what you know about KPLC, which has been discussed for years, why would you go in when there are better alternatives?

I got burnt with KPLC, KQ, etc and my Saul to Paul transformation happened in 2012-13.

http://www.wazua.co.ke/f...ts&t=10235&p=18 I was in KPLC in 2011.

BUT I wish you good luck.

"Asiyefunzwa na mamake atafunzwa na dunia"
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#230 Posted : Thursday, July 16, 2020 10:35:13 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Treasury/GoK is the one that messed up KPLC.
Some of the policies that were implemented a few years back are now hurting the company.

I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

In any company you need to know when to jump in and when to jump out.
ARM was a private firm and we all know what happened.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.


I don't see the need of being a long term investor in a company that was once doing well is on a downward trend.
The moment i see red flags or warning I jump out.

Warren Buffet rules of investing ;
1.Never lose money 💵
2.Never forget rule number 1.
Given what you know about KPLC, which has been discussed for years, why would you go in when there are better alternatives?

BUT I wish you good luck.


I am not going into kplc,I was there when things were good.I left when red flags started becoming visible.
#TukoPamoja
I stay away from GoK controlled firms though I am in Kenya Re which has its own drama too but I feel uncomfortable, I will sell out!

I enjoy sleeping at night!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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