Fyatu wrote:muandiwambeu wrote:Fyatu wrote:I wager that even with reduced profits Kenya power will still report a PAT of over 2 billion
Very expectant of Fyatu, I wager you planted a seed here.
Yes sir. This is the cheapest stock on NSE and a monopoly. In the long term this thing will make some wazuans dollar millionaires.
It reminds me of Safaricom at 2 bob and we were here in wazua bashing it saying we wouldn't touch it even with a 10 foot pole?
Jared Otieno lists the three points he intends to use to address the decline in revenues:
1.Financial sustainability-this will mean tring to depend on internal funds generated by the company.This will eradicate dependency on debts.
2.Diversification of the company existing revenues streams-e.g internet
3.To spur demand from stakeholders-this is natural.
Management aspect of the company should be addressed too.GOK should divorce micro management of the firm.
Towards the goal of financial freedom