Kiharu MP Ndidi Nyoro, a close confidante of the President-Elect, tripled his shareholding in Kenya Power: June 2021: 9.1M shares June 2022: 27.3M shares
He is now the largest individual shareholder in Kenya Power.
His thesis for Kenya Power:[COLOR=rgb(226, 80, 65)] “the company is valued at less than 1% of its asset value…I am buying KPLC shares because I know we can fix issues of electricity when allowed to make decisions. It has a lot of sleeping capital which can be used to assist more homes”
I am also convinced that the share value of Kenya Power will go up exponentially in the next 5 to 10 years. I am also tempted to invest hapo na kufunga macho.
That company is a monopoly and a shift in it’s operational approach turns it to profitability.
I see nothing in this for as long as he bought them legitimately using legitimately acquired funds. Mbona hulalamikii hao Wahindi wako na shares nyingi kumshinda.
Kenya Power is up 10% this morning. This is on the back of news that Kiharu MP Ndidi Nyoro , a close confidante of the President-Elect, tripled his shareholding in the company in the year to June 2022.
June 2021: 9.1M shares