GG

[Gay Interrupted @TwinkTheory]

Unfortunately 'I was eating alcoholically' has permanently entered my lexicon

[@TheKenyanInvestor @dr_levisdamian]

Huyu jamaa wa "Africa is our business" ana shangaa sana mwafrica ana invest trillions of Kenyatta shillings in Kenya. Amezoea making money from money through speculation, hii ya real productive work is above his brains.

[Anne Soy @annesoy]

I’ve reported on Ebola for over a decade (& health for over 20 yrs) so I’m not usually surprised to hear disparate theories about disease outbreaks. But recent posts by a number of Kenyan thought leaders have left me dumbfounded. Here’s Dr Wandia Njoya, a university lecturer:

[@TheKenyanInvestor @dr_levisdamian]

Kenyans have to admit that Dangote is the only reason they are seeing value in KPC. You called it overvalued, you said the price was fixed. You complained that pension money was used to hold the bag. You laughed when Mbadi was crying that we scared foreign investors

[Aaron Cheruiyot @Aaroncheruiyot]

Mutura economist @NdindiNyoro must appreciate that Dangote is not your average extortion racket customer. This is hard nosed capitalist who has faced tougher cartels than the ones you prime for in your latest clever by half rantings.

Initially you told us KPC shares were over priced & would soon crumble at the market.
You also argued that the privatisation exercise was a sham as it ended up with other public entities buying GOK stake.
A few short months later, typical of your cerebral inconsistency, you have changed tune.
If the shares were overpriced at 9.0, what's the fuss with Aliko buying them at 9.36? A cool 1.6 Billion Kenya shillings in PROFIT to the public entities in barely six months ...still you want us to believe it's a bad deal.?
Crazy cartels, who lie with a straight face to sustain primitive anger as they seek to incite.
The lies may excite the ignorant but in the end the FACTS of the matter will still stand out.

[GG @NyukaQuarter]

@2NNSK This is a bit reasonable for the power you get

[Divyan Shah @thedivyanshah]

This propaganda story doesn’t survive contact with the numbers.

Let’s straight do the math on the 4.5bn shares:
Bought: KES 9.00 per share
Sold (implied): ~KES 9.44 per share
Capital gain: +KES 0.44 → ~KES 1.98bn
Missed dividend: –KES 0.32 → –KES 1.44bn
Net before fees: +KES 0.12 → ~KES 540m

NSE-listed share gains are tax-exempt. So the price premium already more than covers the dividend the sellers gave up.

Rock Investment Bank (sell side) let’s assume earned a negotiated commission. On a block this size, realistic rates are 0.5–0.75%.

At 0.5% that’s ~KES 212m. After that the funds are roughly flat to slightly positive.

Either way, a few hundred million either side of zero on a KES 40bn+ position held for ~7 months.

That is time-value and transaction cost. It is NOT a material loss. It is NOT a soft loan. It is not evidence that a Ruto-linked vehicle extracted value from pensioners.

Public institutions and pension funds bought into the KPC IPO at KES 9. That gave the listing size and confidence. This to me was crucial for the markets.

Months later, after the Lamu refinery deal advanced, Dangote’s company bought ~25% in one block.

The funds sold. Dangote got the pipeline stake he needs for product distribution. Straight commercial sequence.

The legitimate questions are transparency (exact Dangote entity, full seller list, whether sales were directed) and governance of public funds.

Those are real.

The “sold at a loss so someone connected to the President could profit” version is not supported by the arithmetic or the public record.

You are stupid and stupidity is your business…

As always, DYOR.

[GG @NyukaQuarter]

@BoardLotSultan 😅😅😅😅

[Norman @Kalnormzac]

If you don't refer to Saka as a "Nigerian star helping England..", why do you refer to Seb as a Scottish helping Uganda?

[JILL 😊 @JILLKUI]

Hukula kichwa cha samaki and it’s very evident 😂

[Chief Isiego @Isiego_]

Your name makes this entire thing funnier😂😂.

[GG @NyukaQuarter]

@Kalasinga_ @xysist Whas the construction stretch near Hola completed?

[Thebigsol @Thebigsoll]

Which of him songs require acrobatic stunt?😭😭😭😭

[Efo Dela @Amegaxi]

If a woman wants to end things when you've not done anything wrong, she will give you the most fantastic and mind boggling excuse.

Zelenskyy's wife has not asked him for a divorce but Svitolina is leaving Gael Monfils because of the war in Ukraine?

[Fabipa @fabipa90]

como olvidar cuando los primitivos cazaban animales con papel film

[️ ️ ️ ️•°• @StrenjaDenja]

He said "we shall revisit" & went on to frustrate the judiciary by starving them of funds, refused to appoint 41 names JSC submitted to him for nearly 2 yrs then appointed 34 of them, & refused the other 6. Due to this, Ruto made the rule of law one of his campaign agendas then.

[Nelson Havi SC @NelsonHavi]

Let us be honest with each other. You cannot expect the best from the Government yet you give the worst in return. This is a case of a rogue matatu driver attempting to be clever than other motorists. He must be called out. I do not see how the Governor or KenNHA is liable for the incident.

[Deviled Eggs(Kort) @DopeItsKort]

“From scratch by himself using AI”

[Cerebral Assassin @xysist]

I think this argument is largely flawed and devoid of a coherent thought process .

Water infrastructure is not a private solution but a public one.

Government through its agencies develops or is supposed to develop water treatment and piping infrastructure to all parts of Nairobi

When they fail to do so is when private parties do boreholes