kabale kid
186 posts

kabale kid
@AgabaIv0951493
You might not be part of the future your worried about
Kampala, Uganda Katılım Mayıs 2025
1.3K Takip Edilen1K Takipçiler

The Board, Management and Staff of the Uganda Electricity Distribution Company Limited extend their congratulations to H.E. Gen. @KagutaMuseveni as you swear in as President of the Republic of Uganda for a 7th term.
#UEDCLinService #LightingUpYourWorld

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@UEDCLTD What's wrong with power in Nabweru, everyday at 7pm,power goes what exactly are you working on every fucking day
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kabale kid retweetledi

@UEDCLTD ,I think you're power fears rain, every small small rain, power goes off 🥹🥹,
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I just sold my castle.
On paper I lost about £3.5 million.
But here is the part most people will not understand.
It is also a tax write-off.
The castle sold for £450,000.
I originally bought it for £810,000 and then spent around £3 million restoring it.
So yes, financially it was a big loss.
But when I bought the castle I knew it was a high risk project. Historic buildings are unpredictable. Costs spiral, timelines change and sometimes the market simply does not value the work the way you hoped it would.
When I first bought it the building was in a terrible state. It was completely dilapidated. My focus was to stabilise it and save it.
We made the structure airtight, put a proper roof on it and carried out major restoration work to bring it back from the brink.
That work alone cost around £3 million.
I am genuinely proud of what we achieved.
The property was actually due to go to auction and there were a number of registered bidders. But before the auction took place I sold it privately to someone who specialises in English Heritage listed buildings.
For me it was not about squeezing out the very last pound. What mattered more was that it went to the right person who would continue looking after it properly.
Over the years I have done many profitable projects. Some have done very well and some have massively exceeded expectations.
But you cannot win them all.
Anyone who tells you every deal they do is a success is either lying or they have not been in the game very long.
The castle sat inside my trading company, which means the loss can be offset against profits. So the £3.5 million becomes a tax deductible loss.
It still hurts. Losing money always does.
But experienced investors understand that one deal does not define you.
You take calculated risks.
You win some and you lose some.
Then you move on to the next opportunity.

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