Gordon Gekko wrote:Look at the cash flow report, cash from operations down significantly from last year. Bad sign.
Current Assets up by 10B, what have they invested in worth this much? Or are they not collecting on their bills?
Huh???
1) The Current Assets are DOWN KShs 1.7bn. Where are you getting your numbers from? nyoike?
2) The cash from Operations is down KShs 3.3bn but still a decent 11.8bn. Not sure why there was a reduction but it has to be looked at in various other contexts including what was 2008 CF.
3) I believe KPLC has been diligent about disconnecting folks who do not pay! The pre-pay system will improve cashflow while reducing collection costs!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett