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Kenya Power - what's the latest?
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mwenza
#1 Posted : Monday, March 11, 2013 10:32:27 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
The dividends were to be paid on 28th February.

Whats the latest?

Am still waiting for mine.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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  | | Edit by moderator: Monday, January 05, 2015 9:12 PM | Reason: title clarified
mwenza
#2 Posted : Monday, March 11, 2013 11:26:01 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
Does this silence mean that there are no wazuans in KP?
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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madebe
#3 Posted : Monday, March 11, 2013 11:30:02 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
ive also been checking my bank statement but wapi. they have a habit of delaying dividends
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2012
#4 Posted : Monday, March 11, 2013 11:35:05 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
No. The silence means that people who have been in KP for long know that they never pay dividends on time.
Which is very disappointing because if their valuable customers fail to pay their bill on time they're cut-off.

BBI will solve it :)
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mwenza
#5 Posted : Monday, March 11, 2013 11:36:58 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
@Madebe, @ 2012...... thanx
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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maka
#6 Posted : Monday, March 11, 2013 11:45:03 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
if am not wrong they have 90 days from the time they made that announcement or released the financial statements...check the CMA act...maybe they are sweeping the money.
possunt quia posse videntur
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Ericsson
#7 Posted : Monday, March 11, 2013 12:04:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenya Power has cash flow issues and that is why they never issued an interim dividend.
cash flow issues is also the cause of the delay in paying dividends
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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2012
#8 Posted : Thursday, March 14, 2013 9:27:39 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Please inform us once you receive your dividends so we can go to the post office. I think I visit my box office like twice a year.

BBI will solve it :)
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mwenza
#9 Posted : Thursday, March 14, 2013 10:15:21 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
2012 wrote:
Please inform us once you receive your dividends so we can go to the post office. I think I visit my box office like twice a year.



Why do they always send dividends via registered post instead of directly crediting it into our accounts like other listed companies.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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2012
#10 Posted : Thursday, March 14, 2013 10:22:15 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mwenza wrote:
2012 wrote:
Please inform us once you receive your dividends so we can go to the post office. I think I visit my box office like twice a year.



Why do they always send dividends via registered post instead of directly crediting it into our accounts like other listed companies.


They still live in the stone age era.

BBI will solve it :)
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