wazua Wed, Mar 25, 2026
Welcome Guest Search | Active Topics | Log In

14 Pages<1234>»
KenGen FY15 PAT grows 307%
Options
Previous Topic · Next Topic
Ericsson
#11 Posted : Monday, October 12, 2015 10:48:36 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
In such a scenario I will compare the PBT in 2014 versus 2015.
Profit before tax grew by 208.99% from ksh.4.158bn to ksh.8.69bn.
Profit after tax depends on your arrangement with mr.taxman.
Mr, market due to his sluggish nature may not take into consideration the jump in profits hence the share price may not show a significant appreciation.
For the upcoming rights issue it may not be held this year due to gava being too broke to defend its stake unless they convert the debt into equity.
Upcoming rights issue may hold back any meaningful share price appreciation.
Good dividend though.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
hisah
#12 Posted : Monday, October 12, 2015 10:56:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Massive dilutive rights issue here we come. Who releases very rosy news in a bear market? 65cts to be paid out as dividend out of EPS KES 5.24. What a joke! Now I strongly prefer KPLC.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
Sufficiently Philanga....thropic
#13 Posted : Monday, October 12, 2015 11:09:42 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
NAV(After revaluation of PPE & before expected dilution) = 64.4
PER at todays closing price of KES.8.3(pre dilution)= 1.58
d'oh!
@SufficientlyP
Back to top
  |
murchr
#14 Posted : Monday, October 12, 2015 11:43:45 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Its been 2 years now since this company issued a statement on rights...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  | | Edit by user: Monday, October 12, 2015 11:47 PM | Reason: Not specified
sparkly
#15 Posted : Tuesday, October 13, 2015 12:29:30 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
Massive dilutive rights issue here we come. Who releases very rosy news in a bear market? 65cts to be paid out as dividend out of EPS KES 5.24. What a joke! Now I strongly prefer KPLC.


The good news is that Kengen is a cashflow cow and GOK has been doing the heavy lifting by guaranteeing the loans from development partners.
Life is short. Live passionately.
Back to top
  |
Aguytrying
#16 Posted : Tuesday, October 13, 2015 2:44:09 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
The only problem with this and KPLC is That shareholders are down the pecking order of benefit. I'd have expected a better dividend from this performance ala wtk cc @hisah.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
murchr
#17 Posted : Tuesday, October 13, 2015 4:37:19 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Aguytrying wrote:
The only problem with this and KPLC is That shareholders are down the pecking order of benefit. I'd have expected a better dividend from this performance ala wtk cc @hisah.


I don't understand why they are paying divs yet they need money.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
VituVingiSana
#18 Posted : Tuesday, October 13, 2015 6:34:21 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
murchr wrote:
Aguytrying wrote:
The only problem with this and KPLC is That shareholders are down the pecking order of benefit. I'd have expected a better dividend from this performance ala wtk cc @hisah.


I don't understand why they are paying divs yet they need money.

PR. KenGen should NOT be paying dividends but it looks good in the public's eye (& the thousands of shareholders) if they do. Compare to Centum where Kirubi doesn't care about dividends as the shareholder list is much smaller.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Angelica _ann
#19 Posted : Tuesday, October 13, 2015 6:47:55 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
What is the composition of other Comprehensive Income & is the growth sustainable.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  | | Edit by user: Tuesday, October 13, 2015 6:49 AM | Reason: Not specified
VituVingiSana
#20 Posted : Tuesday, October 13, 2015 7:08:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
Angelica _ann wrote:
What is the composition of other Comprehensive Income & is the growth sustainable.
I don't have info on the former until the Annual Report comes out. Not sustainable/repeated.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
14 Pages<1234>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.