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KENGEN HY16 earnings up 15%

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sparkly		#51 Posted : Tuesday, March 01, 2016 12:45:35 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries Life is short. Live passionately.
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mlennyma		#52 Posted : Tuesday, March 01, 2016 12:58:36 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries we are now doing what moi could have done 30yrs ago geothermal is not a discovery it has been there since independence,I think over 50% of the wealth we see around with pple is govt stolen money "Don't let the fear of losing be greater than the excitement of winning."
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sparkly		#53 Posted : Tuesday, March 01, 2016 1:10:05 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		mlennyma wrote: sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries we are now doing what moi could have done 30yrs ago geothermal is not a discovery it has been there since independence,I think over 50% of the wealth we see around with pple is govt stolen money Moi Gov was an unfortunate tragedy. Life is short. Live passionately.
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VituVingiSana		#54 Posted : Tuesday, March 01, 2016 1:48:36 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries Such investments are not made solely on the basis of a railway or cheap power but the prevailing macro-economic conditions and environment. Cheap power helps but if the firm has to bribe from its goods to move from Point A to B then the cheap power is anything but. Then comes labor. Skills? Cost? Reliability? What about security? Who cares if power is cheap & there's a railway if it gets uprooted? What if after building a factory, some chaps come over and 'claim' the land is theirs? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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sparkly		#55 Posted : Tuesday, March 01, 2016 2:16:32 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries Such investments are not made solely on the basis of a railway or cheap power but the prevailing macro-economic conditions and environment. Cheap power helps but if the firm has to bribe from its goods to move from Point A to B then the cheap power is anything but. Then comes labor. Skills? Cost? Reliability? What about security? Who cares if power is cheap & there's a railway if it gets uprooted? What if after building a factory, some chaps come over and 'claim' the land is theirs? @VVS, I care. In fact I am looking into ways and means of operating in the Special Economic Zones Life is short. Live passionately.
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VituVingiSana		#56 Posted : Tuesday, March 01, 2016 6:14:26 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		sparkly wrote: VituVingiSana wrote: sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries Such investments are not made solely on the basis of a railway or cheap power but the prevailing macro-economic conditions and environment. Cheap power helps but if the firm has to bribe from its goods to move from Point A to B then the cheap power is anything but. Then comes labor. Skills? Cost? Reliability? What about security? Who cares if power is cheap & there's a railway if it gets uprooted? What if after building a factory, some chaps come over and 'claim' the land is theirs? @VVS, I care. In fact I am looking into ways and means of operating in the Special Economic Zones That's the point. You want to be in the SEZ coz there are OTHER enabling factors like infrastructure, security, 'laws' [enforceable rules governing taxes, titles, etc], tax incentives IN ADDITION to cheap power and access to a railway. You want a PACKAGE. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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murchr		#57 Posted : Tuesday, March 01, 2016 6:48:44 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		sparkly wrote: PKoli wrote: Ericsson wrote: KENGEN plans to add 720MW additional power in the period 2016-2020 at a cost of ksh.200bn. Hope the economy grows to be able to provide the mkt for the additional power. We need a few energy intensive industies such as aluminium smelting, steel companies to uptake the additional power Cheap geothermal energy plus efficient railway will attract the industries Any info about the industrial park to be put up in Naivasha? I dont understand why the business segments of the Kenyan media dont load the AGM presentations "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 .
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