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Kengen success
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Aguytrying wrote:sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true @Aguy investing in stocks is risky business. Look at guys shunned Kengen, were heavy on banks. It's now their turn to cry and Kengen is all but forgotten. Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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sparkly wrote:Aguytrying wrote:sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true @Aguy investing in stocks is risky business. Look at guys shunned Kengen, were heavy on banks. It's now their turn to cry and Kengen is all but forgotten. On the contrary,its an opportunity for long term investors to load more of banking stocks of their choice.Banks will overcome the meltdown in the longrun. On kengen,i think guys are weary of the dilution factor after the recent rights issue.Lets wait for FY 2016 results in october for the way forward. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:sparkly wrote:Aguytrying wrote:sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true @Aguy investing in stocks is risky business. Look at guys shunned Kengen, were heavy on banks. It's now their turn to cry and Kengen is all but forgotten. On the contrary,its an opportunity for long term investors to load more of banking stocks of their choice.Banks will overcome the meltdown in the longrun. On kengen,i think guys are weary of the dilution factor after the recent rights issue.Lets wait for FY 2016 results in october for the way forward. My argument is that the price crash on the banks is irrational just like on Kengen. Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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sparkly wrote:Ebenyo wrote:sparkly wrote:Aguytrying wrote:sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true @Aguy investing in stocks is risky business. Look at guys shunned Kengen, were heavy on banks. It's now their turn to cry and Kengen is all but forgotten. On the contrary,its an opportunity for long term investors to load more of banking stocks of their choice.Banks will overcome the meltdown in the longrun. On kengen,i think guys are weary of the dilution factor after the recent rights issue.Lets wait for FY 2016 results in october for the way forward. My argument is that the price crash on the banks is irrational just like on Kengen. Kujipa moyo nayo? Meanwhile wacha stocks zianguke tununue. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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sparkly wrote:Ebenyo wrote:sparkly wrote:Aguytrying wrote:sparkly wrote:Aguytrying wrote:Ebenyo wrote:Aguytrying wrote:Ebenyo wrote:Kengen statistics based on FY 2015 results.
1.R.O.E- 8%
2.E.P.S- kshs 1.80
3.DPS- kshs 0.65
4.PER- kshs 3.50
5.Debt/equity-142%
6.ROA-3%
7.Shareholders equity- 141,594,000,000
8.Debts-200,926,000,000
9.Assets-342,520,000,000
10.Retained earnings-136,098,000,000
Comments
*Needs to do more to increase return on assets.This will help in reducing high debt to equity ratio.
*Healthy NAV
*Need to reduce debts dependency
FY 2016 results will be released on october.We shall see if there will be any new development.
200 bn in debts. Thats where i ran, debt is a cruel mistress if she turns on you. ask KK, KQ, ARM etc I agree with you.KK debt is manageable at the ratio of 94% to equity.Both KQ and ARM are out of hands.Kq repay their debts at 7 bilion annualy.The total debt is 113 bilion.It will take the next 16 years for them to clear it.Kengen pays 3 bilion yearly for their 200 bn debts.The uchumi scenerio was scaring.And to add salt to the injury,we shareholders are ranked last during the company liquidation.Debtors are first then preference shareholders. With the georthermal production which is said to be cheaper than dams construction,i think kengen will do well to try to reduce the debt dependency in the long run.I will keenly be watching their debt/equity ratio YoY. That's exactly the fear I have. Kengen have no intention or plan to reduce the debt dependency. That 200bn will take decades to clear. If managed well the company company will be ok. All the best Lifespan of a power plant is 25-30 years. That is how long a well matched capital mix should take to clear the debt per project. On Kengen debt: 1. Most debt is concessionary (around 4%-6%), 2.long tenure (average 15yrs),3. guaranteed by Treasury, 4. Kengen is virtually a monopoly, 5.Forex changes are hedged by direct charge to consumer through Kenya Power, 6.recent rights reduced debt by approx 30b, increased equity by approx 30b. Concern for Kengen is if: 1.debt is excessive (130% debt to equity is considered normal for power utilities, 200% or more excessive). 2. Debt is too expensive - Someone can help on this analysis Nevertheless i agree that Kengen needs to strike an optimal debt equity ratio, improve ROA, ROCE. With current capital Kengen should be making PBT of 50B. Thanks for those facts. Lets hope the company will be managed well, everything else will take care of itself after that. True on the ROA. very true @Aguy investing in stocks is risky business. Look at guys shunned Kengen, were heavy on banks. It's now their turn to cry and Kengen is all but forgotten. On the contrary,its an opportunity for long term investors to load more of banking stocks of their choice.Banks will overcome the meltdown in the longrun. On kengen,i think guys are weary of the dilution factor after the recent rights issue.Lets wait for FY 2016 results in october for the way forward. p My argument is that the price crash on the banks is irrational just like on Kengen. its called pricing in the risk. capping rates has direct impact on survival rate of the banks. kengen dilutive rights issue eats at your returns and complicates company's ownership structure. since hii pesa ni yangu n i put it where it pay best for the risk taken. banks n kengen got too risky hence the avalance. I luv my money n my fiancée too. eject button fully depressed and m not complaining. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 7/21/2014 Posts: 100 Location: Ghana
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Has printed 5.80 today VS 6.55 rights price.
More price correction in coming months.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Realcement wrote:Has printed 5.80 today VS 6.55 rights price.
More price correction in coming months. Investopedia wrote: A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation.
Corrections are generally temporary price declines interrupting an uptrend in the market or an asset. Life is short. Live passionately.
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