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Kenya Power HY18
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Ericsson
#81 Posted : Thursday, October 18, 2018 10:54:52 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.capitalfm.co...-kenya-power-acting-md/

Energy Cabinet Secretary Charles Keter has extended the mandate of the interim management team at Kenya Power for two more months.

The appointments, which include Engineer Jared Omondi Otieno appointment as acting Managing Director, were made after the prosecution of the firm’s managers over corruption charges.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#82 Posted : Friday, October 19, 2018 10:58:25 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
https://www.capitalfm.co.ke/business/2018/10/cs-keter-extends-term-of-kenya-power-acting-md/

Energy Cabinet Secretary Charles Keter has extended the mandate of the interim management team at Kenya Power for two more months.

The appointments, which include Engineer Jared Omondi Otieno appointment as acting Managing Director, were made after the prosecution of the firm’s managers over corruption charges.


These ones should continue.The other group was just after looting.
Towards the goal of financial freedom
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holycow
#83 Posted : Saturday, October 20, 2018 1:35:31 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
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  | | Edit by user: Saturday, October 20, 2018 1:36 PM | Reason: Not specified
Pesa Nane
#84 Posted : Saturday, October 20, 2018 1:58:33 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
KaunganaDoDo wrote:
Ericsson wrote:
FY results will be out next week.
Lets wait and see


Restated Financial FY16/17 and a huge Loss 2017/18...No dividends....Shock and Awe , Operations Desert Storm,

Profit warning Pap!
@KaunganaDoDo Applause Applause Applause Applause
Pesa Nane plans to be shilingi when he grows up.
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VyaBureSiachi
#85 Posted : Saturday, October 20, 2018 2:32:13 PM
Rank: New-farer

Joined: 2/27/2018
Posts: 59
Location: Cambrian Dc
Pesa Nane wrote:
KaunganaDoDo wrote:
Ericsson wrote:
FY results will be out next week.
Lets wait and see


Restated Financial FY16/17 and a huge Loss 2017/18...No dividends....Shock and Awe , Operations Desert Storm,

Profit warning Pap!
@KaunganaDoDo Applause Applause Applause Applause

He has proved himself to be the ultimate authority on kplc going forward. His calls have been ridiculously accurate.
Now let's wait for that ksh.1 to print on Monday Pray Pray
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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KaunganaDoDo
#86 Posted : Monday, October 22, 2018 9:29:13 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
VyaBureSiachi wrote:
Pesa Nane wrote:
KaunganaDoDo wrote:
Ericsson wrote:
FY results will be out next week.
Lets wait and see


Restated Financial FY16/17 and a huge Loss 2017/18...No dividends....Shock and Awe , Operations Desert Storm,

Profit warning Pap!
@KaunganaDoDo Applause Applause Applause Applause

He has proved himself to be the ultimate authority on kplc going forward. His calls have been ridiculously accurate.
Now let's wait for that ksh.1 to print on Monday Pray Pray


People should not be fooled by the Profit Warning...Saying a profit warning is a misnomer... This should be called Tragedy Warning...The early warning system was not utilized when the trigger alarm went off...For the curious hearts, it will be nice to watch the Movie from outside of the Auditorium...after 7 days, it will be stampede across the Narrow Alley of Sobibor
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mlennyma
#87 Posted : Monday, October 22, 2018 9:49:10 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Let the government buy back their shares from investors and continue killing the company.I see no independence in running kpl
"Don't let the fear of losing be greater than the excitement of winning."
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KaunganaDoDo
#88 Posted : Monday, October 22, 2018 10:04:29 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
mlennyma wrote:
Let the government buy back their shares from investors and continue killing the company.I see no independence in running kpl


GOK owes KPLC around 18B shillings, in operating and maintenance costs of Loss making Last Mile Projects
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Ericsson
#89 Posted : Monday, October 22, 2018 10:09:33 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KaunganaDoDo wrote:
mlennyma wrote:
Let the government buy back their shares from investors and continue killing the company.I see no independence in running kpl


GOK owes KPLC around 18B shillings, in operating and maintenance costs of Loss making Last Mile Projects


And KPLC owes GoK in terms of on-lent money
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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KaunganaDoDo
#90 Posted : Monday, October 22, 2018 10:21:22 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
KaunganaDoDo wrote:
mlennyma wrote:
Let the government buy back their shares from investors and continue killing the company.I see no independence in running kpl


GOK owes KPLC around 18B shillings, in operating and maintenance costs of Loss making Last Mile Projects


And KPLC owes GoK in terms of on-lent money


Mixing things...On-Lend Money are loans that KPLC services...18B is operating expenses that GoK is not paying. I dont think KPLC has ever defaulted on the On-Lent Loans
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