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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: 10,684
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: 1,997
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.
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holycow
#83 Posted : Saturday, October 20, 2018 1:35:31 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 971
Location: Home
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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: 56
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: 6,183
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: 10,684
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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kawi254
#91 Posted : Monday, October 22, 2018 10:30:07 AM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
KaunganaDoDo wrote:
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


<sarcastic font>
Quote:
All utilities are a good buy KPLC MONOPOLY

</sarcastic font>
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mlennyma
#92 Posted : Monday, October 22, 2018 10:30:17 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
KaunganaDoDo wrote:
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

cityhall alone 1.2billion
"Don't let the fear of losing be greater than the excitement of winning."
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rwitre
#93 Posted : Monday, October 22, 2018 11:57:16 AM
Rank: Member


Joined: 3/8/2018
Posts: 507
Location: Nairobi
kawi254 wrote:
KaunganaDoDo wrote:
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


<sarcastic font>
Quote:
All utilities are a good buy KPLC MONOPOLY

</sarcastic font>



Sad. In a well run country, utilities are a safe bet for investors. But this one of ours. d'oh!
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Ebenyo
#94 Posted : Monday, October 22, 2018 12:24:04 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
holycow wrote:



1.Depressed economic environment-this one is caused by GOK.This is manifest not
only in kenya power,but all angles of kenya economy.
2.Poor hydrological conditions-geothermal is cheaper and reliable.
3.Protracted electioneering period-its true but now with handshake,things should be better.
4.Increased finance costs-these loans should be used to create value to the company.
5.Delayed review of retail electricity tarrifs-Arap mashamba refused kenya power to increase it.
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mlennyma
#95 Posted : Monday, October 22, 2018 12:54:50 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Ebenyo wrote:
holycow wrote:



1.Depressed economic environment-this one is caused by GOK.This is manifest not
only in kenya power,but all angles of kenya economy.
2.Poor hydrological conditions-geothermal is cheaper and reliable.
3.Protracted electioneering period-its true but now with handshake,things should be better.
4.Increased finance costs-these loans should be used to create value to the company.
5.Delayed review of retail electricity tarrifs-Arap mashamba refused kenya power to increase it.

Dams were overflowing but this translates to nothing for kenya power
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#96 Posted : Monday, October 22, 2018 12:56:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
mlennyma wrote:
Ebenyo wrote:
holycow wrote:



1.Depressed economic environment-this one is caused by GOK.This is manifest not
only in kenya power,but all angles of kenya economy.
2.Poor hydrological conditions-geothermal is cheaper and reliable.
3.Protracted electioneering period-its true but now with handshake,things should be better.
4.Increased finance costs-these loans should be used to create value to the company.
5.Delayed review of retail electricity tarrifs-Arap mashamba refused kenya power to increase it.

Dams were overflowing but this translates to nothing for kenya power

Laughing out loudly Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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guru267
#97 Posted : Monday, October 22, 2018 1:09:29 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
Ebenyo wrote:
holycow wrote:



1.Depressed economic environment-this one is caused by GOK.This is manifest not
only in kenya power,but all angles of kenya economy.
2.Poor hydrological conditions-geothermal is cheaper and reliable.
3.Protracted electioneering period-its true but now with handshake,things should be better.
4.Increased finance costs-these loans should be used to create value to the company.
5.Delayed review of retail electricity tarrifs-Arap mashamba refused kenya power to increase it.

Dams were overflowing but this translates to nothing for kenya power


Overflowing dams only benefits Kengen
Mark 12:29
Deuteronomy 4:16
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murchr
#98 Posted : Monday, October 22, 2018 1:15:30 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
guru267 wrote:
mlennyma wrote:
Ebenyo wrote:
holycow wrote:



1.Depressed economic environment-this one is caused by GOK.This is manifest not
only in kenya power,but all angles of kenya economy.
2.Poor hydrological conditions-geothermal is cheaper and reliable.
3.Protracted electioneering period-its true but now with handshake,things should be better.
4.Increased finance costs-these loans should be used to create value to the company.
5.Delayed review of retail electricity tarrifs-Arap mashamba refused kenya power to increase it.

Dams were overflowing but this translates to nothing for kenya power


Overflowing dams only benefits Kengen


This is serious.
"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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Ebenyo
#99 Posted : Monday, February 11, 2019 10:16:58 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Pesa Nane wrote:
Ericsson wrote:
Cash flow statement and balance sheet




Ahead of HY results next week,projection indicates there will be improved cash flow position.
Towards the goal of financial freedom
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Ericsson
#100 Posted : Monday, February 11, 2019 11:45:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Ebenyo wrote:
Pesa Nane wrote:
Ericsson wrote:
Cash flow statement and balance sheet




Ahead of HY results next week,projection indicates there will be improved cash flow position.

Are you sure HY results will be released next week
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Wealth=Income + Investments - Lifestyle
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