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KENGEN FY18
Pesa Nane
#1 Posted : Thursday, October 25, 2018 6:55:26 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#2 Posted : Thursday, October 25, 2018 7:14:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
What's the deal with the restatement?

Interesting Note: Finance Income > Finance Costs
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Pesa Nane
#3 Posted : Thursday, October 25, 2018 7:22:00 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Dividend Kshs. 0.40

closure 06 December 2018
Payable 07 February 2019
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#4 Posted : Thursday, October 25, 2018 8:13:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
What's the deal with the restatement?

Interesting Note: Finance Income > Finance Costs


Finance Income>Finance costs;Part of the cash money they have for projects was put into fixed deposit accounts and government securities to earn an income.
They have a very bright fellow in-charge of Finance

@vvs
The reduced interest expense/finance costs is due to reducing closing balance of the Infrastructure Bond.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
BKB
#5 Posted : Thursday, October 25, 2018 8:18:19 PM
Rank: New-farer

Joined: 1/14/2015
Posts: 16
Location: Ngamia 1
Ericsson wrote:
VituVingiSana wrote:
What's the deal with the restatement?

Interesting Note: Finance Income > Finance Costs


Finance Income>Finance costs;Part of the cash money they have for projects was put into fixed deposit accounts and government securities to earn an income.
They have a very bright fellow in-charge of Finance


Applause Applause Applause Applause
Superprime1
#6 Posted : Thursday, October 25, 2018 9:27:14 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
Pesa Nane wrote:
Dividend Kshs. 0.40

closure 06 December 2018
Payable 07 February 2019


A dividend finally after two consecutive years of dry spell. Little wonder then that stock has been acting bullish after dipping to nearly 6 bob...Applause
Ericsson
#7 Posted : Thursday, October 25, 2018 10:42:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Tomorrow ksh.8 per share will be smashed.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#8 Posted : Thursday, October 25, 2018 10:43:32 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Pesa Nane wrote:
Dividend Kshs. 0.40

closure 06 December 2018
Payable 07 February 2019

Applause Applause Applause
Good work Pesa Nane for sharing the information timely
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#9 Posted : Friday, October 26, 2018 6:55:49 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Tomorrow ksh.8 per share will be smashed.


On the contrary, the mini run is likely to cool off... buy the rumours, sell the news.
Life is short. Live passionately.
KaunganaDoDo
#10 Posted : Friday, October 26, 2018 7:20:16 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
VituVingiSana wrote:
What's the deal with the restatement?

Interesting Note: Finance Income > Finance Costs


Restatement also awaits KPLC....chop off 3 billion from 2016/17 PBT...or higher...
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