Wazua
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Kenya Power FY 2017/2018
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Share price is hitting lowest level in 15 years Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Ericsson wrote:Share price is hitting lowest level in 15 years Brace for below 2 bob after results are announced. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:Share price is hitting lowest level in 15 years You haven't seen nothing yet .... The numbers will be out of the kitchen sink sooner.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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VituVingiSana wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness  And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. I think I mentioned this to you when you first joined. It's a tough lesson. I learned it years ago. Do note I have KenRe and I  that Looto doesn't get his hands on it BUT there is no guarantee. I am ready and willing to take a loss and close the chapter come 2022. I agree with you.But with the little knowledge i have learnt here for two years now,i will not go for loss.Patience is the best practice needed here. Towards the goal of financial freedom
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ebenyo wrote:VituVingiSana wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness  And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. I think I mentioned this to you when you first joined. It's a tough lesson. I learned it years ago. Do note I have KenRe and I  that Looto doesn't get his hands on it BUT there is no guarantee. I am ready and willing to take a loss and close the chapter come 2022. I agree with you.But with the little knowledge i have learnt here for two years now,i will not go for loss.Patience is the best practice needed here. The Company is expected to make operating loss 2018/19 unless otherwise. Other Income from Customers Contribution during new connections armotization is what will be the source of hope, little as it. But the Opex, Power Purchase costs ,are expected to be MORE than what is in the tariff....
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Only knights with iron hands shall survive this battle. The serrated arrows are raining. Lightning is flashing and all that is visible is carnage in the darkest of nights. Stonkered soldiers spraunchle up the hill. Defeated at heart; morally merely wreckage of the chivalrous stallions that once courted the most beautiful princesses in the land. Their armour spiked by the tails of deeply embedded arrows. Their pain forgotten like the cold rain. The castle is yonder and the opposing armies have swarmed outside. The vultures feed on the carcasses. Defeat is imminent like the ear-splitting thunder that follows the blinding lightning flashing like the anger of God.
But there is another army of gutsy chevaliers hidden in the woods... Oh how they wish that the true-blue pawns would not have to be slaughtered... But they will attack when the enemy is celebrating the glory of victory with fatuous gusto... Will their pukka bravery be rewarded by the King's merry laughter and feasts and celestial pleasures befitting the pagan gods of old? Time is the narrator...
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Extraterrestrial wrote: Only knights with iron hands shall survive this battle. The serrated arrows are raining. Lightning is flashing and all that is visible is carnage in the darkest of nights. Stonkered soldiers spraunchle up the hill. Defeated at heart; morally merely wreckage of the chivalrous stallions that once courted the most beautiful princesses in the land. Their armour spiked by the tails of deeply embedded arrows. Their pain forgotten like the cold rain. The castle is yonder and the opposing armies have swarmed outside. The vultures feed on the carcasses. Defeat is imminent like the ear-splitting thunder that follows the blinding lightning flashing like the anger of God.
But there is another army of gutsy chevaliers hidden in the woods... Oh how they wish that the true-blue pawns would not have to be slaughtered... But they will attack when the enemy is celebrating the glory of victory with fatuous gusto... Will their pukka bravery be rewarded by the King's merry laughter and feasts and celestial pleasures befitting the pagan gods of old? Time is the narrator... Muandiwambeu? Start!
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Rank: Member Joined: 2/20/2007 Posts: 767
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If looto ascends to the seat in 2022, even Kengen will not be spared. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
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KaunganaDoDo wrote:Ebenyo wrote:VituVingiSana wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness  And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. I think I mentioned this to you when you first joined. It's a tough lesson. I learned it years ago. Do note I have KenRe and I  that Looto doesn't get his hands on it BUT there is no guarantee. I am ready and willing to take a loss and close the chapter come 2022. I agree with you.But with the little knowledge i have learnt here for two years now,i will not go for loss.Patience is the best practice needed here. The Company is expected to make operating loss 2018/19 unless otherwise. Other Income from Customers Contribution during new connections armotization is what will be the source of hope, little as it. But the Opex, Power Purchase costs ,are expected to be MORE than what is in the tariff.... KaunganaDoDo is well informed...the questions I would like his help with are: 1. What is his view of the current 'acting' management? Can they be trusted to clean shop and run KPLC properly and realise it's immense potential as a monopoly? 2. KPLC has missed to pay dividends before (in 2013) but resumed paying dividend the next year...is this a highly probable scenario i.e. Dividends in FY19? 3. What is needed to unlock KPLC massive book value of almost 28 bob Offering my personal finance knowledge for free
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Rank: Member Joined: 8/6/2018 Posts: 299
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nashx wrote:KaunganaDoDo wrote:Ebenyo wrote:VituVingiSana wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness  And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. I think I mentioned this to you when you first joined. It's a tough lesson. I learned it years ago. Do note I have KenRe and I  that Looto doesn't get his hands on it BUT there is no guarantee. I am ready and willing to take a loss and close the chapter come 2022. I agree with you.But with the little knowledge i have learnt here for two years now,i will not go for loss.Patience is the best practice needed here. The Company is expected to make operating loss 2018/19 unless otherwise. Other Income from Customers Contribution during new connections armotization is what will be the source of hope, little as it. But the Opex, Power Purchase costs ,are expected to be MORE than what is in the tariff.... KaunganaDoDo is well informed...the questions I would like his help with are: 1. What is his view of the current 'acting' management? Can they be trusted to clean shop and run KPLC properly and realise it's immense potential as a monopoly? 2. KPLC has missed to pay dividends before (in 2013) but resumed paying dividend the next year...is this a highly probable scenario i.e. Dividends in FY19? 3. What is needed to unlock KPLC massive book value of almost 28 bob Happy Shabbat... 1). Even if you got Saint James or St. Andrews and you take them to Stima Plaza, as long as there is negative political interference, it will be a long shot. Plus most of the kplc contracts are long term, The current Management will be contrained for many years to come. Though i can say their operations will be Pareto Constraint Optimal. The saviour will be the current regulatory and oversight over kplc operations, where things which used to be hidden in mystery are opening up, Plus UK has emboldened the Ag. Management alot with his public declaration. 2). For sure, the dividend drought will continue, UNLESS there is strategic initiatives like conversation of GoK onlend loans to equity and simultaneous Rights Issue to fund their capex and free some cashflow. The company is heavily indebted . Finance cost should spike from 5B in 2017 to 8 B this year... Plus the biggest worry is is the current tariffs enough to meet the power purchase cost? Remember even the tariff has lowered the Required level of loss target from 15.9% to 14.9%...Meaning that customers will bear loss in electricity distribution by 14.9% of the total power purchase cost, above this target, Kplc bears this cost... KPLC is currently doing losses of over 20%...Do the mats when accounts are released, you will see this will result into... 3). The book value should be reduced further when new Financial Account are released but generally, the company has been having very Low ROA due to the constrained operating environment... Most of the company assets are not what you call production assets... Political Power and Chinese Power brokers with their Kenyan Gate Keepers normally do so many unnecessary projects that lie idle, ...like Bigger substations in areas of low demand, Undergrounding projects that don't reduce losses etc etc etcThey just increase depreciation charges and nothing else
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