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KenGen HY 2019
Superprime1
#1 Posted : Thursday, February 21, 2019 7:44:11 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
Net profit flat at Sh4.12bn (0.5% up)

Total revenue flat at Sh18.04bn (0.3% up)
Operating profit down 4.4% to Sh7.12bn
PBT down 1% to Sh6.02bn
Ericsson
#2 Posted : Friday, February 22, 2019 9:20:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Cash flow improved from ksh.701mn in December 31 2017 to 8.763bn in 31 December 2018
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#3 Posted : Friday, February 22, 2019 9:28:23 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ericsson wrote:
Cash flow improved from ksh.701mn in December 31 2017 to 8.763bn in 31 December 2018

Vague statement.
Say, you met cash position. Is it out of increased debt or sale of assets, since its not from improved profitability. Probably, the management is idle sitting cash that's not generating any benefits for the investors and that's is evident from lack of growth in all the company's bottom lines.
The management has run out of ideas, so I may say.
,Behold, a sower went forth to sow;....
Ericsson
#4 Posted : Friday, February 22, 2019 9:42:33 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
Cash flow improved from ksh.701mn in December 31 2017 to 8.763bn in 31 December 2018

Vague statement.
Say, you met cash position. Is it out of increased debt or sale of assets, since its not from improved profitability. Probably, the management is idle sitting cash that's not generating any benefits for the investors and that's is evident from lack of growth in all the company's bottom lines.
The management has run out of ideas, so I may say.


Boss don't oppose before knowing the reason.
Remember kenya power said they paid kengen their debt.That is cash
Improved cash flow doesn't necessary mean growth in profit.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#5 Posted : Friday, February 22, 2019 10:51:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://pbs.twimg.com/me...8DXM8XcAE0Qsn.jpg:large

Net cash generated from operating activities increased from ksh.1.337bn to ksh.24.568bn

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Horton
#6 Posted : Friday, February 22, 2019 10:54:22 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
https://pbs.twimg.com/media/Dz8DXM8XcAE0Qsn.jpg:large

Net cash generated from operating activities increased from ksh.1.337bn to ksh.24.568bn




Hmmm wonder what happened there?
Ericsson
#7 Posted : Friday, February 22, 2019 10:59:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Horton wrote:
Ericsson wrote:
https://pbs.twimg.com/media/Dz8DXM8XcAE0Qsn.jpg:large

Net cash generated from operating activities increased from ksh.1.337bn to ksh.24.568bn




Hmmm wonder what happened there?


Kenya power repaid the debt it owed kengen.

"Kenya Power has cleared 85 per cent of all debt it owes the Kenya Electricity Generating (KenGen) Company.

According to KenGen, Kenya Power cleared the arrears which amounts to Ksh.18.57 billion, between July and October 2018.

“We are glad to report that, though trade receivables from Kenya Power stood at Sh21.88 billion as at 30 June 2018, at the time of releasing the results (post balance sheet), Sh18.57 billion had been received,” KenGen Managing Director Rebecca Miano said in at a briefing on Friday."

Link;http://news.callapr.co.ke/kenya-power-clears-85-per-cent-of-debt-owed-to-kengen/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#8 Posted : Friday, February 22, 2019 12:10:18 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://pbs.twimg.com/me..._NvajWsAAIwS4.jpg:large

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#9 Posted : Monday, February 25, 2019 5:29:55 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
"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
.
Ericsson
#10 Posted : Tuesday, February 26, 2019 7:43:56 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
murchr wrote:


Good diversification strategy considering HY results were flat both in terms of revenue and profitability
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
AndyC
#11 Posted : Tuesday, February 26, 2019 8:14:14 AM
Rank: Member


Joined: 4/21/2015
Posts: 151
They have 30% of phase 2 of the project. Looking at 690M


Whichever year that phase will be. Too much noise for so little income!
watesh
#12 Posted : Tuesday, February 26, 2019 10:24:31 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 969
Location: Kenya
AndyC wrote:
They have 30% of phase 2 of the project. Looking at 690M


Whichever year that phase will be. Too much noise for so little income!

EXACTLY!!!!!!Applause Applause Applause Applause Applause
Ericsson
#13 Posted : Monday, March 18, 2019 1:21:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Share price plunging
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#14 Posted : Monday, May 20, 2019 10:49:58 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Energy producer Kengen has inched closer to clearing its Ksh.25 billion infrastructure bond,following the payment of the second last installment amounting to ksh.1.5 billion and additional sh.193.7 million in interest to bondholders.
The last installment redemption and interest is due for payment in October 31 2019.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
FUNKY
#15 Posted : Friday, May 24, 2019 10:50:56 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.

Dividend income from Kenya Power is forecast at Sh500 million, 66.67 per cent more than Sh300 million this year ending June.

All the gurus here kindly advise I want to buy kemgen price should implode anytime
VituVingiSana
#16 Posted : Friday, May 24, 2019 10:59:14 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,098
Location: Nairobi
FUNKY wrote:
The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.

Dividend income from Kenya Power is forecast at Sh500 million, 66.67 per cent more than Sh300 million this year ending June.

All the gurus here kindly advise I want to buy kemgen price should implode anytime

A dividend from KPLC this year with all the drama? That would be interesting.
Did KPLC declare a dividend last year?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#17 Posted : Saturday, May 25, 2019 6:09:23 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
VituVingiSana wrote:
FUNKY wrote:
The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.

Dividend income from Kenya Power is forecast at Sh500 million, 66.67 per cent more than Sh300 million this year ending June.

All the gurus here kindly advise I want to buy kemgen price should implode anytime

A dividend from KPLC this year with all the drama? That would be interesting.
Did KPLC declare a dividend last year?


No
sparkly
#18 Posted : Saturday, May 25, 2019 9:37:22 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
FUNKY wrote:
The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.


I expect another 14k from my meager holdings.
Life is short. Live passionately.
Ebenyo
#19 Posted : Saturday, May 25, 2019 11:01:41 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
FUNKY wrote:
The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.

Dividend income from Kenya Power is forecast at Sh500 million, 66.67 per cent more than Sh300 million this year ending June.

All the gurus here kindly advise I want to buy kemgen price should implode anytime




So this is from an article on 5th May 2019 and you expect the price to implode? https://www.businessdail...101554-dl0hln/index.html
Towards the goal of financial freedom
sparkly
#20 Posted : Saturday, May 25, 2019 1:53:50 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
[quote=FUNKY]The Treasury also expects to earn Sh1 billion from electricity producer, KenGen where it controls a 70 per cent stake, unchanged from the current year.

Dividend income from Kenya Power is forecast at Sh500 million, 66.67 per cent more than Sh300 million this year ending June.

All the gurus here kindly advise I want to buy kemgen price should implode anytime




So this is from an article on 5th May 2019 and you expect the price to implode? https://www.businessdail...01554-dl0hln/index.html[/quote]

Implode means collapse. Not sure if this is what @Funky means
Life is short. Live passionately.
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