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KenGen HY 2019
Rank: Member Joined: 5/2/2018 Posts: 267
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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
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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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;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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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?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://pbs.twimg.com/me..._NvajWsAAIwS4.jpg:large
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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"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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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Member Joined: 4/21/2015 Posts: 151
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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!
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Share price plunging Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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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
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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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
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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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
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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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
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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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