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KenGen HY 2019
 
        
            
            
    
        
Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                sparkly wrote:heri wrote:KaunganaDoDo wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:Let's see if KenGen and/or KPLC will release unaudited 1H20 results. Others that might end up in the same boat includes Kenya Re and EAPCC.  Half Year KPLC should be out this week or Next week....same for KenGen  Last week passed,this week coming two days remaining. KaunganaDoDo what's the latest?  There should be delay  due to the Force Majeure of HE Moi's  death...but Not later than 26th..  http://wazua.co.ke/forum...91&f=1&q=889773 15th + 1 day for the unneeded holiday + Sunday = 17th How does the 26th come into play? BUT we can wait for the 26th Feb, then 26th Mar, then 26th April    Kenya Re usually reports FY numbers by end of March. This might end up being a long wait for the results and dividend! It makes sense to change the law to have the incumbent hang in there, if s/he wants to, until the new one is chosen and has taken over. Or have the successor chosen and ready to go as soon as the term of the incumbent expires.  Actually KenGen were doing their H1 reporting last week, with Kplc scheduled for this week...CMA has told them to wait at the last moment...there's scheduled for a Status Meeting with the National Treasury on way forward Monday 17th, after which it will be decided whether to publish H1 or Publish FY or wait both...its murky waters this Auditor General Absence  CMA has agreed for publication of FY and H1 Financials....sasa watu watafute Tissue Paper, sasa wengine watasaga meno na wengine watacheka na Nyavu  Are we crying again in KENGEN?  Or cumming?  Uko na njaa wewe Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
  
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
  
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                Ericsson wrote:sparkly wrote:heri wrote:KaunganaDoDo wrote:KaunganaDoDo wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:VituVingiSana wrote:Let's see if KenGen and/or KPLC will release unaudited 1H20 results. Others that might end up in the same boat includes Kenya Re and EAPCC.  Half Year KPLC should be out this week or Next week....same for KenGen  Last week passed,this week coming two days remaining. KaunganaDoDo what's the latest?  There should be delay  due to the Force Majeure of HE Moi's  death...but Not later than 26th..  http://wazua.co.ke/forum...91&f=1&q=889773 15th + 1 day for the unneeded holiday + Sunday = 17th How does the 26th come into play? BUT we can wait for the 26th Feb, then 26th Mar, then 26th April    Kenya Re usually reports FY numbers by end of March. This might end up being a long wait for the results and dividend! It makes sense to change the law to have the incumbent hang in there, if s/he wants to, until the new one is chosen and has taken over. Or have the successor chosen and ready to go as soon as the term of the incumbent expires.  Actually KenGen were doing their H1 reporting last week, with Kplc scheduled for this week...CMA has told them to wait at the last moment...there's scheduled for a Status Meeting with the National Treasury on way forward Monday 17th, after which it will be decided whether to publish H1 or Publish FY or wait both...its murky waters this Auditor General Absence  CMA has agreed for publication of FY and H1 Financials....sasa watu watafute Tissue Paper, sasa wengine watasaga meno na wengine watacheka na Nyavu  Are we crying again in KENGEN?  Or cumming?  Uko na njaa wewe  Ya dividends    Life is short. Live passionately.   
            
 
         
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
  
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
  
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Rank: Chief Joined: 1/3/2007 Posts: 18,265 Location: Nairobi
  
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                FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                VituVingiSana wrote:FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner?  They are cash rich it seems  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
  
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                Ericsson wrote:VituVingiSana wrote:FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner?  They are cash rich it seems   Nobody wants to invest Equity in the long term infrastructure projects. Investors want debt. Life is short. Live passionately.   
            
 
         
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Rank: Chief Joined: 1/3/2007 Posts: 18,265 Location: Nairobi
  
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                sparkly wrote:Ericsson wrote:VituVingiSana wrote:FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner?  They are cash rich it seems   Nobody wants to invest Equity in the long term infrastructure projects. Investors want debt.   State-owned electricity producer Kenya Electricity Generating Company (KenGen) #ticker:KEGN has  extended the search for a joint venture (JV) partner for a geothermal plant until Friday as it looks to raise its stock of green energy. https://www.businessdail...twitter_impression=true
If it is cash-rich and has the ability to take on debt, why does it need a partner which will own & control 75% of the SPV? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                VituVingiSana wrote:sparkly wrote:Ericsson wrote:VituVingiSana wrote:FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner?  They are cash rich it seems   Nobody wants to invest Equity in the long term infrastructure projects. Investors want debt.   State-owned electricity producer Kenya Electricity Generating Company (KenGen) #ticker:KEGN has  extended the search for a joint venture (JV) partner for a geothermal plant until Friday as it looks to raise its stock of green energy. https://www.businessdail...twitter_impression=true
If it is cash-rich and has the ability to take on debt, why does it need a partner which will own & control 75% of the SPV?  Remember mobitelea in safaricom. The partner has to be politically correct and connected and give a stake to the partners. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                sparkly wrote:Ericsson wrote:VituVingiSana wrote:FUNKY wrote:https://www.businessdailyafrica.com/economy/KenGen-eyes-geothermal-tenders-in-8-African-states/3946234-5461814-50bwwuz/index.html    KenGen can't find a partner?  They are cash rich it seems   Nobody wants to invest Equity in the long term infrastructure projects. Investors want debt.  True GDC has examples in menengai Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
  
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                Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business. 
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                Extraterrestrial wrote:Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business.  KaunganaDoDo any comment  Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle  
            
 
         
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Rank: Member Joined: 8/6/2018 Posts: 299
  
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                Ericsson wrote:Extraterrestrial wrote:Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business.  KaunganaDoDo any comment   No Chance for Further delays. Unless there's a coup de etat  
            
 
         
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
  
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                KaunganaDoDo wrote:Ericsson wrote:Extraterrestrial wrote:Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business.  KaunganaDoDo any comment   No Chance for Further delays. Unless there's a coup de etat  What is the expected date for release? Life is short. Live passionately.   
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                sparkly wrote:KaunganaDoDo wrote:Ericsson wrote:Extraterrestrial wrote:Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business.  KaunganaDoDo any comment   No Chance for Further delays. Unless there's a coup de etat  What is the expected date for release?  Still unknown 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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                Ericsson wrote:sparkly wrote:KaunganaDoDo wrote:Ericsson wrote:Extraterrestrial wrote:Lol CMA might again stop release at the last moment. These guys know how to play Kengen. Meanwhile, Madame Rebecca is on a roll with bagging more African business.  KaunganaDoDo any comment   No Chance for Further delays. Unless there's a coup de etat  What is the expected date for release?  Still unknown  Let them still delay as its giving me a chance to accumulate as many as I can   
            
 
         
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Rank: Chief Joined: 1/3/2007 Posts: 18,265 Location: Nairobi
  
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                What was the dividend last year? What was the Dividend Payout Ratio last year? What's the board's policy for dividends and dividend payout ratio? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett  
            
 
         
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
  
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                VituVingiSana wrote:What was the dividend last year? Sh. 0.40 What was the Dividend Payout Ratio last year?35% of after tax profits 
  What's the board's policy for dividends and dividend payout ratio?  Payout ratio not sure if they will retain it at 35% or increase  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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                Ericsson wrote:VituVingiSana wrote:What was the dividend last year? Sh. 0.40 What was the Dividend Payout Ratio last year?35% of after tax profits 
  What's the board's policy for dividends and dividend payout ratio?  Payout ratio not sure if they will retain it at 35% or increase   They might retain the dividend payout ratio but might surprise with a special dividend   
            
 
         
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