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Kenya Power HY 2019
Ebenyo
#361 Posted : Wednesday, February 10, 2021 10:35:50 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
littledove wrote:
https://www.businessdailyafrica.com/bd/economy/agency-to-purchase-poles-for-sh60-000-a-piece-3280264
The Rural Electrification and Renewable Energy Corporation (REREC) is seeking 15,000 electricity poles made from bamboo in a shift towards long-lasting eco-friendly posts.

The company has started tendering for the poles from local firms, making the first time the composite poles will be used in a large-scale electricity transmission project.

Kenya Power, Nairobi Metropolitan Service (NMS) and REREC agreed to start using the bamboo-made poles, diversifying from concrete and wooden posts-- which have a shorter lifespan and are therefore more expensive over time.

The rural electrification agency will use the composite poles in swampy areas and zones infested with termites, which cut the wooden posts' life span to five years.


Other people will eat well in this but shareholder will wait longer

...........

REREC reckons the eco-friendly poles can last more than 75 years compared with less than 10 years for wooden posts and between 15 and 30 years for concrete masts.

The state-run agency has set a cap of Sh50,000 for a composite pole compared with Sh25,000 and Sh12,000 for concrete and wooden posts respectively.



Towards the goal of financial freedom
VituVingiSana
#362 Posted : Thursday, February 11, 2021 1:23:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,038
Location: Nairobi
https://www.businessdail...onsumers-switch-3286876 Kenya Power enters solar to curb consumers switch

I used to be a supporter/shareholder but I am so glad I got out of KPLC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ebenyo
#363 Posted : Monday, February 15, 2021 10:20:04 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/economy/kenya-power-curb-consumers-switch-3286876 Kenya Power enters solar to curb consumers switch

I used to be a supporter/shareholder but I am so glad I got out of KPLC.


Looks like it will go KQ way.

Towards the goal of financial freedom
littledove
#364 Posted : Tuesday, February 16, 2021 10:53:54 AM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
Ebenyo wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/bd/economy/kenya-power-curb-consumers-switch-3286876 Kenya Power enters solar to curb consumers switch

I used to be a supporter/shareholder but I am so glad I got out of KPLC.


Looks like it will go KQ way.



true, kq also started matatu business from cbd to airport before it went bust, signs are very clear
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#365 Posted : Thursday, February 18, 2021 10:42:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#366 Posted : Friday, February 19, 2021 2:06:00 PM
Rank: Member


Joined: 8/6/2018
Posts: 292
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week
Ebenyo
#367 Posted : Friday, February 19, 2021 10:03:48 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week



While kengen shareholders will eat meat,kplc shareholders will sleep hungrily.This is not fare.
Towards the goal of financial freedom
Ericsson
#368 Posted : Saturday, February 20, 2021 11:21:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Kenya power owes KENGEN ksh.24 billion for electricity supplies as the power retailer continued to struggle in the course of last year.
This is money that remained unpaid beyond the 90-day credit period set out in the power purchase agreements (PPAs) between the two firms
In addition the amounts due from KPLC were on average outstanding for periods of 195-days which was way above the 90-day credit cycle provided for in the agreement between the two companies",said the Auditor General in the report


https://www.standardmedi...for-electricity-supplies
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#369 Posted : Monday, February 22, 2021 8:05:23 AM
Rank: Member


Joined: 8/6/2018
Posts: 292
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week

His Hour of Judgment Cometh and Cometh soon

Ericsson
#370 Posted : Monday, February 22, 2021 11:02:29 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Ebenyo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week



While kengen shareholders will eat meat,kplc shareholders will sleep hungrily.This is not fare.


The culture at kplc doesn't allow shareholders to eat meat
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#371 Posted : Monday, February 22, 2021 11:04:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
KaunganaDoDo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week

His Hour of Judgment Cometh and Cometh soon



Will share price collapse to below ksh.1?
2020/2021 they will be staring at another loss.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#372 Posted : Monday, February 22, 2021 4:46:18 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Ericsson wrote:
KaunganaDoDo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week

His Hour of Judgment Cometh and Cometh soon



Will share price collapse to below ksh.1?
2020/2021 they will be staring at another loss.



Last mile project was a real disaster.It was done politically without looking at the value it will give back the company.
Towards the goal of financial freedom
HaMaina
#373 Posted : Tuesday, February 23, 2021 11:20:38 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Ebenyo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week

His Hour of Judgment Cometh and Cometh soon



Will share price collapse to below ksh.1?
2020/2021 they will be staring at another loss.



Last mile project was a real disaster.It was done politically without looking at the value it will give back the company.


The last Mile was a good idea to increase the customer numbers, the issue was the corrupt KPLC & government fools who turned it into a cash cow, thus increasing costs which KPLC will have to pay but can't directly recover from the mostly low income customers.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
KaunganaDoDo
#374 Posted : Tuesday, February 23, 2021 1:54:23 PM
Rank: Member


Joined: 8/6/2018
Posts: 292
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week


Thursday
Ericsson
#375 Posted : Thursday, February 25, 2021 7:29:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
KaunganaDoDo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week


Thursday


They have released HY2020/2021 after market closure
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#376 Posted : Thursday, February 25, 2021 8:49:14 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,173
Location: nairobi
[quote=Ericsson]Kenya power owes KENGEN ksh.24 billion for electricity supplies as the power retailer continued to struggle in the course of last year.
This is money that remained unpaid beyond the 90-day credit period set out in the power purchase agreements (PPAs) between the two firms
In addition the amounts due from KPLC were on average outstanding for periods of 195-days which was way above the 90-day credit cycle provided for in the agreement between the two companies",said the Auditor General in the report


https://www.standardmedi...or-electricity-supplies[/quote]
with this kind of news I lost interest and forgot my shares
"Don't let the fear of losing be greater than the excitement of winning."
Ebenyo
#377 Posted : Thursday, February 25, 2021 9:11:26 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
mlennyma wrote:
[quote=Ericsson]Kenya power owes KENGEN ksh.24 billion for electricity supplies as the power retailer continued to struggle in the course of last year.
This is money that remained unpaid beyond the 90-day credit period set out in the power purchase agreements (PPAs) between the two firms
In addition the amounts due from KPLC were on average outstanding for periods of 195-days which was way above the 90-day credit cycle provided for in the agreement between the two companies",said the Auditor General in the report


https://www.standardmedi...or-electricity-supplies[/quote]
with this kind of news I lost interest and forgot my shares



PPAs were stopped during the acting period of md othieno.kplc was losing huge sums as they were not planned
Towards the goal of financial freedom
Ericsson
#378 Posted : Thursday, February 25, 2021 7:57:08 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
Kenya Power HY2020/2021
https://pbs.twimg.com/me...rmat=jpg&name=small

Electricity sales grew by 0.7% from 4167GWh in a similar period in 2019 to 4196GWh.
Fuel costs decreased from kshs.7.153bn to ksh.4.618bn attributed to less thermal generation.
Finance costs increased to ksh.8.057bn from ksh.3.835bn due to depreciation of the kenya shilling against major trading currencies leading to an unrealised foreign exchange loss.
The company has risen into a POSITIVE cash flow position of Kshs. 1.7 billion from NEGATIVE Kshs. 6 billion.
Profit before tax of ksh.332million and profit after tax of ksh.138mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#379 Posted : Thursday, February 25, 2021 9:01:13 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,626
Location: NAIROBI
KaunganaDoDo wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ebenyo wrote:
Ericsson wrote:
[quote=KaunganaDoDo][quote=Extraterrestrial]Any news on when the results will be out? @KuanganaDoDo


More Likely they will ask for another 1 month....which should be sufficient time to be out of the Bedroom. it wont be good Son

@kaunganadodo,You seem to be privy to inside information.How will the results look like?


Terribly Terrible. All the rumours around Multiplied by two or three



One week left,are we looking at another postponement


No room for postponement. Tuesday/Wednesday next week

His Hour of Judgment Cometh and Cometh soon




Loss before tax of kes.7 billion
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Fyatu
#380 Posted : Thursday, February 25, 2021 9:29:16 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Ericsson wrote:



Loss before tax of kes.7 billion


Luwere Nyasaye amulinde....
Dumb money becomes dumb only when it listens to smart money
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