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Kenya Power FY 2017/2018
VituVingiSana
#131 Posted : Tuesday, November 13, 2018 8:06:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
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


Laughing out loudly Laughing out loudly Laughing out loudly 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 Pray 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.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
limanika
#132 Posted : Tuesday, November 13, 2018 8:13:36 PM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
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


Laughing out loudly Laughing out loudly Laughing out loudly 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.

Is it one of the reasons NSE is on near free fall?
KaunganaDoDo
#133 Posted : Tuesday, November 13, 2018 8:36:47 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
limanika 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


Laughing out loudly Laughing out loudly Laughing out loudly 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.

Is it one of the reasons NSE is on near free fall?


You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level.
VituVingiSana
#134 Posted : Tuesday, November 13, 2018 10:34:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
KaunganaDoDo wrote:
limanika 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


Laughing out loudly Laughing out loudly Laughing out loudly 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.

Is it one of the reasons NSE is on near free fall?


You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level.
I am sure it will not drop below ZERO Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#135 Posted : Tuesday, November 13, 2018 10:51:16 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The MD is out of the country for two weeks.
This guys will announce results on the last day of November
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#136 Posted : Wednesday, November 14, 2018 8:03:08 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
The MD is out of the country for two weeks.
This guys will announce results on the last day of November


Am told he is coming back Saturday 17Th . Monday 19 and Tuesday 20 should be the days, if everything is agreed upon between PWC,A-G and The KPLC Board
Superprime1
#137 Posted : Wednesday, November 14, 2018 9:11:41 AM
Rank: Member

Joined: 5/2/2018
Posts: 267
VituVingiSana wrote:
KaunganaDoDo wrote:
limanika 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


Laughing out loudly Laughing out loudly Laughing out loudly 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.

Is it one of the reasons NSE is on near free fall?


You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level.
I am sure it will not drop below ZERO Laughing out loudly Laughing out loudly Laughing out loudly

Anything close to zero would be more than welcome.smile
VituVingiSana
#138 Posted : Wednesday, November 14, 2018 9:23:36 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Considering I bought ARM at sub-5, I should consider buying some KPLC at 1/- Laughing out loudly Laughing out loudly Laughing out loudly

GoK will have to bail out KPLC but what does that mean for existing KPLC shareholders?
A 1% shareholder could easily become a 0.25% shareholder if GoK advances a loan to KPLC and subsequently does a Debt to Equity Conversion based on the current price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#139 Posted : Wednesday, November 14, 2018 10:17:24 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Considering I bought ARM at sub-5, I should consider buying some KPLC at 1/- Laughing out loudly Laughing out loudly Laughing out loudly

GoK will have to bail out KPLC but what does that mean for existing KPLC shareholders?
A 1% shareholder could easily become a 0.25% shareholder if GoK advances a loan to KPLC and subsequently does a Debt to Equity Conversion based on the current price.


Highly unlikely the above scenario.Only possibility is GoK converts some of the on-lent loan to Kenya power to equity.
For now GoK is supporting Kenya Power through tariff adjustments
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#140 Posted : Thursday, November 15, 2018 4:29:17 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


Meanwhile UK should be commissioning the 300MW LTWP and REA GARISSA SOLAR 50MW ON TUESDAY OR THEREABOUT next week. The turbines are running like they are on steroids
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