Kengen FY16 - Page 2 - Stocks - Wazua

Welcome Guest

33 Pages<1234>»

Kengen FY16

Options

Previous Topic · Next Topic

Plimsoul		#11 Posted : Thursday, October 20, 2016 8:46:59 PM
Rank: Member Joined: 3/3/2016 Posts: 132		mlennyma wrote: Pesa Nane wrote: NIL dividends the massage to have a successful rights is over now the reality will Come in, it's bleeding time Probably means a dividend drought until at least 2020, according to their plans for new plants. They should have prepared us better for this.
Back to top		\|
User Profile

mlennyma		#12 Posted : Thursday, October 20, 2016 9:12:05 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Plimsoul wrote: mlennyma wrote: Pesa Nane wrote: NIL dividends the massage to have a successful rights is over now the reality will Come in, it's bleeding time Probably means a dividend drought until at least 2020, according to their plans for new plants. They should have prepared us better for this. luckily enough They can comfortably pay their debts and ignore the shareholders "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

mikanjoroge		#13 Posted : Friday, October 21, 2016 1:43:09 AM
Rank: New-farer Joined: 6/13/2016 Posts: 47 Location: kenya		According to their rights issue information memorandum it says: The Company targets a dividend payout ratio of up to one third (33%) of the Company’s profit before tax or up to 50% of the Company’s profits after tax. The dividend payout may however vary depending on the Company’s performance, liquidity and investment plans as determined by the Board. The policy has been effective since 30th June 2012 and is reviewed regularly" From Page 37: http://www.kengen.co.ke/...tion%20Memorandum_0.pdf I didn't know vary can equal 0.
Back to top		\| \| Edit by user: Friday, October 21, 2016 1:45 AM \| Reason: Not specified
User Profile

sparkly		#14 Posted : Friday, October 21, 2016 4:06:40 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		mkate_nusu wrote: Ebenyo wrote: Pesa Nane wrote: NIL dividends pesa nane,are u sure? i hear investor briefing on friday.Will announce dividend their. Ebenyo results are already out: investor briefing is just for PR and answering any questions from reporters. here is the signed transcript of the results Dividend In view of pipeline of projects enumerated above, the Board of Directors does not recommend payment of dividends for the year. We take this opportunity to thank the shareholders, the Government of Kenya, County Governments, Business Partners and other stakeholders for their unwavering support which has enabled KenGen to provide clean, affordable energy for the nation and enabled us to realize impressive growth in the current year. BY ORDER OF THE BOARD ENG. ALBERT MUGO, MBS MANAGING DIRECTOR & CEO 19 October 2016 Stupid CEO he will be the next to go after Ngunze. Life is short. Live passionately.
Back to top		\|
User Profile

Angelica _ann		#15 Posted : Friday, October 21, 2016 5:12:55 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		mikanjoroge wrote: According to their rights issue information memorandum it says: The Company targets a dividend payout ratio of up to one third (33%) of the Company’s profit before tax or up to 50% of the Company’s profits after tax. The dividend payout may however vary depending on the Company’s performance, liquidity and investment plans as determined by the Board. The policy has been effective since 30th June 2012 and is reviewed regularly" From Page 37: http://www.kengen.co.ke/...tion%20Memorandum_0.pdf I didn't know vary can equal 0. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

moneydust		#16 Posted : Friday, October 21, 2016 9:54:56 AM
Rank: Member Joined: 1/31/2007 Posts: 304		sparkly wrote: mkate_nusu wrote: Ebenyo wrote: Pesa Nane wrote: NIL dividends pesa nane,are u sure? i hear investor briefing on friday.Will announce dividend their. Ebenyo results are already out: investor briefing is just for PR and answering any questions from reporters. here is the signed transcript of the results Dividend In view of pipeline of projects enumerated above, the Board of Directors does not recommend payment of dividends for the year. We take this opportunity to thank the shareholders, the Government of Kenya, County Governments, Business Partners and other stakeholders for their unwavering support which has enabled KenGen to provide clean, affordable energy for the nation and enabled us to realize impressive growth in the current year. BY ORDER OF THE BOARD ENG. ALBERT MUGO, MBS MANAGING DIRECTOR & CEO 19 October 2016 Stupid CEO he will be the next to go after Ngunze. Ordinary shareholders must be ready to speak out against such incompetent managers!!!
Back to top		\|
User Profile

moneydust		#17 Posted : Friday, October 21, 2016 9:58:10 AM
Rank: Member Joined: 1/31/2007 Posts: 304		Angelica _ann wrote: mikanjoroge wrote: According to their rights issue information memorandum it says: The Company targets a dividend payout ratio of up to one third (33%) of the Company’s profit before tax or up to 50% of the Company’s profits after tax. The dividend payout may however vary depending on the Company’s performance, liquidity and investment plans as determined by the Board. The policy has been effective since 30th June 2012 and is reviewed regularly" From Page 37: http://www.kengen.co.ke/...tion%20Memorandum_0.pdf I didn't know vary can equal 0. Hapa tumecheswa..this is clearly fraud- (Obtaining money by false pretence).This people must go..watupe mapeni yetu or there will be no peace.
Back to top		\|
User Profile

Ebenyo		#18 Posted : Friday, October 21, 2016 10:24:20 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Before the rights issue,the total kengen shares were 6,243,873,667.Then the 2:1 came.The subscription was 92 percent.Could somebody pliz tell me how much outstanding share we have now? Towards the goal of financial freedom
Back to top		\|
User Profile

mlennyma		#19 Posted : Friday, October 21, 2016 10:45:25 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		I can't buy above 5bob "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

Ericsson		#20 Posted : Friday, October 21, 2016 11:20:01 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		@Ebenyo Before the rights issue the total number of Kengen shares was 2,198,361,456. The total number of shares issued during the rights issue was 4,396,722,912. The rights issue attained a performance of 92% which translates to 4,045,512,323. The outstanding shares we have now is 6,243,873,779. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

33 Pages<1234>»

Wazua » Investor » Stocks » Kengen FY16

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded