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Kengen FY16
Sir invest
#231 Posted : Tuesday, March 07, 2017 1:07:37 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
Waiting Kengen @4 TO 5 BOB
muandiwambeu
#232 Posted : Tuesday, March 07, 2017 2:14:56 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Sir invest wrote:
Waiting Kengen @4 TO 5 BOB

Me, at 2.5-3.5/=, arap mashamba scourage in an electioneering yet to get into the mainstream. Disastrous with drought raving the hydros this year. All times lows must be tested. @arrestdev are you still fetching some too.Laughing out loudly
,Behold, a sower went forth to sow;....
muandiwambeu
#233 Posted : Tuesday, March 07, 2017 2:22:46 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Sir invest wrote:
Waiting Kengen @4 TO 5 BOB

Me, at 2.5-3.5/=, arap mashamba scourage in an electioneering yet to get into the mainstream. Disastrous with drought raving the hydros this year. All times lows must be tested. @arrestdev are you still fetching some too.Laughing out loudly
,Behold, a sower went forth to sow;....
Horton
#234 Posted : Tuesday, March 07, 2017 2:30:26 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
sparkly wrote:
maka wrote:
The country’s largest power producing company, Kenya Electricity Generating (KenGen) Company has announced a 22 per cent drop in its half year profit before tax to Ksh 6.57 Billion compared to Ksh 8.4 billion posted in the same period in 2015.

The huge drop was as a result of declined total revenue which fell to Ksh 17.739 billion from Ksh 20 Billion in 2015 on lower revenue from steam and commercial drilling services.


HY EPS 0.74.


Positive cash position as at reporting date 6.55B

Massaging of profits for the rights in 2015 clear. There was no disclosure then that 1.6B of steam revenue was revenue in arrears



Soarkly arent u pro kengen ama I have missed a post?
sparkly
#235 Posted : Tuesday, March 07, 2017 5:04:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Horton wrote:
sparkly wrote:
maka wrote:
The country’s largest power producing company, Kenya Electricity Generating (KenGen) Company has announced a 22 per cent drop in its half year profit before tax to Ksh 6.57 Billion compared to Ksh 8.4 billion posted in the same period in 2015.

The huge drop was as a result of declined total revenue which fell to Ksh 17.739 billion from Ksh 20 Billion in 2015 on lower revenue from steam and commercial drilling services.


HY EPS 0.74.


Positive cash position as at reporting date 6.55B

Massaging of profits for the rights in 2015 clear. There was no disclosure then that 1.6B of steam revenue was revenue in arrears



Soarkly arent u pro kengen ama I haven missed a post?


I am an investor in Kengen. 35% of my portfolio to be exact.

I am happy with the positive cash position and that electricity revenue remains stable.

Isn't it obvious that an exceptional item "steam revenue" was recognised in 2015 but the company didn't bother to disclose that part of the revenue was earned in arrears?
Life is short. Live passionately.
sparkly
#236 Posted : Sunday, April 09, 2017 6:49:29 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
bartum wrote:
[quote=Pesa Nane]Bet is ON.

@vvs vs @sparkly

Startline: KK @13 vs Kengen @6
Finish date: 31 Dec 2017

Winner: Maximum % return including capital gains and paid up dividends
Winnings: Ksh. 12,000.00 Cash Money

Shame on you Shame on you Applause
Following closely[/quote

Let the best wins.i will be following keenly.


2 months in:

KK @ 12.80 (-1.5%)

Kengen @ 6.55 (+9.2%)
Life is short. Live passionately.
sparkly
#237 Posted : Monday, April 10, 2017 2:57:12 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@VVS say something.

Thitima is taking off at the speed of an anxious rabbit. Laughing out loudly
Life is short. Live passionately.
VituVingiSana
#238 Posted : Tuesday, April 11, 2017 9:32:31 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
sparkly wrote:
@VVS say something.

Thitima is taking off at the speed of an anxious rabbit. Laughing out loudly

Marathon not a sprint Laughing out loudly Laughing out loudly Laughing out loudly [I have to admit that PIC coming in isn't something I expected coz I have never seen a Rights Issue "re-opened" after it has closed.]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#239 Posted : Wednesday, April 26, 2017 7:21:32 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The groundbreaking ceremony of the Kengen's 158MW Olkaria V geothermal project is this Friday
Construction to Cost Sh40 Billion
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#240 Posted : Friday, April 28, 2017 9:44:16 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
More and real good news.

http://www.businessdaily...6448-yj9e6lz/index.html

Quote:

The US Trade and Development Agency, under the Power Africa initiative, on Thursday awarded $1.1 million (Sh113 million) to Nairobi-based Xago Africa and another $500,000 (Sh51 million) to the State-owned KenGen

Life is short. Live passionately.
33 Pages«<2223242526>»
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