wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

43 Pages«<2627282930>»
Kenya Power HY 2019
Options
Previous Topic · Next Topic
Extraterrestrial
#271 Posted : Friday, October 16, 2020 10:08:25 AM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
KaunganaDoDo wrote:
Extraterrestrial wrote:
Catastrophe is not far...


The Release of Full Year 2019/20 Financials will most certainly be delayed due to late engagement with new external auditors


But of course, how could I forget the annual ritual? Profit warning ➡️ delayed publication of results ➡️ worse results than the previous year
Back to top
  |
VituVingiSana
#272 Posted : Tuesday, October 20, 2020 2:36:14 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
KenGen fines Kenya Power Sh722m for late payments

https://www.businessdail...or-late-payments-2485144
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Tuesday, October 20, 2020 2:39 AM | Reason: Not specified
Ericsson
#273 Posted : Tuesday, October 20, 2020 6:15:23 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=VituVingiSana]KenGen fines Kenya Power Sh722m for late payments

https://www.businessdail...r-late-payments-2485144[/quote]

Kidogo you will hear such costs to be passed on to the consumer.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Queen
#274 Posted : Tuesday, October 20, 2020 3:07:15 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Ericsson wrote:
[quote=VituVingiSana]KenGen fines Kenya Power Sh722m for late payments

https://www.businessdail...r-late-payments-2485144[/quote]

Kidogo you will hear such costs to be passed on to the consumer.


Exactly.
Back to top
WWW
  |
Ericsson
#275 Posted : Wednesday, October 21, 2020 9:39:30 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...per-electricity-2485982

The IPPs have to make money.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Fyatu
#276 Posted : Wednesday, October 21, 2020 4:27:59 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
If you have Kenya Power shares, sell them and buy Umeme a very efficient and well managed utility. Kenya power will not make a profit in the next 5 years and will die a natural death like Mumias. Thank me later.
Dumb money becomes dumb only when it listens to smart money
Back to top
  |
VituVingiSana
#277 Posted : Wednesday, October 21, 2020 11:06:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Fyatu wrote:
If you have Kenya Power shares, sell them and buy Umeme a very efficient and well managed utility. Kenya power will not make a profit in the next 5 years and will die a natural death like Mumias. Thank me later.
It will not die but probably become another KQ.
Investing in most GoK-controlled firms is a road to nowhere. Except Kenya Re. For now. Until 2023.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Wednesday, October 21, 2020 11:08 PM | Reason: Not specified
obiero
#278 Posted : Thursday, October 22, 2020 6:17:35 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
Fyatu wrote:
If you have Kenya Power shares, sell them and buy Umeme a very efficient and well managed utility. Kenya power will not make a profit in the next 5 years and will die a natural death like Mumias. Thank me later.
It will not die but probably become another KQ.
Investing in most GoK-controlled firms is a road to nowhere. Except Kenya Re. For now. Until 2023.

GoK never had a controlling stake in KQ.. Even after restructuring.. Safaricom, KCB have substantial GoK shareholder presence, usitishe watu bure. Meanwhile uza hio nyani inaitwa KENRE. Thank me later

KQ ABP 4.26
Back to top
WWW
  | | Edit by user: Thursday, October 22, 2020 6:19 AM | Reason: Not specified
VituVingiSana
#279 Posted : Thursday, October 22, 2020 9:04:44 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Fyatu wrote:
If you have Kenya Power shares, sell them and buy Umeme a very efficient and well managed utility. Kenya power will not make a profit in the next 5 years and will die a natural death like Mumias. Thank me later.
It will not die but probably become another KQ.
Investing in most GoK-controlled firms is a road to nowhere. Except Kenya Re. For now. Until 2023.

GoK never had a controlling stake in KQ.. Even after restructuring.. Safaricom, KCB have substantial GoK shareholder presence, usitishe watu bure. Meanwhile uza hio nyani inaitwa KENRE. Thank me later

Laughing out loudly Laughing out loudly Laughing out loudly I am good. Going to get a dividend in Nov. To be reviewed by 2023.
Vodafone, not GoK, controls Safaricom.

BUT I wish you (in KQ) the best. And all shareholders of KPLC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Thursday, October 22, 2020 9:18 AM | Reason: Not specified
Ericsson
#280 Posted : Thursday, October 22, 2020 11:19:30 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
Fyatu wrote:
If you have Kenya Power shares, sell them and buy Umeme a very efficient and well managed utility. Kenya power will not make a profit in the next 5 years and will die a natural death like Mumias. Thank me later.
It will not die but probably become another KQ.
Investing in most GoK-controlled firms is a road to nowhere. Except Kenya Re. For now. Until 2023.

GoK never had a controlling stake in KQ.. Even after restructuring.. Safaricom, KCB have substantial GoK shareholder presence, usitishe watu bure. Meanwhile uza hio nyani inaitwa KENRE. Thank me later


But the mismanagement,corruption and looting at KQ was done by government operatives.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
43 Pages«<2627282930>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.