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the deal		#51 Posted : Friday, November 24, 2017 12:07:42 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Ericsson wrote: the deal wrote: What is PIC's target here? Can the Kenyan Government ced a significant stake to PIC? The entry of PIC changes alot of things! PIC is managed and controlled by the South African Government. PIC target is to meet the south Africans target of of having significant stake and say in Sub-saharan countries economies They need to buy up to 45%...replace some GoK Directors in the KenGen board... New ideas... Possibly connect to the Southern Africa Power Pool via Tanzania
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Ericsson		#52 Posted : Friday, November 24, 2017 1:15:59 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		the deal wrote: Ericsson wrote: the deal wrote: What is PIC's target here? Can the Kenyan Government ced a significant stake to PIC? The entry of PIC changes alot of things! PIC is managed and controlled by the South African Government. PIC target is to meet the south Africans target of of having significant stake and say in Sub-saharan countries economies They need to buy up to 45%...replace some GoK Directors in the KenGen board... New ideas... Possibly connect to the Southern Africa Power Pool via Tanzania Kengen's work is to generate not transmit; Board of Directors in most parastatals have very little say in the strategy of the company.They are normally used to reward cronies and give soft landings to others. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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kawi254		#53 Posted : Friday, November 24, 2017 2:01:49 PM
Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi		Ericsson wrote: the deal wrote: Ericsson wrote: the deal wrote: What is PIC's target here? Can the Kenyan Government ced a significant stake to PIC? The entry of PIC changes alot of things! PIC is managed and controlled by the South African Government. PIC target is to meet the south Africans target of of having significant stake and say in Sub-saharan countries economies They need to buy up to 45%...replace some GoK Directors in the KenGen board... New ideas... Possibly connect to the Southern Africa Power Pool via Tanzania Kengen's work is to generate not transmit; Board of Directors in most parastatals have very little say in the strategy of the company.They are normally used to reward cronies and give soft landings to others. Energy Bill 2015 – creating market for power generators (currently in Senate) will allow KenGen to bypass Kenya Power and sell power directly to industial customers (Olkaria Industiral Park). Once KETRACO's East Africa Power pool tranmission to Tanzania is complete and with Energy Bill 2015 passed KenGen can possibly sell power sale deal with a different country and sign transmission deal with KETRACO.
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Ericsson		#54 Posted : Thursday, December 21, 2017 3:45:22 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		https://www.businessdail...37382-5jcw16/index.html A threat to kengen Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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the deal		#55 Posted : Thursday, December 21, 2017 4:12:45 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Ericsson wrote: https://www.businessdailyafrica.com/news/Ethiopia-signs--4bn-deal-for-1-000MW-geothermal-plants/539546-4237382-5jcw16/index.html A threat to kengen PIC is getting rostead in Steinhoff ...if they start selling to cover those losses ...this stock will sink
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sparkly		#56 Posted : Thursday, December 21, 2017 4:12:49 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ericsson wrote: https://www.businessdailyafrica.com/news/Ethiopia-signs--4bn-deal-for-1-000MW-geothermal-plants/539546-4237382-5jcw16/index.html A threat to kengen How is it a threat to Kengen? Life is short. Live passionately.
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sparkly		#57 Posted : Thursday, December 21, 2017 4:21:51 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		the deal wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/Ethiopia-signs--4bn-deal-for-1-000MW-geothermal-plants/539546-4237382-5jcw16/index.html A threat to kengen PIC is getting rostead in Steinhoff ...if they start selling to cover those losses ...this stock will sink Meaning? Life is short. Live passionately.
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Ericsson		#58 Posted : Thursday, December 21, 2017 4:43:59 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		sparkly wrote: the deal wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/Ethiopia-signs--4bn-deal-for-1-000MW-geothermal-plants/539546-4237382-5jcw16/index.html A threat to kengen PIC is getting rostead in Steinhoff ...if they start selling to cover those losses ...this stock will sink Meaning? Their investment is becoming worthless/losing value very fast Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#59 Posted : Thursday, December 21, 2017 5:46:20 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ericsson wrote: sparkly wrote: the deal wrote: Ericsson wrote: https://www.businessdailyafrica.com/news/Ethiopia-signs--4bn-deal-for-1-000MW-geothermal-plants/539546-4237382-5jcw16/index.html A threat to kengen PIC is getting rostead in Steinhoff ...if they start selling to cover those losses ...this stock will sink Meaning? Their investment is becoming worthless/losing value very fast @Ericson if their investment in Steinhoff is being impaired, shouldn't they sell Steinhoff to stem the bleeding and invest the money in Kengen? I don't see why they should sell Kengen to stem the bleeding in Steinhoff. Life is short. Live passionately.
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Ericsson		#60 Posted : Thursday, December 21, 2017 6:04:51 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		@sparkly They have reached their target in kengen. Maybe they look for another counter Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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