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Kenya Power HY18
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VituVingiSana
#51 Posted : Saturday, March 17, 2018 4:54:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ebenyo wrote:
Ericsson wrote:
Ebenyo wrote:
kawi254 wrote:
watesh wrote:
Ericsson wrote:
VituVingiSana wrote:
https://www.businessdailyafrica.com/markets/capital/Concern-over-Kenya-Power-s-share-price/4259442-4322220-h8v3yjz/index.html

The price of mismanagement.
The company is joining the likes of Uchumi, Mumias sugar,east africa portland Cement

Oh yes....good thing this one is a guaranteed bail out because of the monopoly factor. It cannot shut down. Waiting for Ksh6 to print then i start jumping in then sell as soon as it hits 10.


Hidden in all the accounting mumbo jumbo is the fact that Kenya Power spent a lot of money rolling out street lights in major towns and connecting consumers for #GoKDelivers election campaigns and they have not been paid. A part of Eurobond 2 will be given to Kenya Power to correct it's accounts and full year results will be looking better.



It will largely depend with the management decisions.
For example,now that rains have began,there should be no need to generate more thermal.That should save more than kshs 6 billion in fuel.


The rains have began and several areas in Nairobi are without power due to technical fault.
How then do they expect improvement in financial position when they cant sell power



The problem is with management and we all agree to that.
Kcb,safaricom and KenRe are good companies with good management despite Gok ownership in them.
Problem with kenya power is being used as a propaganda and a campaign tool.Hopefully management problem will be over one day.

KenyaRe does is no longer led by a good manager/MD.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#52 Posted : Thursday, April 05, 2018 1:09:19 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenya Power has disconnected electricity supply to more than 20 flats in Nairobi’s Tassia Estate in an operation aimed at stamping out illegal connections
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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murchr
#53 Posted : Friday, April 13, 2018 4:00:11 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Ericsson
#54 Posted : Friday, April 27, 2018 8:03:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenya power to launch a self-service mobile app with customer features such as bill querying and self meter reading
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#55 Posted : Friday, April 27, 2018 8:55:32 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
Kenya power to launch a self-service mobile app with customer features such as bill querying and self meter reading

The weirdest company ever.. Though their web account reading and bill payment actually does work

KQ ABP 4.26
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Ericsson
#56 Posted : Monday, May 07, 2018 9:20:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
World Bank raises red flag 🚩 over kenya's high power bills
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#57 Posted : Monday, August 06, 2018 10:46:24 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...99314-liqdqb/index.html

Parliament has repealed the law that imposed a Sh1 million fine or one-year jail term for real estate developers and home owners who fail to install solar water heating systems in their buildings.

MPs said the penalties, introduced under regulations empowering the Energy Regulatory Commission (ERC) to vet buildings for compliance with the solar heating rules, would increase costs for landlords and tenants and undermine access to affordable housing.

National Assembly’s Committee on Delegated Legislation threw out the ERC rules on grounds that the Sh1 million fine contravenes the section of the Statutory Instruments Act (SI Act) that limits fines payable under the Act to a maximum of Sh20,000 or a prison term not exceeding six months in default.

Parliamentarians said the rules were also in contravention of the law that prevents imposition of a fine, imprisonment or other penalty without express authority provided for in the enabling legislation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#58 Posted : Tuesday, August 07, 2018 2:37:11 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
6bob breaks down,my Fred's cow is dying
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#59 Posted : Tuesday, August 07, 2018 10:55:36 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
mlennyma wrote:
6bob breaks down,my Fred's cow is dying


Apollo mboya may get an injunction on the new tariffs till case is fully heard
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#60 Posted : Tuesday, August 07, 2018 11:00:39 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
mlennyma wrote:
6bob breaks down,my Fred's cow is dying


Apollo mboya may get an injunction on the new tariffs till case is fully heard


Won't stop the plunder & mismanagement going on here.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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