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Kengen FY16
murchr
#121 Posted : Thursday, January 26, 2017 8:38:06 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
watesh wrote:
murchr wrote:
What did they say the Rights issue was for again? I read the GOK has shelved the 5K power production

Geothermal.....Kenya Power will buy it all and pass the cost down to consumers


Ruto has to tame his ministers. Careless talking and handling of official news and information is sickening
"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
.
Ericsson
#122 Posted : Friday, January 27, 2017 5:36:47 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
http://kenyanwallstreet....ectricity-national-grid

The Kenyan Government has abandoned its 2013 ambitious plan aimed at increasing the country’s installed electricity generating capacity by 5,000 megawatts to 6,600MW supposed to be completed by 2016.

According to Citizen TV, the govt’ noted that demand from large consumers had slowed down and also wants to avoid racking up expensive loans.

Kenya’s Energy and Petroleum Cabinet Secretary Charles Keter said that they are currently monitoring the situation as they plan to engage manufacturers to scale up production hence increase electricity production.

“You can get up to 10,000MW, but if we are only doing 1,600MW then it becomes very expensive because for most of these projects we take loans. What we are doing is to monitor the demand,” Mr Keter said.

Kenya has an installed capacity of 2,294 megawatts with a peak demand of 1,600 megawatts.

Mr Keter said funds will be channeled towards increasing demand as well as stabilizing transmission to eradicate power outages.

“That is one element that is making the cost of power high. Whether you have demand or not you have to run the machines but that is being addressed,” he said.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
iris
#123 Posted : Friday, January 27, 2017 5:55:59 PM
Rank: Member


Joined: 9/11/2014
Posts: 228
Location: Nairobi
Ericsson wrote:
http://kenyanwallstreet.com/kenya-govt-halts-plan-install-5000mw-electricity-national-grid

The Kenyan Government has abandoned its 2013 ambitious plan aimed at increasing the country’s installed electricity generating capacity by 5,000 megawatts to 6,600MW supposed to be completed by 2016.

According to Citizen TV, the govt’ noted that demand from large consumers had slowed down and also wants to avoid racking up expensive loans.

Kenya’s Energy and Petroleum Cabinet Secretary Charles Keter said that they are currently monitoring the situation as they plan to engage manufacturers to scale up production hence increase electricity production.

“You can get up to 10,000MW, but if we are only doing 1,600MW then it becomes very expensive because for most of these projects we take loans. What we are doing is to monitor the demand,” Mr Keter said.

Kenya has an installed capacity of 2,294 megawatts with a peak demand of 1,600 megawatts.

Mr Keter said funds will be channeled towards increasing demand as well as stabilizing transmission to eradicate power outages.

“That is one element that is making the cost of power high. Whether you have demand or not you have to run the machines but that is being addressed,” he said.


BS. Abandoned, halted after the fact? Why not just say they were incapable? And why are we having power rationing now if the reason we are not producing more is lack of demand?
Ericsson
#124 Posted : Thursday, February 02, 2017 3:03:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
It has started raining which might give a relief on the power bills in terms of fuel cost charge and a boost to KENGEN revenues due to improved hydro power.
This is if the rains persist beyond february
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#125 Posted : Thursday, February 02, 2017 7:53:30 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,060
Location: Nairobi
Ericsson wrote:
It has started raining which might give a relief on the power bills in terms of fuel cost charge and a boost to KENGEN revenues due to improved hydro power.
This is if the rains persist beyond february

We need lots more rain not just a few showers.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#126 Posted : Thursday, February 02, 2017 8:02:04 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
Ericsson wrote:
It has started raining which might give a relief on the power bills in terms of fuel cost charge and a boost to KENGEN revenues due to improved hydro power.
This is if the rains persist beyond february

We need lots more rain not just a few showers.

Thank God we have geothermal the situation would have been dire by now
Life is short. Live passionately.
mthaka
#127 Posted : Thursday, February 02, 2017 8:40:37 AM
Rank: Member


Joined: 9/30/2013
Posts: 254
when do they release mid year results??we have really lost our book value,
chiaroscuro
#128 Posted : Thursday, February 02, 2017 9:03:52 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
mzitoaggrey wrote:
What makes KQ more valued than KENGEN yet KQ has negative equity,asking for myself.


I like these kinds of simple questions.

Been wondering the same.

No logical answer.

Therefore; settled for KENGEN long-term [10-20yrs] instead of KQ.
obiero
#129 Posted : Thursday, February 02, 2017 1:47:16 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
chiaroscuro wrote:
mzitoaggrey wrote:
What makes KQ more valued than KENGEN yet KQ has negative equity,asking for myself.


I like these kinds of simple questions.

Been wondering the same.

No logical answer.

Therefore; settled for KENGEN long-term [10-20yrs] instead of KQ.

Short term thinking, will make anyone say KQ should be delisted, but this was the same share that was the second highest gainer at the NSE last year.. Future prospects for KQ are enormous

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
mthaka
#130 Posted : Friday, February 03, 2017 10:08:24 AM
Rank: Member


Joined: 9/30/2013
Posts: 254
mid term result,iko profits,but will we declare dividends??/
sparkly
#131 Posted : Friday, February 03, 2017 1:59:03 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
chiaroscuro wrote:
mzitoaggrey wrote:
What makes KQ more valued than KENGEN yet KQ has negative equity,asking for myself.


I like these kinds of simple questions.

Been wondering the same.

No logical answer.

Therefore; settled for KENGEN long-term [10-20yrs] instead of KQ.

Short term thinking, will make anyone say KQ should be delisted, but this was the same share that was the second highest gainer at the NSE last year.. Future prospects for KQ are enormous


Not a convincing measure. even Uchumi was the highest gainer in 2012/3
Life is short. Live passionately.
sparkly
#132 Posted : Friday, February 03, 2017 2:02:53 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


KQ is grossly undervalued.

Not the top share on the NSE but definitely top 10 at current prices.
Life is short. Live passionately.
obiero
#133 Posted : Friday, February 03, 2017 2:29:00 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
sparkly wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


KQ is grossly undervalued.

Not the top share on the NSE but definitely top 10 at current prices.

Let me repost this, for emphasis

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#134 Posted : Saturday, February 04, 2017 12:15:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
KENGEN to commission two geothermal plants later this month;
-The two geothermal plants to be ready in 24-27 months and maximum 30 months.
-Power plants to generate 210MW
-Olkaria V-140MW and Olkaria I extension-70-80MW
-The two power plants to be financed by a loan from JICA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#135 Posted : Tuesday, February 07, 2017 9:27:28 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


When are the HY results due?
Towards the goal of financial freedom
mthaka
#136 Posted : Tuesday, February 07, 2017 10:02:54 AM
Rank: Member


Joined: 9/30/2013
Posts: 254
Ebenyo wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


When are the HY results due?


@Ebenyo,this month and the way the market is behaving we will definitely declare profits,will confirm about the dividends,

ten years ago:Interim dividend of Ksh.0.40 on 28/02/2007. Books closure on 22/03/2007. Payment date 30/05/2007
VituVingiSana
#137 Posted : Tuesday, February 07, 2017 10:28:01 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,060
Location: Nairobi
sparkly wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


KQ is grossly undervalued.

Not the top share on the NSE but definitely top 10 at current prices.

Undervalued based on?
EPS?
NAV/Share?
PER?
Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ebenyo
#138 Posted : Tuesday, February 07, 2017 12:35:39 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
mthaka wrote:
Ebenyo wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


When are the HY results due?


@Ebenyo,this month and the way the market is behaving we will definitely declare profits,will confirm about the dividends,

ten years ago:Interim dividend of Ksh.0.40 on 28/02/2007. Books closure on 22/03/2007. Payment date 30/05/2007


lets hope for an interim dividend this time too.
Towards the goal of financial freedom
sparkly
#139 Posted : Wednesday, February 08, 2017 9:18:34 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


KQ is grossly undervalued.

Not the top share on the NSE but definitely top 10 at current prices.

Undervalued based on?
EPS?
NAV/Share?
PER?
Laughing out loudly Laughing out loudly Laughing out loudly


All the above.

Pick the best share in your portfolio. I am willing to bet you that Kengen will have a better return at year end than your pick.
Life is short. Live passionately.
VituVingiSana
#140 Posted : Wednesday, February 08, 2017 9:47:28 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,060
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
mthaka wrote:
mid term result,iko profits,but will we declare dividends??/


KQ is grossly undervalued.

Not the top share on the NSE but definitely top 10 at current prices.

Undervalued based on?
EPS?
NAV/Share?
PER?
Laughing out loudly Laughing out loudly Laughing out loudly


All the above.

Pick the best share in your portfolio. I am willing to bet you that Kengen will have a better return at year end than your pick.

@Mthaka said KQ not KenGen
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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