wazua Fri, Mar 29, 2024
Welcome Guest Search | Active Topics | Log In | Register

10 Pages«<56789>»
Kenya Power FY2017
Ebenyo
#121 Posted : Monday, February 05, 2018 9:52:02 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Ericsson wrote:
http://kenyanwallstreet.com/new-deal-signed-enable-sgr-elecrification-two-years



an opportunity to grow revenues.They should try to keep the costs of constructing the link down.
Gok should bear the majority cost while the company should bear the minimal costs.
Towards the goal of financial freedom
tandich
#122 Posted : Monday, July 02, 2018 9:52:03 PM
Rank: Member


Joined: 5/6/2008
Posts: 199
Public Notice on Harmonized Electricity Tariffs June 2018

Looks like power will be significantly more expensive across the board. Bad for the consumer. They said they'd make tariffs easier to understand, without disclosing they'd propose to make electricity more expensive. Good for KP top line if it goes through. Looking at KP H1 numbers, they want consumers to pay for their 'aggressive implementation of capital projects'.
Ericsson
#123 Posted : Tuesday, July 03, 2018 6:48:08 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
tandich wrote:
Public Notice on Harmonized Electricity Tariffs June 2018

Looks like power will be significantly more expensive across the board. Bad for the consumer. They said they'd make tariffs easier to understand, without disclosing they'd propose to make electricity more expensive. Good for KP top line if it goes through. Looking at KP H1 numbers, they want consumers to pay for their 'aggressive implementation of capital projects'.


Bad for the economy.The cost of everything will go up.Manufacturing will die.
Not good for KPLC top line but more money to loot for the DP
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#124 Posted : Tuesday, July 03, 2018 10:46:31 AM
Rank: Member


Joined: 2/20/2015
Posts: 464
Location: Nairobi
Ericsson wrote:
tandich wrote:
Public Notice on Harmonized Electricity Tariffs June 2018

Looks like power will be significantly more expensive across the board. Bad for the consumer. They said they'd make tariffs easier to understand, without disclosing they'd propose to make electricity more expensive. Good for KP top line if it goes through. Looking at KP H1 numbers, they want consumers to pay for their 'aggressive implementation of capital projects'.


Bad for the economy.The cost of everything will go up.Manufacturing will die.
Not good for KPLC top line but more money to loot for the DP


The tragedy of our power is that we subsidize 3,633,720 consumers who buy power at 2.50/kwh i.e at below cost. The proposed rate for that band of customers will be 12.00/Kwh ~ 380% rise would see most poor Kenyans go off grid.
jgithige
#125 Posted : Tuesday, July 03, 2018 10:53:50 AM
Rank: Member


Joined: 7/10/2014
Posts: 145
Location: Nairobi
kawi254 wrote:
Ericsson wrote:
tandich wrote:
Public Notice on Harmonized Electricity Tariffs June 2018

Looks like power will be significantly more expensive across the board. Bad for the consumer. They said they'd make tariffs easier to understand, without disclosing they'd propose to make electricity more expensive. Good for KP top line if it goes through. Looking at KP H1 numbers, they want consumers to pay for their 'aggressive implementation of capital projects'.


Bad for the economy.The cost of everything will go up.Manufacturing will die.
Not good for KPLC top line but more money to loot for the DP


The tragedy of our power is that we subsidize 3,633,720 consumers who buy power at 2.50/kwh i.e at below cost. The proposed rate for that band of customers will be 12.00/Kwh ~ 380% rise would see most poor Kenyans go off grid.


High cost of corruption na kutangatanga na kumangamanga kampuni🤣🤣😀😀
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
Ebenyo
#126 Posted : Monday, September 17, 2018 5:25:38 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

full year 2018 results due next month.
Towards the goal of financial freedom
muandiwambeu
#127 Posted : Tuesday, September 18, 2018 10:09:32 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.
,Behold, a sower went forth to sow;....
obiero
#128 Posted : Tuesday, September 18, 2018 11:54:00 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,464
Location: nairobi
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

And now lawyer Apollo Mboya has won the case claiming a refund of KES 1.2B from KPLC in backdated erroneous meter readings

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
muandiwambeu
#129 Posted : Tuesday, September 18, 2018 1:16:35 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

And now lawyer Apollo Mboya has won the case claiming a refund of KES 1.2B from KPLC in backdated erroneous meter readings

That bill must have powered the state of kenya for a while, did kplc meters get hijacked by Oppolo's client. Getting into bed with a mad one, you are always left answering a mad man's questions once fleeced for sure. Otherwise, that is a very important customer to be a unknown Harry and sundry.Sad Sad Sad
Have the ipps bills too started coming in! Those will be a shocker bill then addup illegal contract termination charges. This script is already written, all you need is to choose what to play to entertain your spectators(shareholders).
,Behold, a sower went forth to sow;....
KaunganaDoDo
#130 Posted : Tuesday, September 18, 2018 1:22:00 PM
Rank: Member


Joined: 8/6/2018
Posts: 292
obiero wrote:
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

And now lawyer Apollo Mboya has won the case claiming a refund of KES 1.2B from KPLC in backdated erroneous meter readings



You really don't know what you are talking about. Just trying to mislead wazuans...The 1.2Billion has nothing to do with backdated erroneous meter reading. Bure Kabisa. Now listen, and listen carefully, Each month Kenya power bills customers a forex adjustment cost... depending on the prevailing exchange rate. The exchange rate is compared to the base exchange rate when the Tariffs were set. If the current exchange rate to the dollar and other basket of currencies is higher than the Base exchange rate( Case when shilling has been devalued)... The customers pay the difference in forex adjustment (And the opposite apply when the current exchange rate is lower than the base exchange rate, a case like the present when the current exchange rate is 101 to the dollar Compared to the base exchange rate of 103 to the dollar at the time of basing the current base tariff)...Due to this, the current Forex charge in your bills is around minus 1.3 shilling per KWH. When you multiply this minus 1.3 Shilling with the total monthly units consumed, you get around this 1.2 Billion that is in the presss. Now You Know
KaunganaDoDo
#131 Posted : Tuesday, September 18, 2018 2:23:40 PM
Rank: Member


Joined: 8/6/2018
Posts: 292
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

For your information, the standing charges were highly inconvenient to KPLC. ...it was kplc request to remove them... customers connected on last mile on prepaid meter were not not vending regularly on monthly basis..so customers would accummulate standing charges for many months ... to a point where it becomes hard for the company to recover. And standing charges were just converted to Energy charge ( per kwh)... They weren't thrown away just like that
Ebenyo
#132 Posted : Tuesday, September 18, 2018 4:06:04 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Two challenges were identified last year:
1.High costs of transmission
2.High finance costs
This year,it should be different.
Towards the goal of financial freedom
Ericsson
#133 Posted : Tuesday, September 18, 2018 5:19:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Ebenyo wrote:
Two challenges were identified last year:
1.High costs of transmission
2.High finance costs
This year,it should be different.


The results will be pathetic
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
limanika
#134 Posted : Tuesday, September 18, 2018 8:16:51 PM
Rank: Veteran


Joined: 9/21/2011
Posts: 2,032
KaunganaDoDo wrote:
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

For your information, the standing charges were highly inconvenient to KPLC. ...it was kplc request to remove them... customers connected on last mile on prepaid meter were not not vending regularly on monthly basis..so customers would accummulate standing charges for many months ... to a point where it becomes hard for the company to recover. And standing charges were just converted to Energy charge ( per kwh)... They weren't thrown away just like that

Why have they started sending estimated bills again? Surely they cant read meters even in urban areas with all this unemployment?
Ebenyo
#135 Posted : Wednesday, September 19, 2018 8:15:45 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
In the results due next month,my estimation is that the board will recommend a dividend of kshs 0.50 per share.This will purely be to help save the share price which is now kshs 4.65.
A scenerio where the board will not declare a dividend is the fall of the share price to below kshs 1.This wont augur well for a company with a revenue of kshs 120 billion and PAT of kshs 7 billion.
The dividend will shore the price to about 6-7 bob per share.
Towards the goal of financial freedom
muandiwambeu
#136 Posted : Wednesday, September 19, 2018 10:05:26 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
KaunganaDoDo wrote:
obiero wrote:
muandiwambeu wrote:
Ebenyo wrote:
[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]

A good history for the historians🤔🤔🤔🤔 those were good tyms
And now what is on the way coming is the story how transformation from good to bad badder and baddest is being written.
full year 2018 results due next month.

What I will expect to be well documented
How defaced transformers were accounted for.
How political elites took away the monthly standing charge and didn't give a compensatory mechanism to the earnings.
Hawa watu wa Kokoto supervision yao ni ngumu kushinda kazi, distraction of coarse.

And now lawyer Apollo Mboya has won the case claiming a refund of KES 1.2B from KPLC in backdated erroneous meter readings



You really don't know what you are talking about. Just trying to mislead wazuans...The 1.2Billion has nothing to do with backdated erroneous meter reading. Bure Kabisa. Now listen, and listen carefully, Each month Kenya power bills customers a forex adjustment cost... depending on the prevailing exchange rate. The exchange rate is compared to the base exchange rate when the Tariffs were set. If the current exchange rate to the dollar and other basket of currencies is higher than the Base exchange rate( Case when shilling has been devalued)... The customers pay the difference in forex adjustment (And the opposite apply when the current exchange rate is lower than the base exchange rate, a case like the present when the current exchange rate is 101 to the dollar Compared to the base exchange rate of 103 to the dollar at the time of basing the current base tariff)...Due to this, the current Forex charge in your bills is around minus 1.3 shilling per KWH. When you multiply this minus 1.3 Shilling with the total monthly units consumed, you get around this 1.2 Billion that is in the presss. Now You Know

So,all what you said goes in against the meter readings. So Appollos client meter readings had nothing to do with base rate because it is the readings that were erroneous and subsequently applied to a factor that had nothing to do with the he case in court about 1.2bns meter reading errors. 🎀🎀 🕠☠️💀
The bottom line 1.2bijots are at stake here, and the likely to lose is kplsee. Do you have an explanation has to how to shield your darling from this disastrous turn of events?
,Behold, a sower went forth to sow;....
Ericsson
#137 Posted : Thursday, September 20, 2018 12:09:49 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,628
Location: NAIROBI
Ebenyo wrote:
In the results due next month,my estimation is that the board will recommend a dividend of kshs 0.50 per share.This will purely be to help save the share price which is now kshs 4.65.
A scenerio where the board will not declare a dividend is the fall of the share price to below kshs 1.This wont augur well for a company with a revenue of kshs 120 billion and PAT of kshs 7 billion.
The dividend will shore the price to about 6-7 bob per share.


You will get ulcers by what will be announced
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#138 Posted : Thursday, September 20, 2018 10:56:46 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ebenyo wrote:
In the results due next month,my estimation is that the board will recommend a dividend of kshs 0.50 per share.This will purely be to help save the share price which is now kshs 4.65.
A scenerio where the board will not declare a dividend is the fall of the share price to below kshs 1.This wont augur well for a company with a revenue of kshs 120 billion and PAT of kshs 7 billion.
The dividend will shore the price to about 6-7 bob per share.


Dividend yield of 10.75 at current prices? Isn't that wishful thinking...
possunt quia posse videntur
Ebenyo
#139 Posted : Thursday, September 20, 2018 11:00:53 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
maka wrote:
Ebenyo wrote:
In the results due next month,my estimation is that the board will recommend a dividend of kshs 0.50 per share.This will purely be to help save the share price which is now kshs 4.65.
A scenerio where the board will not declare a dividend is the fall of the share price to below kshs 1.This wont augur well for a company with a revenue of kshs 120 billion and PAT of kshs 7 billion.
The dividend will shore the price to about 6-7 bob per share.


Dividend yield of 10.75 at current prices? Isn't that wishful thinking...


19 managers plus current and fomer mds were charged in court.This must have some positive bearing in the results due.
Towards the goal of financial freedom
Angelica _ann
#140 Posted : Thursday, September 20, 2018 1:15:23 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
@Ebenyo, please this company is dead. We are in pre-2002 manenos. If they loot NYS outright, think of what they are doing with these sophisticated companies? Remember most members of those Boards are GoK appointees representing interests of the powers that be and this is in Bill's docket. You remember CS almost crying at a press conference coz of the same court cases. I can assure you these buggers don't care about the common shareholder but what they can loot.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Users browsing this topic
Guest
10 Pages«<56789>»
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.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.