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Kenya Power FY2017
Rank: Member Joined: 8/6/2018 Posts: 292
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Ebenyo wrote:VyaBureSiachi wrote:KaunganaDoDo wrote:Ebenyo wrote:Three weeks to results announcement.Insider trading looks to be a thing of the past.The share price movement does not indicate anything. Wait for Announcement next week. You will remember me. Anyway, Bora Uhai. There's still room for electrical shocks if next week doesn't Short Circuit you If that's to be the case then I hope the results are as terrible as possible. This will ensure that the share price collapses and we can load up on more while those who wish can average down properly. Luke warm results will stagnate the price at its current level for a long time. Kama mbaya Wacha iwe mbaya kabisa. If there's one thing I hate it's a share price that doesn't move. Kenya power has consistently paid dividends over the years.According to wazua statistics,they have been paying since 2006 without fail.If they fail this year it will be the first time in 12 years.And mama ngina kenyatta is a shareholder here. They have kshs 51 billion in receivables.They were to recover 10.1 billion by 30th june but appolo mboya went to court.We will wait to see how much of 40 billion have they recovered. There will be no dividends This year. Take it from me.
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on.  Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 292
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill...
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill... Shall wait,that announcement if made most likely will take effect from next month earliest. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill... Last year results were announced on 21.10.2017. so wait at least two and a half weeks. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill... Last year results were announced on 21.10.2017. so wait at least two and a half weeks. @Ebenyo we are talking about reduction in electricity tariffs not Full year results Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 465 Location: Nairobi
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If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power)
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) In those countries there is no democracy or freedom of choice. In Kenya not easy to renegotiate with IPPs because of vested interests and nature of contracts signed between GoK and the IPPs Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 292
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kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) The Tariff reduction has nothing to do with Lake Turkana Wind...The reduction will happen on the base tariff (which is fixed , also called nonfuel tariff)...The base tariff haS ONE TO ONE RELATIONSHIP with KPLC OPEX, power purchase costs ...and operating margins...reducing the base tariff without the compensating measures means KPLC will be left to bear the load...and with similar amouts eat into its bottom line...LTWP will affect the tariff via the Fuel Cost charge FCC which vary month on month...Reduction in FCC doesnt add anything to KPLC bottomline since the Fuel Cost Charge is a passthrough charge...As we speak, 40MW out of 310MW have been integrated into the grid...Commissioning of the 365 turbines is an ongoing process untill december
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Rank: Member Joined: 8/6/2018 Posts: 292
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Ericsson wrote:kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) In those countries there is no democracy or freedom of choice. In Kenya not easy to renegotiate with IPPs because of vested interests and nature of contracts signed between GoK and the IPPs Very Well Said Bro...Muhudumu, Ongeza Glass
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KaunganaDoDo wrote:kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) The Tariff reduction has nothing to do with Lake Turkana Wind...The reduction will happen on the base tariff (which is fixed , also called nonfuel tariff)...The base tariff haS ONE TO ONE RELATIONSHIP with KPLC OPEX, power purchase costs ...and operating margins...reducing the base tariff without the compensating measures means KPLC will be left to bear the load...and with similar amouts eat into its bottom line...LTWP will affect the tariff via the Fuel Cost charge FCC which vary month on month...Reduction in FCC doesnt add anything to KPLC bottomline since the Fuel Cost Charge is a passthrough charge...As we speak, 40MW out of 310MW have been integrated into the grid...Commissioning of the 365 turbines is an ongoing process untill december Reduction in FCC has an effect to KPLC bottomline since if you look at the amount KPLC passes to consumers vis a vis the amount it spends,the amount passed to consumers is usually less. KPLC makes a loss in FCC. Check page 112 of the 2017 annual report http://kplc.co.ke/AR2017...%20Annual%20Report-.pdf
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 292
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Ericsson wrote:KaunganaDoDo wrote:kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) The Tariff reduction has nothing to do with Lake Turkana Wind...The reduction will happen on the base tariff (which is fixed , also called nonfuel tariff)...The base tariff haS ONE TO ONE RELATIONSHIP with KPLC OPEX, power purchase costs ...and operating margins...reducing the base tariff without the compensating measures means KPLC will be left to bear the load...and with similar amouts eat into its bottom line...LTWP will affect the tariff via the Fuel Cost charge FCC which vary month on month...Reduction in FCC doesnt add anything to KPLC bottomline since the Fuel Cost Charge is a passthrough charge...As we speak, 40MW out of 310MW have been integrated into the grid...Commissioning of the 365 turbines is an ongoing process untill december Reduction in FCC has an effect to KPLC bottomline since if you look at the amount KPLC passes to consumers vis a vis the amount it spends,the amount passed to consumers is usually less. KPLC makes a loss in FCC. Check page 112 of the 2017 annual report http://kplc.co.ke/AR2017...%20Annual%20Report-.pdf
The reason why it affects KPLC is because of the system loss target...Full recovMambo? Bado hujakua Hornyery of FCC is at Loss target of 14.9% .... KPLC Loss is at 20%...The difference is what affect KPLC.... the effect on KPLC's cost is via Loss level... not the FCC'S number... the same applies to forex adjustment And infla
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:KaunganaDoDo wrote:kawi254 wrote:If Electricity tariffs go down it will because of LTWP is already coming online to the grid gradually i.e 300MW (~210MW since wind doesn't blow always)
Is it possible for GoK to renegotiate PPAs with IPPs? Magufuli did it in Tanzania and Museveni did it in Uganda (Bujagali power) The Tariff reduction has nothing to do with Lake Turkana Wind...The reduction will happen on the base tariff (which is fixed , also called nonfuel tariff)...The base tariff haS ONE TO ONE RELATIONSHIP with KPLC OPEX, power purchase costs ...and operating margins...reducing the base tariff without the compensating measures means KPLC will be left to bear the load...and with similar amouts eat into its bottom line...LTWP will affect the tariff via the Fuel Cost charge FCC which vary month on month...Reduction in FCC doesnt add anything to KPLC bottomline since the Fuel Cost Charge is a passthrough charge...As we speak, 40MW out of 310MW have been integrated into the grid...Commissioning of the 365 turbines is an ongoing process untill december
Reduction in FCC has an effect to KPLC bottomline since if you look at the amount KPLC passes to consumers vis a vis the amount it spends,the amount passed to consumers is usually less.
KPLC makes a loss in FCC.Check page 112 of the 2017 annual report http://kplc.co.ke/AR2017...%20Annual%20Report-.pdf
@ Eric's, come closer, next year is red red wine, ooooh sorry soorry. Red red zone ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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These was a good warning to thieves in kplc.They should target more with billions deals. https://www.businessdail...8710-10r64ukz/index.html Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote: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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill... https://www.the-star.co....s-says-cs-keter_c1831004Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 292
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:muandiwambeu wrote:KaunganaDoDo wrote:obiero wrote:muandiwambeu wrote:[quote=Ebenyo][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? Technically to make you understand, thougj you should find it harder ...this is no options or swaps nor is it a blacks schole- A THEORY WHOSE INCORRECT USAGE LEND TO THE WORST FINANCIAL CRASH OF THE CENTURY, how do I know you are the angel Gabriel, valuation of derivatives The tariff are divided into two, BASE tariff and Passthrough Charges. Base Tariffs are set and fixed. They are set at particular exchange rate and CPI...Thus base rates of the current tariffs were priced at the March 2017 exchange rates..They thus are fixed..while Passthrough Charges (Forex, Fuel charge,Infla )vary month to month Thus base rates already have forex variations upto 103 shillings... because Kplc ,kengen and ipp opex like loan and interest payments are priced at March 2017 exchange rates, Whenever the exchange rate depreciates above the 103 rate(The march 217) The difference is a charge to the customers, the opposite happens when its lower...in summary the opex for month of August 2018 have been overstated by 1.2B since the actual rate is 101 tothe dollar...The opex is part of the base Tariff... These things are too touchy and technical to be left to the nerd technicians who aren't able to categorically say Apollo's client have worn a suit amounting to 1.2billions. I see you are comfortable with opex, capex forex, baseless, passthorough etc but you are not appreciating this is a hit below the belt, ebideta, and just slightly above the bottom lines. Kizungu mingi inaleta kizunguzungu, let's all and sundry know that kplsee is enroute to book costs, fines and awards in a case amounting to 1.2beanions. let's accept and move on. Things will get clearer to you once the dust a settled, that speed and agility are joined at the hips with adaptation and survival BUSINESS DAILY Business Daily, Kenya Power Bill Refund: Electricity consumers will this month be refunded Sh. 1.2 billion following a review of foreign exchange in power bills, easing the pain on homes that endured the rise in tariffs of up to 52.8 per cent in August. The Energy Regulatory Commission (ERC) said homes and business are due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month. Kenya’s monthly power consumption has averaged 970 million units in recent months, meaning consumers will enjoy refunds of Sh1.2 billion that will be deducted from their September bills. This will offer relief to the middle class that saw power costs rise up to 52.8 per cent when a new billing structure that took effect on August 1 for prepaid users and July 1 for those of post-paid meters. Notice is given that all prices for electrical energy…will be liable to a foreign exchange fluctuation adjustment of minus 131 Kenya cents per kWh for all meter readings to be taken in September,” said ERC director-general Pavel Oimeke in a Friday Kenya Gazette notice. The forex levy comprises expenses power generators such as KenGen KEGN, the independent power producers as well as Kenya Power incur in foreign currency that is passed on to consumers. This makes the power sector attractive to foreign investors looking to be cushioned from currency risks. The fact remains the same, minus. Not positive. I believe, kplsee do not make profits out of refunds. But, as a frugal businessperson, I can make money out of monies advanced to me by my customers(but now I have to "refund"). A fact does not change with the amount of information thrown into it. You are a true Layman when it comes to Energy Tariffs and how they are calculated and set.... Continue Keeping it Simple and Lay... When one month the Forex charge on your bill decrease, does it mean KPLC has Lost Money...Go to ERC website and download something called yellow book...The tariff schedule for the approved tariffs that came into effect in August 1 2018...I think people should give commentary on matters they are well versed in, as Adam Smith would say. this world would be a truethful society....And i wouldn't be here belabouring my point...But Bora Uhai Mwanedu Kplsee shouldn't have wasted their day in court with their cleuless lawyers who understands nothing with energy billing and tarriffs cause they too have a yellow book they have not been adhering too and levying forex charges that are bills and not charges and not apportioned as per metered units. Fair thee well,plo wa kplsee. I hope you find time to know what a refund is. Also, find time to know that going to court is not courtship and courts awards are not the same thing as courtship and walking down the aisle for a wedding ring and a Holly matrimony. EXPECT NEW NEW ELECTRICITY TARIFFS NEXT WEEK...POLITICAL PRESSURE Prices will go up or down DOWN...The VAT thing is forcing the government to find ways of appeasing Wanjiku on KPLC's cost. The week is here,when is the announcement being done Patience is the Key...Not that this type of patience is good for you...The Announcement will come from the House on the Hill... https://www.the-star.co....-says-cs-keter_c1831004[/quote] The government will reduce power tariffs so low-income earners can enjoy benefits of the Last Mile Connectivity project, Energy CS Charles Keter has said. He said on Saturday that the new charges will ease the burden on many Kenyans. They will be announced soon and will be more “reasonable” than current rates, the CS said. “The President will be announcing the new rates in the next one week. They’ll be cheaper than even kerosene that most people use,” Keter said at Dam Side Primary School in Bomet East. He launched the connectivity project. Keter said the government is committed to ensuring the project succeeds. Leaders present at the event included Bomet governor Joyce Laboso, Senator Christopher Langat and MP Ronald Tonu NOW YOU SEE. I JUST DON'T BLUFF AROUND. MY WORD IS NOT RUMORS AND IS NOT FICTION. NEITHER IS IT MEANT TO MISLEAD PEOPLE...Under New tariff, the Lifeline tariff will be from 1 to 100 Units as opposed to the 1 to 10 Units
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Bad time to be a tenderprenuer here.Submit one false or expired cert and you will find yourself in court with bond set at 200k.If you dont have a document in the checklist just submit without it or skip that tender all together.
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Rank: Member Joined: 8/6/2018 Posts: 292
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I say Again, RUN...i hear a voice shouting in the wilderness...make way , get ready...A tsunami is inbound...This is the time to get saved..Take the walk of faith and Run
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KaunganaDoDo wrote:I say Again, RUN...i hear a voice shouting in the wilderness...make way , get ready...A tsunami is inbound...This is the time to get saved..Take the walk of faith and Run Explain Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/3/2007 Posts: 1,634
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KaunganaDoDo wrote:I say Again, RUN...i hear a voice shouting in the wilderness...make way , get ready...A tsunami is inbound...This is the time to get saved..Take the walk of faith and Run I see your pessimism and I raise you Safaricom. The event that portended this company's rise was not Mpesa but the day they adopted per second billing. Critics predicted that this was the end, what with loss of the fixed standing charge, the guaranteed minimum pay per minute. What resulted was a massive market expansion and the rest is history. I predict the same will happen here. Kenyan villagers do not use Kerosene because they love the smell. Make power affordable and they will all pile in. Now the only piece remaining is to break up the KPLC monopoly. "The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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