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KenGen HY 2019
FUNKY
#321 Posted : Wednesday, December 18, 2019 10:25:48 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635

https://www.businessdail...9738-bq8ym7z/index.html

The recent heavy rainfall has raised water levels in Kenya’s hydro-electric dams, enough to cut electricity prices by the biggest margin in 16 months.

The increased water levels in the dams have reduced the use of expensive thermal power to record lows, cutting the fuel surcharge in December and part of January electricity bills to Sh2.65 per kilowatt hour, from Sh3 last month and Sh3.75 in May.
Ericsson
#322 Posted : Friday, December 20, 2019 9:50:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
FUNKY wrote:

https://www.businessdail...9738-bq8ym7z/index.html

The recent heavy rainfall has raised water levels in Kenya’s hydro-electric dams, enough to cut electricity prices by the biggest margin in 16 months.

The increased water levels in the dams have reduced the use of expensive thermal power to record lows, cutting the fuel surcharge in December and part of January electricity bills to Sh2.65 per kilowatt hour, from Sh3 last month and Sh3.75 in May.



-19.3% YTD share price appreciation
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Extraterrestrial
#323 Posted : Friday, January 10, 2020 5:12:51 PM
Rank: Member


Joined: 11/17/2018
Posts: 173
Location: Mars
Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor....ift_Valley_Province.html
sparkly
#324 Posted : Friday, January 10, 2020 8:27:59 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor....ft_Valley_Province.html[/quote]

It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed.
Life is short. Live passionately.
kawi254
#325 Posted : Friday, January 10, 2020 9:48:40 PM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
sparkly wrote:
[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor....ft_Valley_Province.html[/quote]

It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed.


I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya...
VituVingiSana
#326 Posted : Saturday, January 11, 2020 12:03:26 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
kawi254 wrote:
sparkly wrote:
[quote=Extraterrestrial]Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor....ft_Valley_Province.html[/quote]

It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed.

I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya...
Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#327 Posted : Saturday, January 11, 2020 3:54:50 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
kawi254 wrote:
sparkly wrote:
Extraterrestrial wrote:
Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor.com/Show...ift_Valley_Province.html


It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed.

I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya...
Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria.

This spa's contribution to Kengen's profit is insignificant. But yes, they need to do something about the restaurant.
FUNKY
#328 Posted : Sunday, January 12, 2020 10:38:32 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
https://www.businessdail...15436-nj5vp8/index.html

:The fuel cost levy has fallen to its lowest in 13 months due to heavy rains that have filled the country’s power generation dams.
Ericsson
#329 Posted : Monday, January 13, 2020 7:38:45 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
mwekez@ji wrote:
VituVingiSana wrote:
kawi254 wrote:
sparkly wrote:
Extraterrestrial wrote:
Read the poor, average and terrible reviews and get a glimpse of a GoK entity's management of the Olkaria Spa.

https://www.tripadvisor.com/Show...ift_Valley_Province.html


It's a mwananchi spa. If your expectations are of a luxury spa, you will be disappointed.

I have read the reviews for which the Olkaria spa reviews are good. The restaurant reviews are the negative ones...they could do a food court where they open up the restaurant to competing service providers. That Olkaria spa restaurant service is so common all over Kenya...
Yep! The restaurant is a let down but they are coasting on the lack of options for visitors. The "Delamare Farm" has a nice restaurant but it is some distance away on the "Upper Road" and there are other options along South Lake Rd though all require one to exit Hell's Gate/Olkaria.

This spa's contribution to Kengen's profit is insignificant. But yes, they need to do something about the restaurant.


They outsource to a firm that knows how to run a restaurant
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#330 Posted : Wednesday, January 15, 2020 3:16:36 PM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?
Ericsson
#331 Posted : Thursday, January 16, 2020 2:15:44 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metch
#332 Posted : Thursday, January 16, 2020 9:29:48 AM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!
Start!
Balaa
#333 Posted : Thursday, January 16, 2020 9:46:46 AM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!

Really? How about comparative figures? I dont think they can release HY results without divulging how they fared in FY. Pas possible! Are we (not) getting too jittery and wishful?
If it don't make dollars, it don't make sense
Angelica _ann
#334 Posted : Thursday, January 16, 2020 9:55:32 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#335 Posted : Thursday, January 16, 2020 10:14:23 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


The problem is the despot. Focus, viva.

The despot behaves like a spoilt child who cannot link effects to his actions.

Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency.

He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts.

In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive.

The despot must fall. Viva
Life is short. Live passionately.
Ericsson
#336 Posted : Thursday, January 16, 2020 10:53:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


Baba is a business man.
He does commerce politics
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#337 Posted : Thursday, January 16, 2020 10:53:53 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
sparkly wrote:
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


The problem is the despot. Focus, viva.

The despot behaves like a spoilt child who cannot link effects to his actions.

Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency.

He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts.

In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive.

The despot must fall. Viva


In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#338 Posted : Thursday, January 16, 2020 11:12:52 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
sparkly wrote:
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


The problem is the despot. Focus, viva.

The despot behaves like a spoilt child who cannot link effects to his actions.

Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency.

He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts.

In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive.

The despot must fall. Viva


In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? smile


I am for releasing the results as unaudited.

Sparkly wrote:

IMO Kengen should just release the results as unaudited and pay dividends.

It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.


Life is short. Live passionately.
Ericsson
#339 Posted : Friday, January 17, 2020 11:30:40 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
sparkly wrote:
Angelica _ann wrote:
sparkly wrote:
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


The problem is the despot. Focus, viva.

The despot behaves like a spoilt child who cannot link effects to his actions.

Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency.

He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts.

In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive.

The despot must fall. Viva


In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? smile


I am for releasing the results as unaudited.
Not allowed
Sparkly wrote:

IMO Kengen should just release the results as unaudited and pay dividends.

It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.



Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metch
#340 Posted : Friday, January 17, 2020 4:19:30 PM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
sparkly wrote:
Angelica _ann wrote:
sparkly wrote:
Angelica _ann wrote:
Metch wrote:
Ericsson wrote:
kawi254 wrote:
right about now the KenGen dividend would be rescuing the nJaanuary situation.

Wanjiku missed the yearly December trip to Nairobi to attend KenGen AGM. Does Wanjiku understand it is because Her president can't make up His mind?


Dividend may come through HY results. This one doesn't require Auditor general
Wanjiku is being entertained by BBI and desert locusts


Are u saying they will release HY results before the long awaited FY?
Shame on Jubilee. 14 member BBI committee appointed in record time to waste time and money... But we can't have an Auditor General. Shame!


Shame & blame squarely fall on Baba. He should have helped Kenyans with this appointment, but he has been bought.


The problem is the despot. Focus, viva.

The despot behaves like a spoilt child who cannot link effects to his actions.

Case in point is the war with the Judiciary. He is yet to approve 30 judges appointed by JSC. Treasury & Parliament connived to reduce budget allocations to the Judiciary. His Ministers defy court orders particularly on Miguna's immigration status. Yet he blames the Judiciary for inefficiency.

He has directed parastatals to surrender idle cash to Treasury. Yet he has failed to appoint Auditor General to approve financials to enable the companies approve dividend payouts.

In a couple of months he will be directing DCI to arrest and charge directors of the parastatals for failing to adhere to his directive.

The despot must fall. Viva


In the Kplc thread 'we were supposed to impeach him' if he didn't appoint the Auditor General within some specified time lines, what became of that? smile


I am for releasing the results as unaudited.
Not allowed
Sparkly wrote:

IMO Kengen should just release the results as unaudited and pay dividends.

It's unacceptable for a company traded on a world recognized exchange to peg release of results on a political process that might take a whole year.





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