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BREAKING NEWS!! KPLC RESTRUCTURING details out
Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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The problem with the delay in announcing the Capital Restructuring is it depresses the price for those who want to sell... On the other hand, for me & @mwanahisa, it means we can expect a better 'conversion rate' as KPLC's fortunes increase in 2011 with additional connections, increased sales & better management 9lower losses, etc)... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:The problem with the delay in announcing the Capital Restructuring is it depresses the price for those who want to sell...
On the other hand, for me & @mwanahisa, it means we can expect a better 'conversion rate' as KPLC's fortunes increase in 2011 with additional connections, increased sales & better management 9lower losses, etc)... @VVS include me in the non sellers crew because i'm going to sit put and re invest my dividends.... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:The problem with the delay in announcing the Capital Restructuring is it depresses the price for those who want to sell...
On the other hand, for me & @mwanahisa, it means we can expect a better 'conversion rate' as KPLC's fortunes increase in 2011 with additional connections, increased sales & better management 9lower losses, etc)... @VVS include me in the non sellers crew because i'm going to sit put and re invest my dividends.... If KPLC does a 20:1 split... then we have shares at 12/- which can rapidly rise to 18/- (similar to KenGen) as long as earnings keep pace... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@VVS if the market speculators drop this share because of the results I'm also getting in more.... Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 12/2/2006 Posts: 42
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@ vvs what is a Scrib dividend?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Thats it...i'm selling kesho...20% gain in less than a month is not a bad return...after all they never send me those dividend cheaques...
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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charming soul wrote:@ vvs what is a Scrib dividend? It's Scrip Dividend... shares in lieu of a cash dividend Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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the deal wrote:Thats it...i'm selling kesho...20% gain in less than a month is not a bad return...after all they never send me those dividend cheaques... Please dont sell now... I wanna buy your shares at 200/-!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/2/2006 Posts: 42
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VituVingiSana wrote:mwanahisa wrote:They are good results but not great. I am a little dissapointed to be honest, especially by the dividend. I had presumed that the increase of the interim div from Kshs 2 to 3 signalled an intention to increase the full year dividend. I had anticipated that the final dividend would be Kshs 7 to round up the figure to Kshs 10. Same here but my gut tells me the reason was to keep a lid on anti-KPLC sentiments including COTU (strike threats) & customer/consumer backlash... Also KPLC is going for a Rights Issue sooner than later... So why pay a higher dividend when you ask the same shareholders for money back? IMHO, KPLC should have paid a 'small' bonus just to assuage shareholders & withheld the dividend... Or pay a Scrip Dividend @vvs can you please explain what a Scrip dividend is... Thanks
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Rank: Member Joined: 12/2/2006 Posts: 42
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Rank: Member Joined: 5/27/2010 Posts: 324 Location: nrb
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having your eggs with the govt's in one basket, rushing home with govt carrying the basket is very uncertain. This restructuring business/split?? talk screwed many in 07. 3 years later still the talk, wont be surprised if we go past 2012.
Anyway pple lucky Kimush isnt at treasury otherwise yu would be properly screwed ala mumias, safcon. yes kimush always going for best deal for gova - dont ask me about abt sincerity.
kplc results little to thump about.
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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Actually.. @alikuja... I prefer a confused vacillating GoK coz I do NOT want a conversion at this point! As long as it rains (or it does not) & KPLC has enough supply, there is enough demand for stima... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Look at the cash flow report, cash from operations down significantly from last year. Bad sign.
Current Assets up by 10B, what have they invested in worth this much? Or are they not collecting on their bills?
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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Gordon Gekko wrote:Look at the cash flow report, cash from operations down significantly from last year. Bad sign.
Current Assets up by 10B, what have they invested in worth this much? Or are they not collecting on their bills? Where did you get the info... I have not seen the detailed info just the P&L & commentary... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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PG 37, Daily Nation, Sept 24 2010. @GG, I wouldn't read too much into the drop in cash and cash equivs. But I can now understand why the dividend is not as high as I expected.
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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mwanahisa wrote:PG 37, Daily Nation, Sept 24 2010. @GG, I wouldn't read too much into the drop in cash and cash equivs. But I can now understand why the dividend is not as high as I expected. Asante... LOL... I was on nse website! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/4/2009 Posts: 700 Location: Nairobi
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is the provision for pref divs supposed to impact the eps? and cashflows? “We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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Gordon Gekko wrote:Look at the cash flow report, cash from operations down significantly from last year. Bad sign.
Current Assets up by 10B, what have they invested in worth this much? Or are they not collecting on their bills? Huh??? 1) The Current Assets are DOWN KShs 1.7bn. Where are you getting your numbers from? nyoike?  2) The cash from Operations is down KShs 3.3bn but still a decent 11.8bn. Not sure why there was a reduction but it has to be looked at in various other contexts including what was 2008 CF. 3) I believe KPLC has been diligent about disconnecting folks who do not pay! The pre-pay system will improve cashflow while reducing collection costs! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Share already touched a low of 220. I'm guessing some people didn't like the results GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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youcan'tstopusnow wrote:Share already touched a low of 220. I'm guessing some people didn't like the results LOL... that is a-OK... I have no problems it falling even further... Do you remember a firm called KK??? "Watch the crowd. Never follow it" Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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BREAKING NEWS!! KPLC RESTRUCTURING details out
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