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Viny
#1 Posted : Wednesday, August 05, 2009 9:10:00 AM
Rank: Member


Joined: 4/28/2008
Posts: 11
When is kengen expected to report its results & what do u think we have in store . Last year we had 0.90 cents in dividend . Any guesses ????????

Vinny
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VituVingiSana
#2 Posted : Wednesday, August 05, 2009 10:31:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
KenGen needs cash to continue expanding non-hydro sources


Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Viny
#3 Posted : Wednesday, August 05, 2009 11:47:00 AM
Rank: Member


Joined: 4/28/2008
Posts: 11
@vitu - U mean kengen wont declare any dividend for it has huge capital commitments ? .

They should go for rights issue to raise funds from investor at this moment when things are getting tougher .

Lets wait & see


Vinny
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