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Kenya power posts 36 pct profit jump in FY 2012
Rank: Member Joined: 11/6/2010 Posts: 289
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Kenya Power posted on Friday a 36 percent jump in full-year pretax profits to 8.51 billion shillings ($99.94 million) in 2012 and said earnings per share climbed to 2.36 shillings from 2.16 a year earlier.
The company, the sole power distributor in east Africa's biggest economy, said revenue from electricity sales rose 6 percent to 45 billion shillings in the period ending June 30.
wao good news leo ni furahi day
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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Reuters indicates a dividend 0.5. No mention of bonus .
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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holycow wrote:Reuters indicates a dividend 0.5. No mention of bonus . Sumni is too little and an insult! It should be nothing below .70/- Where's that link?
BBI will solve it :)
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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I wrote this on my FB Page On Tuesday its exactly what Kenya Power has delivered "Kenya Power (KPLL:KN) touched a 52 week high of Ksh19 before closing at Ksh18.95 up 1.88% ahead of its Full Year earnings expected this week. I expect revenues at the power distributor to rise by a single digit (5% y/y) to stand at Ksh44.6bn driven by increased electricity sales, revenues will be negated by power losses which i estimate to be around 26% in FY 2012 consequently I expect FY 2012 earnings to rise by 8.8% y/y to stand at Ksh4.6bn that's if their able to maintain net profit margins at 10.3%. On the downside I expect high depreciation and finance costs to weigh negatively on the power distributor"
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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 im very happy with these results. 36%!! i had predicted EPS of 2.34 they've delivered 2.36. need to pore over the results now. i just experienced a blackout as i was reading this thread. te he he. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Good results,but a very mean company,last years div. Was .45cts and a bonus this year .50cts without a bonus and already they paid an interim div. Of .20cts so expect a mere .30cts "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 11/6/2010 Posts: 289
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we bot this counter at 19.50...will we ever get there????
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:Good results,but a very mean company,last years div. Was .45cts and a bonus this year .50cts without a bonus and already they paid an interim div. Of .20cts so expect a mere .30cts is that what it means. that would disappoint. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Final dividend KES 0.30 per share. Book closure, 20th Dec 2012. Payment 28th Feb 2013
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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gesowan wrote:we bot this counter at 19.50...will we ever get there???? ...you are not alone my brother,you are not alone. possunt quia posse videntur
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Quick one:when calculating dividend yield which one should i use;historical price (the one which i bought the share) ama the current market price? possunt quia posse videntur
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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#Noted; FY 12 foreign exchange profit is a whooping KES 1.425 B compared to a FY 11 foreign exchange loss of KES 0.584 B
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Positive - EPS 2.36 P/E 7.8x at the current VWAP of KES 18.50
Negative - Low Dividend and no bonus will not augur well with this market
Fact - KPLC needs the earnings and loans to achieve adequate infrastructure
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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maka wrote:Quick one:when calculating dividend yield which one should i use;historical price (the one which i bought the share) ama the current market price? on public analysis, use current market price. on your personal dividend yield achievement, use your average purchase price (that historical price)
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwekez@ji wrote:Final dividend KES 0.30 per share. Book closure, 20th Dec 2012. Payment 28th Feb 2013 ouch. that really low and no bonus.market cant like this The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Switch to Kengen, Dividend Yield at 9.25 is 6.5%...PE 7.2 Revenue growth 11% y/y vs Kenya Powers 2.7% Dividend yield, PE 7.8 and Revenue growth of 6% y/y.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Someone make me understand, why has KPLC paid such a high tax this year (45.7% of its PBT). In FY 11, they paid 32.5% which is about the country's corporate tax rate.
This year's high tax rate is so huge that PBT is up 36.0% yet PAT is up a mere 9.4% #Huge disparity
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:Switch to Kengen, Dividend Yield at 9.25 is 6.5%...PE 7.2 Revenue growth 11% y/y vs Kenya Powers 2.7% Dividend yield, PE 7.8 and Revenue growth of 6% y/y. This energy sector! General Electric to Develop 1,000 Megawatts in Kenya and is in talks with Kenya Power Ltd about a power-purchase agreement. #Compe to kengen Source: Bloomberg article dated Oct 26, 2012 http://www.bloomberg.com/news/2...s-in-kenya-correct-.html
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mwekez@ji wrote:the deal wrote:Switch to Kengen, Dividend Yield at 9.25 is 6.5%...PE 7.2 Revenue growth 11% y/y vs Kenya Powers 2.7% Dividend yield, PE 7.8 and Revenue growth of 6% y/y. This energy sector! General Electric to Develop 1,000 Megawatts in Kenya and is in talks with Kenya Power Ltd about a power-purchase agreement. #Compe to kengen Source: Bloomberg article dated Oct 26, 2012 http://www.bloomberg.com/news/2...s-in-kenya-correct-.html Hio compe haitoshi, all that power will be consumed.. There is some other thread that I mentioned that Kengen is a better bet than KPLC some dude/tte called Kausha bashed me badly, I hope he is slowly getting to realize that he was very blind. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Kenya power posts 36 pct profit jump in FY 2012
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