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Kenya power posts 36 pct profit jump in FY 2012
Aguytrying
#21 Posted : Saturday, October 27, 2012 7:25:08 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mwekez@ji wrote:

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

.


Where did you see the report. ive looked everywhere, cant find it
The investor's chief problem - and even his worst enemy - is likely to be himself
jerry
#22 Posted : Saturday, October 27, 2012 7:41:34 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mwekez@ji wrote:

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

.

Because elections are around! On a more serious note, the highest tax rate is 30% and this should be for unlisted co. Now think of the High electricity bills and tell me why I should invest in KP. Let's Move! To KenGEN of course.
The opposite of courage is not cowardice, it's conformity.
mwekez@ji
#23 Posted : Saturday, October 27, 2012 7:44:55 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Aguy, has just sent the FY 12 report to wazua mail group
mwekez@ji
#24 Posted : Saturday, October 27, 2012 7:51:24 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
murchr wrote:
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.




How much is Kengen currently producing and what are its plans going forward?
holycow
#25 Posted : Saturday, October 27, 2012 7:56:48 AM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
maka wrote:
gesowan wrote:
we bot this counter at 19.50...will we ever get there????

...you are not alone my brother,you are not alone.

Bought it at 21.5, 21, 20.75, 20, 16.5, My average cost factoring bonus & commissions is 19.4.
When it went lower, decided not to pump money into it, bought other counters.
Aguytrying
#26 Posted : Saturday, October 27, 2012 8:09:31 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
holycow wrote:
maka wrote:
gesowan wrote:
we bot this counter at 19.50...will we ever get there????

...you are not alone my brother,you are not alone.

Bought it at 21.5, 21, 20.75, 20, 16.5, My average cost factoring bonus & commissions is 19.4.
When it went lower, decided not to pump money into it, bought other counters.


It may be unbelievable. I have bought it at rights, 21,20,19....and every price down to 14. most below 16. im happy now
The investor's chief problem - and even his worst enemy - is likely to be himself
Aguytrying
#27 Posted : Saturday, October 27, 2012 8:20:55 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mwekez@ji wrote:
@Aguy, has just sent the FY 12 report to wazua mail group


you are a saviour
The investor's chief problem - and even his worst enemy - is likely to be himself
murchr
#28 Posted : Saturday, October 27, 2012 8:28:20 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
murchr wrote:
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.




How much is Kengen currently producing and what are its plans going forward?


Lets just say its selling everything to KPLC which is still not enough.
"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
.
mwekez@ji
#29 Posted : Saturday, October 27, 2012 8:43:39 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Aguytrying wrote:
mwekez@ji wrote:
@Aguy, has just sent the FY 12 report to wazua mail group


you are a saviour


Cheers comrade @Aguy. All in wazua spirit
hisah
#30 Posted : Saturday, October 27, 2012 9:20:55 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
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.

I had stated this on Tues that rotation from KPLC to Kengen is happening now. And with that mean KPLC div with no bonus, the upside support will be limited.

Kengen has an upside potential of 13.5% from 9.25/- targetting 10.50/- before book closure on Dec 5th. So upside of 13.5% plus div yield of 6.5% @9.25/- gives a cool return of 20%.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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