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Kengen has bolted!
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@mkono. they appetite for large debt is why I sold first kplc then kengen . too aggresive and for what? I wasn't comf with that debt as a shareholder. despite the rosy outlook The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:mkonomtupu wrote:On the power tariffs Kengen and KPLc are joined at the hip. By throwing KPLC under the bus kengen will also come out bruised. The key reason for the power tariffs review was because kplc had entered into contracts to buy power from new projects kengen and IPPs. Now if your sole purchaser cannot buy the power you are producing at a good bargain how then do you attract capital to your projects. Turkana wind project is 74 billion, the proposed coal gas plant by kengen would come to 600million $ around 50billion. The only way to fund this capital intensive projects would be for kengen to continue soaking debt and that would hurt the equity. Shareholders would come out worse as @Kausha keeps saying. With that in mind I have placed an order to sell all my Kengen shares take out my 90% capital gains (I sold out a major portion @ 16.05 after I heard the new Enery secretary Chirchir speak in Statehouse). I will now set up a helpline like Buffet with airline stocks every time I want to invest in GoK parastatals I will call them and they talk me down. "Every hand is a winner, every hand is a loser" I follow the money and it has been flowing into kengen. KPLC will ALWAYS buy ALL the power that KENGEN produces, keep that in mind "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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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Deputy President Ruto should now crack the whip on ERC on the formula used to calculate petrol prices and KPRL. Efficiency in these two organisations will be key to lowering the cost of fuel and ultimately the cost of living and doing business Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Ericsson wrote:Deputy President Ruto should now crack the whip on ERC on the formula used to calculate petrol prices and KPRL.
Efficiency in these two organisations will be key to lowering the cost of fuel and ultimately the cost of living and doing business Can someone calculate the Billions going to IPPs using this link http://rayofsolaris.net/misc/kenya-electricity/
and other relevant sources? Note: to see the graphs use Google chrome or Fox! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Kenya Electricity Generating Company raises Olkaria geothermal plant's potential to 350 MW from 280 MW http://www.standardmedia...nt-s-potential-to-350-mw"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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Trade still remains long kengen, short kplc yaani buy kengen, sell kplc. Kengen will remain a monopoly longer than kplc. This is why it's easier for it to be thrown under the bus. Next political deals on power transmission will crop up. Just follow the money... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Here is the future http://www.youtube.com/watch?v=KZWUaCijW6A "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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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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MANUFACTURERS want to buy power directly from generating companies to avoid unnecessary costs charged by Kenya Power in a bid to reduce their energy expenses. Speaking on Friday evening during the Energy Awards held in Nairobi, Kenya Association of Manufacturers chairman Polycarp Igathe said inefficiencies in the country's distribution system make manufacturers pay higher energy costs which would be avoided in a competitive environment. http://www.the-star.co.k...rs-want-pass-kenya-power"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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:MANUFACTURERS want to buy power directly from generating companies to avoid unnecessary costs charged by Kenya Power in a bid to reduce their energy expenses. Speaking on Friday evening during the Energy Awards held in Nairobi, Kenya Association of Manufacturers chairman Polycarp Igathe said inefficiencies in the country's distribution system make manufacturers pay higher energy costs which would be avoided in a competitive environment. http://www.the-star.co.k...s-want-pass-kenya-power
The politricks continues...
Short KPLC, long Kengen still in play.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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High Grand Falls dam here we come; http://www.nation.co.ke/...14/-/ne2whl/-/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Sh16.70 prints...From Sh7.40.I'm now up 125%....looks like Sh20 is within sight....BOLT!
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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17 prints with volumes @Hisah is spot on with the KPLC/KENGEN Play I dont know how low KPLC will get but i note foreigners are on selling side(so far today net is 91%)
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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It's our turn to eat...... Kazi iendelee! IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Member Joined: 8/16/2012 Posts: 660
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Today Quote:KENGEN 16.60
KPLC 16.60 Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Metasploit wrote:FOsiemo10M in January wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ? Where did this dude go to? @FOsiemo10M "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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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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murchr wrote:Metasploit wrote:FOsiemo10M in January wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ? Where did this dude go to? @FOsiemo10M 'You' chased him. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Mastermind wrote:murchr wrote:Metasploit wrote:FOsiemo10M in January wrote:@ 13. Good luck for those hoping for 16-17. Never! Do you own any shares ? or do you own any kengen shares for that matter ? Where did this dude go to? @FOsiemo10M 'You' chased him. How now, Wazua is every1's territory. Anyway, time proved him wrong "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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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EA power firms feeling the heat - http://www.theeastafrica...2/-/4x9msx/-/index.html
Kenya power, Umeme & Tanesco all have ballooning costs that politricks has enforced on them effectively making them tricky investments to hold. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Kengen rallies towards result announcement while KPLC takes the opposite highway... Other kplc buddies are MSC and KQ pending result release with prices flat lined in the ICU... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Kengen has bolted!
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