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Kenya Power - what's the latest?
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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guru267 wrote:www.nation.co.ke/News/politics/House-seeks-to-end-Kenya-Power-monopoly/-/1064/1911246/-/4orkacz/-/index.html GAME OVER!!  There are so many barriers of entry "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: 12/9/2009 Posts: 6,592 Location: Nairobi
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murchr wrote:guru267 wrote:www.nation.co.ke/News/politics/House-seeks-to-end-Kenya-Power-monopoly/-/1064/1911246/-/4orkacz/-/index.html GAME OVER!! There are so many barriers of entry I don't think it's game over. I saw they've advertised for a new CEO. I'm a share holder of KPLC and I think this ruling by parliament is the best thing to have ever happened to KPLC. They have no choice but to be efficient and I think under the now no-nonsense Jubilee govt. they have no choice. As for barrier to entry, I don't think it's that difficult, GE or those Chinese companies can decide overnight to throw in a few billion $ and be up and running in no time. A very serious audit is needed for any foreign investor wishing to enter this sector, people are not ready to pay much and the unwavering Kenyan patriotism might just make them unprofitable similar experience to what's happening in the telecoms sector meaning KPLC will eventually reign supreme.
BBI will solve it :)
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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2012 wrote:murchr wrote:guru267 wrote:www.nation.co.ke/News/politics/House-seeks-to-end-Kenya-Power-monopoly/-/1064/1911246/-/4orkacz/-/index.html GAME OVER!! There are so many barriers of entry I don't think it's game over. I saw they've advertised for a new CEO. I'm a share holder of KPLC and I think this ruling by parliament is the best thing to have ever happened to KPLC. They have no choice but to be efficient and I think under the now no-nonsense Jubilee govt. they have no choice. As for barrier to entry, I don't think it's that difficult, GE or those Chinese companies can decide overnight to throw in a few billion $ and be up and running in no time. The biggest barrier for an investor though is they'll be getting in an industry where people are not ready to pay much and might prove unprofitable for 'non Kenya' companies as we're experiencing in the telecoms meaning KPLC will eventually reign supreme. There is the problem. Kenyans want cheap elec yet we dont produce enough. Penetration is only at 15%, there's money to be made in generating but not in distributing. "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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what is this KPLC-P4, KPLC-P7, flowing on the mystocks live quotes? "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: 11/11/2006 Posts: 971 Location: Home
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murchr wrote:what is this KPLC-P4, KPLC-P7, flowing on the mystocks live quotes? Those should be preference shares at 4% and 7% respectively. I stand to be "collected" though.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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I think, at this time, i can state that 13.80/- is the lowest KPLC is hitting until FY2013 results. Any doubts? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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No more Rural Electrification? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
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2012 wrote:murchr wrote:guru267 wrote:www.nation.co.ke/News/politics/House-seeks-to-end-Kenya-Power-monopoly/-/1064/1911246/-/4orkacz/-/index.html GAME OVER!! There are so many barriers of entry I don't think it's game over. I saw they've advertised for a new CEO. I'm a share holder of KPLC and I think this ruling by parliament is the best thing to have ever happened to KPLC. They have no choice but to be efficient and I think under the now no-nonsense Jubilee govt. they have no choice. As for barrier to entry, I don't think it's that difficult, GE or those Chinese companies can decide overnight to throw in a few billion $ and be up and running in no time. A very serious audit is needed for any foreign investor wishing to enter this sector, people are not ready to pay much and the unwavering Kenyan patriotism might just make them unprofitable similar experience to what's happening in the telecoms sector meaning KPLC will eventually reign supreme. Telkom is more Kenyan than Safaricom. I believe its innovation, marketin plus efficient service that wins over the client
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Kenya Power has received a Sh3.3 billion loan from the French Development Agency (AfD) to partly finance connection of at least 300,000 new households. http://www.businessdaily...2/-/9bbkwfz/-/index.html"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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Another reason i dont touch this stock..... Kenya Power hit as unpaid electricity bills rise to Sh9bnQuote:Electricity distributor Kenya Power saw customer defaults rise to Sh9.1 billion in the year to June, piling pressure on the company’s finances in a period its profit fell by a quarter.
The rising bad debts come in a year Kenya Power saw its profits drop 24.7 per cent to Sh6.4 billion, a performance that saw the firm fail to pay a dividend for the first time since 2004 as high finance costs left it with a negative cash position. A company in need of a serious management overhaul, very disappointing "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: Member Joined: 5/8/2007 Posts: 709
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this stock wont go below the current price of 14-15 bob.
once chirchir gets sense in his head and appoints an able CEO,the kenya power will sky rockets to where it were before.
a must buy now
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Shouldn't the new MD have been appointed by now??? This ship has been floating aimlessly for too long now.
BBI will solve it :)
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Rank: Member Joined: 5/8/2007 Posts: 709
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thats true, makes one wonder how goverment operates.
KP needs an able CEO more than ever
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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mwenza wrote:Looks like I will never get the dividend cheque this year. Anybody in the same boat?
Could somebody please give me the contacts for their registrar? There was zero dividend this year. The acting MD is not empowered to issue dividends.
BBI will solve it :)
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Rank: Member Joined: 10/20/2013 Posts: 155
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faa wrote:this stock wont go below the current price of 14-15 bob.
once chirchir gets sense in his head and appoints an able CEO,the kenya power will sky rockets to where it were before.
a must buy now How will the able CEO operate when DPORK wont allow for tariff review? MY NAME IS ADNAN JANUZAJ
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Kenya Power will come good...its a bargain at the moment.
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Rank: Elder Joined: 12/4/2009 Posts: 10,671 Location: NAIROBI
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@2012 if the following statement "There was zero dividend this year. The acting MD is not empowered to issue dividends" is true then why did KENGEN issue yet they also have an acting MD Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 10/20/2013 Posts: 155
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Ericsson wrote:@2012 if the following statement "There was zero dividend this year. The acting MD is not empowered to issue dividends" is true then why did KENGEN issue yet they also have an acting MD
Lack of dividend was simply because KPLC IS BROKE. MY NAME IS ADNAN JANUZAJ
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Adnan wrote:Ericsson wrote:@2012 if the following statement "There was zero dividend this year. The acting MD is not empowered to issue dividends" is true then why did KENGEN issue yet they also have an acting MD
Lack of dividend was simply because KPLC IS BROKE. Is it the MD who issue dividends Thieves
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