They always come short of their targets, read this http://www.kplc.co.ke/fi...13_Detailed_Version.pdf[/quote]

I respect the way you discuss. I've seen their projections and actual results.

In light of this, i still see an investment case, because even as it is the company is undervalued.
The new tarrifs should increase earnings (maybe not according to their projections). I see opportunity here if the market sells of KPLC due to poor earnings this fy year.

@aguy...been ranting about this, while @deal and co want to slit my throat. I just think it's outright stupid for government to make it KPLC's oh sorry consumers responsibility to regenerate the grid! Either government sets up a sinking fund or grants KPLC some MoE budget to regenerate the grid or alternatively make it Ketraco's work.

Again enter Exim bank of China and more no minimal economic effects for Kenya. For those who have experience with Exim banks esp the chinese one we know very well even the 'sululu' that digs the trench to bury the cable will come from china. The only thing we will provide will be MANUAL labor. If it was a government funded project, EA Cables and other domestic cable companies would have a great opportunity to grow their businesses and create jobs. Meanwhile our young and upcoming engineers would have a first crack at the jobs in these project. However now we expect Li Xiang or Wing Wong to do this job working for China 'hauwui' while we consumers will repay the loans! Sad day for Kenya. We need to regenerate the grid but not with Chinese loans!

http://www.businessdaily...2/-/2mmtqd/-/index.html

I like this



How low can this ship sink, i might just get some...is 14 feasible?

http://www.businessdailyafrica....62/-/2mmtqd/-/index.html

The folks are really mean, no interim dividend.

KQ

this counter was below ksh 14 now iko above Ksh 15 kwani iko kitu kwa vitabu...last year the results were released in october

Kenya Power Gains in Longest Rally Since March: Nairobi Mover

Kenya Power Ltd., the East African nation’s sole electricity distributor, recorded its longest win streak in six months as investors looked for a haven amid concern that a tax increase will dent other companies’ profit.

The stock climbed 2.4 percent to 15 shillings by the close in Nairobi, a fourth day of gains and the highest level since June 21. About 2 times the three-month average volume of shares were traded.

Kenya’s expanded value-added tax came into effect on Sept. 2, broadening the range of goods the tariff is imposed on at a standardized rate of 16 percent. Kenya Power is the second-best performer this month on the FTSE NSE Kenya 25 Share Index. Kenya Electricity Generating Corp., known as KenGen, has rallied 6 days to a gain of 4 percent this month.

“In the case of Kenya Power and KenGen those are utilities and so people need their services,” Eric Munywoki, a research analyst at Nairobi-based Old Mutual Securities Ltd., said in a phone interview today. “Consumer companies will experience an adverse effect because incomes remain at the same level and consumers’ purchasing power is eroded.”

Kenya’s 25-Share Index rose 26 percent this year, with KenGen the second-best performer, adding 90 percent. Kenya Power has dropped 12 percent since the start of the year.

faida ni lazima hapa. waona ikipanda na asilimia ngapi juu ya mwaka uliopita

American firm General Electric will invest KES8.70Billion in Kenyan electricity Sector.

http://www.businessdaily.../-/990jlwz/-/index.html

Kwani what happened to choices and consequences?