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Kengen has bolted!
Kausha
#301 Posted : Tuesday, October 15, 2013 11:00:05 AM
Rank: Member


Joined: 2/8/2007
Posts: 808
Unlikely, too much supply overhang at 18. Take your profits now and run. In another day or two you see below 17.
patrazi
#302 Posted : Tuesday, October 29, 2013 5:07:37 PM
Rank: New-farer


Joined: 7/18/2012
Posts: 76
Ericsson wrote:
It was so undervalued.The price is responding to the prevailing P/E.
How can ARM have a bigger market cap than KENGEN which makes more than three times its profit.

I'm told good results in PAT + 86%. DPS 0.60
Ericsson
#303 Posted : Tuesday, October 29, 2013 5:11:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@patrazi;So when are the official results being released
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
cnn
#304 Posted : Tuesday, October 29, 2013 5:17:01 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Ericsson wrote:
@patrazi;So when are the official results being released

Results are posted on the NSE website.
patrazi
#305 Posted : Tuesday, October 29, 2013 5:17:28 PM
Rank: New-farer


Joined: 7/18/2012
Posts: 76
Ericsson wrote:
@patrazi;So when are the official results being released

Already out check @nsekenya.
cnn
#306 Posted : Tuesday, October 29, 2013 5:26:57 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
patrazi wrote:
Ericsson wrote:
It was so undervalued.The price is responding to the prevailing P/E.
How can ARM have a bigger market cap than KENGEN which makes more than three times its profit.

I'm told good results in PAT + 86%. DPS 0.60

PBT up 1.2%,the 86% PAT due to a tax credit on capital allowances.
VituVingiSana
#307 Posted : Tuesday, October 29, 2013 10:44:32 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,124
Location: Nairobi
It's good to have tax credits which reduce the cash outflow to GoK & enables KenGen to pay off debt or increase investments. Of course, these would stop at some point but they should continue for 2-3 more years as investments in geo-thermal is ramped up.

I doubt KenGen will substantially increase the dividend payout since the cash/tax saved is needed elsewhere.

On a long-term perspective, the investments will increase power/energy for sale.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#308 Posted : Tuesday, October 29, 2013 11:02:39 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,124
Location: Nairobi
Corruption or favoritism at KenGen?

http://www.businessdaily.../-/128cqp6z/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
georgegop
#309 Posted : Saturday, December 21, 2013 1:45:43 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
KenGen shareholders approve Sh30bn cash call
Don't Work for Money, Let Money Work for You..
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