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Kenya Power - what's the latest?
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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VituVingiSana wrote:KPLC lied to prez re: last mile says Standard. CEO is Tarus.
KPC drama in 1.2bn SCADA project. Former CEO Tanui. Current CEO Sang.
I continue to stay far away from from GoK owned, controlled or heavily influenced firms.
My sole exception is KenRe but I watch it carefully. Any sign of funny business and I cut and run.
Safaricom, despite GoK Treasury's 25%, is controlled by Vodafone (40%). That has saved the firm from being a cash cow for connected folks. Thieves, Thieves, Thieves ............ glad i bailed out In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nyinyi ni wale wazuri. We celebrate you, at VVS keep paying cash!! Kenya Power bank is officially commissioned ☺ https://www.esi-africa.c...npaid-electricity-bills/
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Angelica _ann wrote:VituVingiSana wrote:KPLC lied to prez re: last mile says Standard. CEO is Tarus.
KPC drama in 1.2bn SCADA project. Former CEO Tanui. Current CEO Sang.
I continue to stay far away from from GoK owned, controlled or heavily influenced firms.
My sole exception is KenRe but I watch it carefully. Any sign of funny business and I cut and run.
Safaricom, despite GoK Treasury's 25%, is controlled by Vodafone (40%). That has saved the firm from being a cash cow for connected folks. Thieves, Thieves, Thieves ............ glad i bailed out https://www.standardmedi...mile-connection-figures
Then you say Jubilee is not the shitiest govt we have ever had...Na bado... possunt quia posse videntur
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Angelica _ann wrote:VituVingiSana wrote:KPLC lied to prez re: last mile says Standard. CEO is Tarus.
KPC drama in 1.2bn SCADA project. Former CEO Tanui. Current CEO Sang.
I continue to stay far away from from GoK owned, controlled or heavily influenced firms.
My sole exception is KenRe but I watch it carefully. Any sign of funny business and I cut and run.
Safaricom, despite GoK Treasury's 25%, is controlled by Vodafone (40%). That has saved the firm from being a cash cow for connected folks. Thieves, Thieves, Thieves ............ glad i bailed out I did call this a peny stock on fundamentals. Those who are looking to what was is and is to come should know the pay cheque is booked by allien bound for mars. Kplc will in less than three years declare unsurmountable shocks rivalling kqs 2014 or 2015. Do figure or Wait and see how shxt do hit the fan. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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maka wrote:Angelica _ann wrote:VituVingiSana wrote:KPLC lied to prez re: last mile says Standard. CEO is Tarus.
KPC drama in 1.2bn SCADA project. Former CEO Tanui. Current CEO Sang.
I continue to stay far away from from GoK owned, controlled or heavily influenced firms.
My sole exception is KenRe but I watch it carefully. Any sign of funny business and I cut and run.
Safaricom, despite GoK Treasury's 25%, is controlled by Vodafone (40%). That has saved the firm from being a cash cow for connected folks. Thieves, Thieves, Thieves ............ glad i bailed out https://www.standardmedi...mile-connection-figures
Then you say Jubilee is not the shitiest govt we have ever had...Na bado... I wont be shocked if they have inflated majority of the costs of the equipment then siphoned out the difference.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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muandiwambeu wrote:Angelica _ann wrote:VituVingiSana wrote:KPLC lied to prez re: last mile says Standard. CEO is Tarus.
KPC drama in 1.2bn SCADA project. Former CEO Tanui. Current CEO Sang.
I continue to stay far away from from GoK owned, controlled or heavily influenced firms.
My sole exception is KenRe but I watch it carefully. Any sign of funny business and I cut and run.
Safaricom, despite GoK Treasury's 25%, is controlled by Vodafone (40%). That has saved the firm from being a cash cow for connected folks. Thieves, Thieves, Thieves ............ glad i bailed out I did call this a peny stock on fundamentals. Those who are looking to what was is and is to come should know the pay cheque is booked by allien bound for mars. Kplc will in less than three years declare unsurmountable shocks rivalling kqs 2014 or 2015. Do figure or Wait and see how shxt do hit the fan. Reminded me of this story... Kenya Power has taken loans worth Sh105 billion, as it accumulates debt to fund its large infrastructure projects. A breakdown of the loans in its 2016 financial statements shows that the company has been most aggressive in accumulating credit in the last three years, doubling its debt from the Sh53 billion it had at the end of June 2014. The loan uptake has seen interest rates emerge as one of the main risks for the company to watch out for... https://www.standardmedi...-funds-for-mega-projectspossunt quia posse videntur
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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R.E.F.I.N.I.N.A.N.C.I.N.G REFI: US$500mn loan for Kenya power http://www.gtreview.com/...n-loan-for-kenya-power/
@maka open a matress account so you won't have to buy this GoK bonds. Yuk!
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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Isn't this sort of news significant,ie similar to a profit warning such that shareholders shud be informed?
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Chaka wrote:Isn't this sort of news significant,ie similar to a profit warning such that shareholders shud be informed? That was in June 2016, though the spirit of the article lives on. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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I expect this share to charge past kengen if the current nse recovery continues. ...buy...it's within the best price range you can get and among the easiest counters to double ......when the tide comes all garbage is lifted "Don't let the fear of losing be greater than the excitement of winning."
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