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KenGen HY 2017/2018
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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VyaBureSiachi wrote:Ericsson wrote:One of the worst performing counters this year.
It's down 28.6% since January.
But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?
Glad I got out of this one in good time COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/7/2012 Posts: 11,937
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obiero wrote:VyaBureSiachi wrote:Ericsson wrote:One of the worst performing counters this year.
It's down 28.6% since January.
But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?
Glad I got out of this one in good time
But why, because it is #Tangatanga managed 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: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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Angelica _ann wrote:obiero wrote:VyaBureSiachi wrote:Ericsson wrote:One of the worst performing counters this year.
It's down 28.6% since January.
But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?
Glad I got out of this one in good time
But why, because it is #Tangatanga managed
Too many moving parts. You can't tell when the wheels may fly off COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:VyaBureSiachi wrote:Ericsson wrote:One of the worst performing counters this year.
It's down 28.6% since January.
But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?
Glad I got out of this one in good time
You manage to get out of bad ones in time, except KQ Life is short. Live passionately.
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Rank: New-farer Joined: 1/14/2015 Posts: 16 Location: Ngamia 1
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Decent rebound today ....up 9.68%.
Demand 1.4M+
Supply 0
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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🤒🤒🤒😂, whose is short-circuiting my day here.🐒🐒🐒🦏E-ndungani E_Ntungani. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi
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sparkly wrote:obiero wrote:VyaBureSiachi wrote:Ericsson wrote:One of the worst performing counters this year.
It's down 28.6% since January.
But why though? Don't get me wrong I am happy with the price decline as I plan on gorging myself soon but what's the reason for the fall?
Glad I got out of this one in good time
You manage to get out of bad ones in time, except KQ
KQ revival continues shortly.. This one will be the stock people will never forget. Its not a short term holding. Wait and see COOP, IMH, KEGN, KQ, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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https://www.businessdail...45680-l4ryglz/index.html
Japanese firm Marubeni has won the tender to construct KenGen’s new 83MW geothermal power plant in Naivasha for an undisclosed fee.
The firm said it will partner with Fuji Electric Co Ltd Japan in the project expected to be completed in 2021.
KenGen managing director Rebecca Miano said the project was an extension of the existing Olkaria I units 4 & 5 geothermal power.
“Marubeni Corporation has been awarded a full turn-key engineering, procurement and construction contract from Kenya Electricity Generating Company Limited in relation to the construction of a class geothermal power plant in the Olkaria area of Nakuru County,” said the conglomerate, which has offices in Nairobi.
The plant set to be the sixth power unit of the Olkaria 1 geothermal complex is being financed mainly through a loan provided by Japan International Co-operation Agency (JICA) and European Investment Bank (EIB).
Marubeni said the project will be its first in Africa. The Japanese firm, which is also involved in the wind, solar, hydropower and biomass sectors, has so far installed more than 900MW of geothermal power capacity. In March this year, another Japanese firm Mitsubishi Corporation bagged the tender to construct KenGen’s 140MW Olkaria V geothermal power plant in Naivasha.
Mitsubishi Corporation won the $555 million (Sh57.4 billion) project expected to be completed in 2019. It will work in a three-company consortium with Mitsubishi Hitachi Power Systems and local firm H Young & Co.
The plant is being financed mainly through a loan of ¥45.7 billion (Sh40 billion) provided by the JICA. KenGen has also directed some of the proceeds of its Sh26.5 billion rights issue towards the project.
Toyota Tsusho and KenGen plan feasibility studies for geothermal installations beyond Olkaria. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Tokyo-firm-to-put-up-geothermal-plant/3815534-4745680-l4ryglz/index.html
Japanese firm Marubeni has won the tender to construct KenGen’s new 83MW geothermal power plant in Naivasha for an undisclosed fee.
The firm said it will partner with Fuji Electric Co Ltd Japan in the project expected to be completed in 2021.
KenGen managing director Rebecca Miano said the project was an extension of the existing Olkaria I units 4 & 5 geothermal power.
“Marubeni Corporation has been awarded a full turn-key engineering, procurement and construction contract from Kenya Electricity Generating Company Limited in relation to the construction of a class geothermal power plant in the Olkaria area of Nakuru County,” said the conglomerate, which has offices in Nairobi.
The plant set to be the sixth power unit of the Olkaria 1 geothermal complex is being financed mainly through a loan provided by Japan International Co-operation Agency (JICA) and European Investment Bank (EIB).
Marubeni said the project will be its first in Africa. The Japanese firm, which is also involved in the wind, solar, hydropower and biomass sectors, has so far installed more than 900MW of geothermal power capacity. In March this year, another Japanese firm Mitsubishi Corporation bagged the tender to construct KenGen’s 140MW Olkaria V geothermal power plant in Naivasha.
Mitsubishi Corporation won the $555 million (Sh57.4 billion) project expected to be completed in 2019. It will work in a three-company consortium with Mitsubishi Hitachi Power Systems and local firm H Young & Co.
The plant is being financed mainly through a loan of ¥45.7 billion (Sh40 billion) provided by the JICA. KenGen has also directed some of the proceeds of its Sh26.5 billion rights issue towards the project.
Toyota Tsusho and KenGen plan feasibility studies for geothermal installations beyond Olkaria.
Hapa dividends ni kukauka. Life is short. Live passionately.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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sparkly wrote:Ericsson wrote:https://www.businessdailyafrica.com/markets/marketnews/Tokyo-firm-to-put-up-geothermal-plant/3815534-4745680-l4ryglz/index.html
Japanese firm Marubeni has won the tender to construct KenGen’s new 83MW geothermal power plant in Naivasha for an undisclosed fee.
The firm said it will partner with Fuji Electric Co Ltd Japan in the project expected to be completed in 2021.
KenGen managing director Rebecca Miano said the project was an extension of the existing Olkaria I units 4 & 5 geothermal power.
“Marubeni Corporation has been awarded a full turn-key engineering, procurement and construction contract from Kenya Electricity Generating Company Limited in relation to the construction of a class geothermal power plant in the Olkaria area of Nakuru County,” said the conglomerate, which has offices in Nairobi.
The plant set to be the sixth power unit of the Olkaria 1 geothermal complex is being financed mainly through a loan provided by Japan International Co-operation Agency (JICA) and European Investment Bank (EIB).
Marubeni said the project will be its first in Africa. The Japanese firm, which is also involved in the wind, solar, hydropower and biomass sectors, has so far installed more than 900MW of geothermal power capacity. In March this year, another Japanese firm Mitsubishi Corporation bagged the tender to construct KenGen’s 140MW Olkaria V geothermal power plant in Naivasha.
Mitsubishi Corporation won the $555 million (Sh57.4 billion) project expected to be completed in 2019. It will work in a three-company consortium with Mitsubishi Hitachi Power Systems and local firm H Young & Co.
The plant is being financed mainly through a loan of ¥45.7 billion (Sh40 billion) provided by the JICA. KenGen has also directed some of the proceeds of its Sh26.5 billion rights issue towards the project.
Toyota Tsusho and KenGen plan feasibility studies for geothermal installations beyond Olkaria.
Hapa dividends ni kukauka.
And 2022 pesa inaitjika ya siasa. Hapa kuvumilia sio kukaza kamba pekee, hata kutolewa sackers ✂️✂️✂️ itakuwa pia. ,Behold, a sower went forth to sow;....
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