Wazua
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Kenya Power FY 2017/2018
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. Sawa Mr Chairman,we are waiting for your announcement Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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KaunganaDoDo the Kenya power future predictor; https://www.standardmedi...kenya-power-to-pay-dues
An American electricity supplier has complained about delayed payments from Kenya Power. Ormat Technologies, which operates five geothermal plants in Nakuru through subsidiaries - OrPower and Menengai - cited inconsistencies in bill settlement for power sales since last year. However, Kenya Power yesterday denied that it had trouble paying up, saying that the settlement of the amount due for power generators is usually the first charge even before its staff's salaries are paid. “We have never had any problems with any of the generators, not even the biggest one, KenGen, in terms of paying for electricity supplied,” Communication Manager Johnstone ole Turana said. He added that it was “highly unlikely” that any power generator had any claims on past dues. The American firm said that although it was convinced that Kenya Power was unlikely to default altogether, failure to pay on time signalled trouble for any business. “We have historically been able to collect on substantially all our receivable balances. Recently, we have been receiving late payments from KPLC in Kenya related to our Olkaria Complex,” said the firm in a caution to shareholders. It did not indicate how much it was owed. Your opinion is valuable. Take this quick survey to help us improve the website and content Last year, OrPower sold electricity worth nearly Sh12 billion to Kenya Power for 1,172 units generated from geothermal wells in Naivasha. “As we believe we will be able to collect all past due amounts, no provision for doubtful accounts has been recorded,” Ormat Technologies, which is also fighting a Sh1.7 billion tax claim against the Kenya Revenue Authority, added. The latest development should worry consumers and investors in the power utility firm, coming only weeks after a string of missteps, including a delay in announcing its operating results for the year that ended on June 30. Among the reasons given was the disruption at the management level due to the suspension of several of the firm's top executives. The firm has sought more time to prepare the financial books but also cautioned shareholders that profits would plunge by at least Sh1.8 billion. In 2016, the firm reported Sh7.5 billion profit. Several of its managers are facing criminal charges in connection with fraud in the procurement and acquisition of faulty equipment. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:KaunganaDoDo the Kenya power future predictor; https://www.standardmedi...kenya-power-to-pay-dues
An American electricity supplier has complained about delayed payments from Kenya Power. Ormat Technologies, which operates five geothermal plants in Nakuru through subsidiaries - OrPower and Menengai - cited inconsistencies in bill settlement for power sales since last year. However, Kenya Power yesterday denied that it had trouble paying up, saying that the settlement of the amount due for power generators is usually the first charge even before its staff's salaries are paid. “We have never had any problems with any of the generators, not even the biggest one, KenGen, in terms of paying for electricity supplied,” Communication Manager Johnstone ole Turana said. He added that it was “highly unlikely” that any power generator had any claims on past dues. The American firm said that although it was convinced that Kenya Power was unlikely to default altogether, failure to pay on time signalled trouble for any business. “We have historically been able to collect on substantially all our receivable balances. Recently, we have been receiving late payments from KPLC in Kenya related to our Olkaria Complex,” said the firm in a caution to shareholders. It did not indicate how much it was owed. Your opinion is valuable. Take this quick survey to help us improve the website and content Last year, OrPower sold electricity worth nearly Sh12 billion to Kenya Power for 1,172 units generated from geothermal wells in Naivasha. “As we believe we will be able to collect all past due amounts, no provision for doubtful accounts has been recorded,” Ormat Technologies, which is also fighting a Sh1.7 billion tax claim against the Kenya Revenue Authority, added. The latest development should worry consumers and investors in the power utility firm, coming only weeks after a string of missteps, including a delay in announcing its operating results for the year that ended on June 30. Among the reasons given was the disruption at the management level due to the suspension of several of the firm's top executives. The firm has sought more time to prepare the financial books but also cautioned shareholders that profits would plunge by at least Sh1.8 billion. In 2016, the firm reported Sh7.5 billion profit. Several of its managers are facing criminal charges in connection with fraud in the procurement and acquisition of faulty equipment. ORMAT is saying the truth, there has been substantive delay. i think the problem was affecting most generators. but what i know is that they rank first, before even KenGen in priority list of payment. It is not the first time they are making this noise, normally they get audience with WB ...They have 139 MW plants in Olkaria area, plus a proposed 35MW in Menengai , NAKURU...
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo the Kenya power future predictor; https://www.standardmedi...kenya-power-to-pay-dues
An American electricity supplier has complained about delayed payments from Kenya Power. Ormat Technologies, which operates five geothermal plants in Nakuru through subsidiaries - OrPower and Menengai - cited inconsistencies in bill settlement for power sales since last year. However, Kenya Power yesterday denied that it had trouble paying up, saying that the settlement of the amount due for power generators is usually the first charge even before its staff's salaries are paid. “We have never had any problems with any of the generators, not even the biggest one, KenGen, in terms of paying for electricity supplied,” Communication Manager Johnstone ole Turana said. He added that it was “highly unlikely” that any power generator had any claims on past dues. The American firm said that although it was convinced that Kenya Power was unlikely to default altogether, failure to pay on time signalled trouble for any business. “We have historically been able to collect on substantially all our receivable balances. Recently, we have been receiving late payments from KPLC in Kenya related to our Olkaria Complex,” said the firm in a caution to shareholders. It did not indicate how much it was owed. Your opinion is valuable. Take this quick survey to help us improve the website and content Last year, OrPower sold electricity worth nearly Sh12 billion to Kenya Power for 1,172 units generated from geothermal wells in Naivasha. “As we believe we will be able to collect all past due amounts, no provision for doubtful accounts has been recorded,” Ormat Technologies, which is also fighting a Sh1.7 billion tax claim against the Kenya Revenue Authority, added. The latest development should worry consumers and investors in the power utility firm, coming only weeks after a string of missteps, including a delay in announcing its operating results for the year that ended on June 30. Among the reasons given was the disruption at the management level due to the suspension of several of the firm's top executives. The firm has sought more time to prepare the financial books but also cautioned shareholders that profits would plunge by at least Sh1.8 billion. In 2016, the firm reported Sh7.5 billion profit. Several of its managers are facing criminal charges in connection with fraud in the procurement and acquisition of faulty equipment. ORMAT is saying the truth, there has been substantive delay. i think the problem was affecting most generators. but what i know is that they rank first, before even KenGen in priority list of payment. It is not the first time they are making this noise, normally they get audience with WB ...They have 139 MW plants in Olkaria area, plus a proposed 35MW in Menengai , NAKURU... What type of open lies are these yet the financial statements of KENGEN clearly showed delayed payments by KPLC. Crooked Kenyans. 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: Member Joined: 8/29/2008 Posts: 571
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Angelica _ann wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo the Kenya power future predictor; https://www.standardmedi...kenya-power-to-pay-dues
An American electricity supplier has complained about delayed payments from Kenya Power. Ormat Technologies, which operates five geothermal plants in Nakuru through subsidiaries - OrPower and Menengai - cited inconsistencies in bill settlement for power sales since last year. However, Kenya Power yesterday denied that it had trouble paying up, saying that the settlement of the amount due for power generators is usually the first charge even before its staff's salaries are paid. “We have never had any problems with any of the generators, not even the biggest one, KenGen, in terms of paying for electricity supplied,” Communication Manager Johnstone ole Turana said. He added that it was “highly unlikely” that any power generator had any claims on past dues. The American firm said that although it was convinced that Kenya Power was unlikely to default altogether, failure to pay on time signalled trouble for any business. “We have historically been able to collect on substantially all our receivable balances. Recently, we have been receiving late payments from KPLC in Kenya related to our Olkaria Complex,” said the firm in a caution to shareholders. It did not indicate how much it was owed. Your opinion is valuable. Take this quick survey to help us improve the website and content Last year, OrPower sold electricity worth nearly Sh12 billion to Kenya Power for 1,172 units generated from geothermal wells in Naivasha. “As we believe we will be able to collect all past due amounts, no provision for doubtful accounts has been recorded,” Ormat Technologies, which is also fighting a Sh1.7 billion tax claim against the Kenya Revenue Authority, added. The latest development should worry consumers and investors in the power utility firm, coming only weeks after a string of missteps, including a delay in announcing its operating results for the year that ended on June 30. Among the reasons given was the disruption at the management level due to the suspension of several of the firm's top executives. The firm has sought more time to prepare the financial books but also cautioned shareholders that profits would plunge by at least Sh1.8 billion. In 2016, the firm reported Sh7.5 billion profit. Several of its managers are facing criminal charges in connection with fraud in the procurement and acquisition of faulty equipment. ORMAT is saying the truth, there has been substantive delay. i think the problem was affecting most generators. but what i know is that they rank first, before even KenGen in priority list of payment. It is not the first time they are making this noise, normally they get audience with WB ...They have 139 MW plants in Olkaria area, plus a proposed 35MW in Menengai , NAKURU... What type of open lies are these yet the financial statements of KENGEN clearly showed delayed payments by KPLC. Crooked Kenyans. Which kenyan company (private or public)or government agency pays on time?Its in kenyan DNA to delay payments so that when the directors look at the bank statements,they smile.
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness  And they provide lighting!!! 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: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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A reliable source tells me that since Tarrus and other maombi/sadaka affiliated managers were suspended, there has been a systematic sabotage of Kenya power services to make the new MD. Mr. Othieno look incompetent. Specifically, lately there have been numerous blackouts in small county towns of Kenya.This is quite abnormal given that Kenyans have been enjoying relatively stable supply in the past few years Dumb money becomes dumb only when it listens to smart money
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. I think I mentioned this to you when you first joined. It's a tough lesson. I learned it years ago. Do note I have KenRe and I  that Looto doesn't get his hands on it BUT there is no guarantee. I am ready and willing to take a loss and close the chapter come 2022. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. Is it one of the reasons NSE is on near free fall?
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Rank: Member Joined: 8/6/2018 Posts: 299
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limanika wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. Is it one of the reasons NSE is on near free fall? You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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KaunganaDoDo wrote:limanika wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. Is it one of the reasons NSE is on near free fall? You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level. I am sure it will not drop below ZERO Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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The MD is out of the country for two weeks. This guys will announce results on the last day of November Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:The MD is out of the country for two weeks.
This guys will announce results on the last day of November Am told he is coming back Saturday 17Th . Monday 19 and Tuesday 20 should be the days, if everything is agreed upon between PWC,A-G and The KPLC Board
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Rank: Member Joined: 5/2/2018 Posts: 267
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VituVingiSana wrote:KaunganaDoDo wrote:limanika wrote:Ebenyo wrote:Angelica _ann wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:KaunganaDoDo wrote:Ebenyo wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Superprime1 wrote:@KaunganaDoDo and @kawi254, do you see this counter testing 3bob? It will, for sure as the sun will shine tomorrow, it will. The full year will be tooo baaaaaad. Sub four is a must Results will be released saa ngapi Before 15th I should think so Dividend.....0.50 per share.... Hahahahaha...Dividend hadi 2023...The company is both profit and cash constrained. Plus they will need to pay 6B in December for the Stan Chart 50B syndicated loan they took in 2016. Maturity has come. These sort of loans are often renewed and their Baba Bailout is always there to help out. All said and done, it remains tough for KPLC. The new management should go for a Big Bath accounting move to clean up the books and give themselves a cushion to make themselves look good in the future. Baba Bailout is also looking for a bailout for himself SGR loan messed him Baba Bailout will get the money he seeks but the Watoto (& their kids) shall pay the price in the future. "The harvest is finished, and the summer is gone," the people cry, "yet we are not saved!" This should be the week, hopefully to be saved. Time is over. The salvation i want is kshs 0.50 dividend. How do you pay a dividend on Negative cash-balance of over 9B...When PBT is swinging between 0 and 2.5 B, Depending on whether it is daytime or night darkness And they provide lighting!!! its very sad that this is the epitome of mismanagement style of uhuruto.What happens after 2022 when hustler takes full charge,is a good guess for all of us.It will be better to flee from GOK controlled firms. Is it one of the reasons NSE is on near free fall? You haven't seen nothing yet. When FY numbers are out, 3 bob will be the resistance levels... Nobody knows what will be the support level. I am sure it will not drop below ZERO Anything close to zero would be more than welcome. 
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Considering I bought ARM at sub-5, I should consider buying some KPLC at 1/- GoK will have to bail out KPLC but what does that mean for existing KPLC shareholders? A 1% shareholder could easily become a 0.25% shareholder if GoK advances a loan to KPLC and subsequently does a Debt to Equity Conversion based on the current price. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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VituVingiSana wrote:Considering I bought ARM at sub-5, I should consider buying some KPLC at 1/- GoK will have to bail out KPLC but what does that mean for existing KPLC shareholders? A 1% shareholder could easily become a 0.25% shareholder if GoK advances a loan to KPLC and subsequently does a Debt to Equity Conversion based on the current price. Highly unlikely the above scenario.Only possibility is GoK converts some of the on-lent loan to Kenya power to equity. For now GoK is supporting Kenya Power through tariff adjustments Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.
Meanwhile UK should be commissioning the 300MW LTWP and REA GARISSA SOLAR 50MW ON TUESDAY OR THEREABOUT next week. The turbines are running like they are on steroids
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