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KenGen HY 2019
Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Extraterrestrial wrote:As all the top stocks start becoming expensive, as perceived, the cheaper GoK entities should ideally become attractive. Eg. Kengen, Kenya Re, speculative KQ etc. As for KPLC, it may be more difficult since there is a major price dislodgement event ahead. Price controls really make businesses unattractive as seen by the rate cap repeal fueled rally...
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Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi
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Extraterrestrial wrote:Extraterrestrial wrote:As all the top stocks start becoming expensive, as perceived, the cheaper GoK entities should ideally become attractive. Eg. Kengen, Kenya Re, speculative KQ etc. As for KPLC, it may be more difficult since there is a major price dislodgement event ahead. Price controls really make businesses unattractive as seen by the rate cap repeal fueled rally... Lower prices to buy stima?  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: 10,815 Location: NAIROBI
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VituVingiSana wrote:Extraterrestrial wrote:Extraterrestrial wrote:As all the top stocks start becoming expensive, as perceived, the cheaper GoK entities should ideally become attractive. Eg. Kengen, Kenya Re, speculative KQ etc. As for KPLC, it may be more difficult since there is a major price dislodgement event ahead. Price controls really make businesses unattractive as seen by the rate cap repeal fueled rally... Lower prices to buy stima? https://pbs.twimg.com/me...ormat=png&name=smallWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,366 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:Extraterrestrial wrote:Extraterrestrial wrote:As all the top stocks start becoming expensive, as perceived, the cheaper GoK entities should ideally become attractive. Eg. Kengen, Kenya Re, speculative KQ etc. As for KPLC, it may be more difficult since there is a major price dislodgement event ahead. Price controls really make businesses unattractive as seen by the rate cap repeal fueled rally... Lower prices to buy stima? https://pbs.twimg.com/me...rmat=png&name=small A 40 cent dividend looks great as a DY if it can be maintained but KenGen/KPLC isn't my cup of tea. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Kenya’s energy generator, KenGen has signed a Kshs 5.8 Bn deal to drill 12 geothermal wells in Ethiopia and boost the country’s energy needs.In contract with Ethiopia’s independent power producer Tulu Moye Geothermal Operations (TMGO) PLC, KenGen will also provide water supply system and equipment. This is the second project for KenGen in Ethiopia after, it won a contract to drill geothermal wells for the Ethiopian Electric Power (EEP) in Aluto, Ethiopia. https://weetracker.com/2...thermal-energy-projects/
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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[quote=kenyan2019]Kenya’s energy generator, KenGen has signed a Kshs 5.8 Bn deal to drill 12 geothermal wells in Ethiopia and boost the country’s energy needs.In contract with Ethiopia’s independent power producer Tulu Moye Geothermal Operations (TMGO) PLC, KenGen will also provide water supply system and equipment. This is the second project for KenGen in Ethiopia after, it won a contract to drill geothermal wells for the Ethiopian Electric Power (EEP) in Aluto, Ethiopia. https://weetracker.com/2...hermal-energy-projects/[/quote] Stale news  Life is short. Live passionately.
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Rank: Elder Joined: 6/20/2007 Posts: 2,075 Location: Lagos, Nigeria
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watesh wrote:sparkly wrote:young wrote:For Diversification purposes KENGEN is one of the best out of the worst in Non Finance sector .
Others from my point of view for new entrants includes
Safaricom
Scan group
EABL
FAHR REIT
Scan group and FAHR better than Kengen? Are you out of your mind? Scangroup might give out a special dividend if they have nothing to do with that Ksh2.4 billion from the sale of two subsidiaries. They also sitting on a cash pile of ks4.4 billion. They just started finished a full year of proper operations in Nigeria, so its a pretty dope stock for dividends. FAHR should experience a rise in dividends in the coming financial year after the Finance Bill 2019 kicks in. If you bought in when it was trading at 7.20 at around a month ago, you would be looking at a yield of close to 12% despite the challenges they are experiencing with vacancies in some of their properties. Kengen is a great long term play due to stability and guaranteed revenues. However, if you want more return in terms of dividends within the next financial year outside the financial sector, Scangroup and FAHR offer some great opportunities. On point @Watesh on SCANGROUP The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Seems like Genghis' buy recommendation has given a bit of headroom.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Kengen is still trading below it's book value
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Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi
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KenGen seeking a PPP 140MW Olkaria geothermal project on Build Own Operate Transfer (BOOT) basis. Link
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