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Kenya Power HY 2019
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KaunganaDoDo
#151 Posted : Tuesday, December 10, 2019 6:24:21 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
Receptor wrote:
Fyatu wrote:
VituVingiSana wrote:
Receptor wrote:
KaunganaDoDo wrote:

You havent seen nothing yet...before you blink,before you wink, it will be 2bob. it will trade chini ya maji for some time


2 bob for Kenya power is a steal
Which will also be stolen from you! The "fundamentals" look compelling but the drama and governance is poor.



It is quite unfortunate that in the year 2019 listed companies are still struggling with corporate governance. I remember in the year 2002 - 2006 Kenya power rallied from 2 bob to 200bob. This one i'd rather watch from outside given Jubilee government record of corruption and daylight robbery. Hata at 1 bob i cannot touch.



The more reason Kenya power is a BUY at kshs. 2.9


And what will it be at 2.3?
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Superprime1
#152 Posted : Wednesday, December 11, 2019 4:55:10 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
KaunganaDoDo wrote:
Receptor wrote:
Fyatu wrote:
VituVingiSana wrote:
Receptor wrote:
KaunganaDoDo wrote:

You havent seen nothing yet...before you blink,before you wink, it will be 2bob. it will trade chini ya maji for some time


2 bob for Kenya power is a steal
Which will also be stolen from you! The "fundamentals" look compelling but the drama and governance is poor.



It is quite unfortunate that in the year 2019 listed companies are still struggling with corporate governance. I remember in the year 2002 - 2006 Kenya power rallied from 2 bob to 200bob. This one i'd rather watch from outside given Jubilee government record of corruption and daylight robbery. Hata at 1 bob i cannot touch.



The more reason Kenya power is a BUY at kshs. 2.9


And what will it be at 2.3?

Touched 2.7 today. Hurtling towards 2.0.
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Ericsson
#153 Posted : Wednesday, December 11, 2019 5:13:51 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.capitalfm.co...-applicants-unsuitable/

The selection process for the Auditor General is set to be advertised afresh after seventeen shortlisted candidates failed to reach the threshold for the final shortlist for appointment, Public Service Commission (PSC) announced Wednesday.

PSC Chairperson Stephen Kirogo told a media briefing the position will be re-advertised adding the commission was committed to ensure the office is held by a person of great character that the public will be proud of.

Sammy Onyango, the chairperson of the selection panel said none of the fifteen men and two women shortlisted met the developed criteria for listing in the final shortlisted for consideration by Parliament before
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Receptor
#154 Posted : Wednesday, December 11, 2019 5:18:53 PM
Rank: Member

Joined: 7/1/2019
Posts: 119
Superprime1 wrote:
KaunganaDoDo wrote:
Receptor wrote:
Fyatu wrote:
VituVingiSana wrote:
Receptor wrote:
KaunganaDoDo wrote:

You havent seen nothing yet...before you blink,before you wink, it will be 2bob. it will trade chini ya maji for some time


2 bob for Kenya power is a steal
Which will also be stolen from you! The "fundamentals" look compelling but the drama and governance is poor.



It is quite unfortunate that in the year 2019 listed companies are still struggling with corporate governance. I remember in the year 2002 - 2006 Kenya power rallied from 2 bob to 200bob. This one i'd rather watch from outside given Jubilee government record of corruption and daylight robbery. Hata at 1 bob i cannot touch.



The more reason Kenya power is a BUY at kshs. 2.9


And what will it be at 2.3?

Touched 2.7 today. Hurtling towards 2.0.


2 bob will value Kenya Power at 3.9 billion. Common sense tells me that Kenya power is worth more that 20 times this
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Extraterrestrial
#155 Posted : Friday, December 20, 2019 8:02:08 AM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
Upon public discovery of Sh10b unrecovered fuel costs present in KPLC's FY17 books, PWC was on the spot for giving an inappropriate opinion.

As a result, PWC increased the testing & scrutiny of receivables & this is why KPLC's earnings have been falling, purely on bad debts.

The arrest of most of the senior management made the audit a "high risk audit" so the amount of substantive testing was increased due to control failure.
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  | | Edit by user: Friday, December 20, 2019 8:03 AM | Reason: Not specified
Ericsson
#156 Posted : Friday, December 27, 2019 9:00:38 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Company will still continue relying on bank overdrafts for the foreseeable future.
And with repeal of interest rates cap law,finance costs will go higher.
Jared Othieno did well in progressively bringing down the bank borrowings
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#157 Posted : Monday, December 30, 2019 5:46:07 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://youtu.be/ZKOSXscFZQA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#158 Posted : Monday, December 30, 2019 7:07:32 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
https://youtu.be/ZKOSXscFZQA




If he starts from their,he will seal a lot of loopholes.
Towards the goal of financial freedom
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Balaa
#159 Posted : Tuesday, December 31, 2019 3:42:20 PM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Ebenyo wrote:
Ericsson wrote:
https://youtu.be/ZKOSXscFZQA




If he starts from their,he will seal a lot of loopholes.

Thought he's a product of the same management that was complicit in the rotSad
If it don't make dollars, it don't make sense
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Extraterrestrial
#160 Posted : Tuesday, January 14, 2020 10:22:45 AM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
When do we expect an Auditor General? This government is very skilled in not giving a flying fish.
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