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Kenya Power HY 2019
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Extraterrestrial
#171 Posted : Monday, January 20, 2020 10:35:57 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
Ebenyo wrote:
kawi254 wrote:
Ericsson wrote:
[quote=Extraterrestrial]KPLC headed the KQ way?

"Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities."

https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote]

Yattani is talking too much.
He needs to tone down a bit and act more


LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously.



Kenya power and Kengen was to be merged?


There is no implication of merger but the key word is "restructuring" and possibilities range from debt-to-equity conversion all the way to deeply dilutive events.
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kawi254
#172 Posted : Thursday, February 06, 2020 8:58:37 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?
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Ericsson
#173 Posted : Thursday, February 06, 2020 9:48:11 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kawi254 wrote:
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?

The CEO
Check the directors/owners of Kenya’s Kenwind Holdings Limited.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Thursday, February 06, 2020 10:10 AM | Reason: Not specified
VituVingiSana
#174 Posted : Friday, February 07, 2020 6:22:03 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Ericsson wrote:
kawi254 wrote:
January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity.

February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal

What has changed?

The CEO
Check the directors/owners of Kenya’s Kenwind Holdings Limited.
Go ahead. Tell us.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Queen
#175 Posted : Tuesday, June 16, 2020 1:45:10 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.
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  | | Edit by user: Tuesday, June 16, 2020 1:55 PM | Reason: Not specified
Swenani
#176 Posted : Tuesday, June 16, 2020 2:28:49 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Queen wrote:
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.


Mama ngina and I as the majority shareholders, we will be having a meeting to discuss the financial health of our investment
If Obiero did it, Who Am I?
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Balaa
#177 Posted : Tuesday, June 16, 2020 3:26:34 PM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Queen wrote:
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.


And the still call themselves a utility company d'oh! And by the way did they get to launch their garage business Laughing out loudly
If it don't make dollars, it don't make sense
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  | | Edit by user: Tuesday, June 16, 2020 3:27 PM | Reason: Not specified
Ericsson
#178 Posted : Tuesday, June 16, 2020 8:04:51 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Balaa wrote:
Queen wrote:
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.


And the still call themselves a utility company d'oh! And by the way did they get to launch their garage business Laughing out loudly


Third year in a row
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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ARAPCHARLEE
#179 Posted : Tuesday, June 16, 2020 10:17:26 PM
Rank: New-farer

Joined: 4/28/2019
Posts: 88
Location: Talai
Queen wrote:
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.


another at sea level company... time will tell sooner than later..
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ARAPCHARLEE
#180 Posted : Tuesday, June 16, 2020 10:30:43 PM
Rank: New-farer

Joined: 4/28/2019
Posts: 88
Location: Talai
Queen wrote:
This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.


another at sea level company... time will tell sooner than later..
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