wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

31 Pages«<2324252627>»
Kengen has bolted!
Options
Previous Topic · Next Topic
Aguytrying
#241 Posted : Friday, May 10, 2013 12:33:50 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@mkono. they appetite for large debt is why I sold first kplc then kengen . too aggresive and for what? I wasn't comf with that debt as a shareholder. despite the rosy outlook
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
murchr
#242 Posted : Friday, May 10, 2013 3:12:54 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
mkonomtupu wrote:
hisah wrote:
The Kengen vs KPLC play i.e buy kengen, sell kplc has just been rubberstamped. KPLC has been thrown under the bus. It faces too much political barriers.

http://www.businessdaily...-/1517y40z/-/index.html



On the power tariffs Kengen and KPLc are joined at the hip. By throwing KPLC under the bus kengen will also come out bruised. The key reason for the power tariffs review was because kplc had entered into contracts to buy power from new projects kengen and IPPs. Now if your sole purchaser cannot buy the power you are producing at a good bargain how then do you attract capital to your projects. Turkana wind project is 74 billion, the proposed coal gas plant by kengen would come to 600million $ around 50billion.

The only way to fund this capital intensive projects would be for kengen to continue soaking debt and that would hurt the equity. Shareholders would come out worse as @Kausha keeps saying. With that in mind I have placed an order to sell all my Kengen shares take out my 90% capital gains (I sold out a major portion @ 16.05 after I heard the new Enery secretary Chirchir speak in Statehouse). I will now set up a helpline like Buffet with airline stocks every time I want to invest in GoK parastatals I will call them and they talk me down.

"Every hand is a winner, every hand is a loser"

I follow the money and it has been flowing into kengen.


KPLC will ALWAYS buy ALL the power that KENGEN produces, keep that in mind
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
Ericsson
#243 Posted : Monday, May 13, 2013 11:21:37 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Deputy President Ruto should now crack the whip on ERC on the formula used to calculate petrol prices and KPRL.
Efficiency in these two organisations will be key to lowering the cost of fuel and ultimately the cost of living and doing business
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
jerry
#244 Posted : Monday, May 13, 2013 12:01:07 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Ericsson wrote:
Deputy President Ruto should now crack the whip on ERC on the formula used to calculate petrol prices and KPRL.
Efficiency in these two organisations will be key to lowering the cost of fuel and ultimately the cost of living and doing business

Can someone calculate the Billions going to IPPs using this link http://rayofsolaris.net/misc/kenya-electricity/
and other relevant sources?

Note: to see the graphs use Google chrome or Fox!
The opposite of courage is not cowardice, it's conformity.
Back to top
  | | Edit by user: Monday, May 13, 2013 12:03 PM | Reason: Not specified
the deal
#245 Posted : Wednesday, May 15, 2013 10:09:08 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
BOLT BABY BOLT!!!!
Back to top
  |
murchr
#246 Posted : Friday, May 17, 2013 4:13:36 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Kenya Electricity Generating Company raises Olkaria geothermal plant's potential to 350 MW from 280 MW

http://www.standardmedia...nt-s-potential-to-350-mw
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
hisah
#247 Posted : Friday, May 17, 2013 7:31:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
Kenya Electricity Generating Company raises Olkaria geothermal plant's potential to 350 MW from 280 MW

http://www.standardmedia...t-s-potential-to-350-mw


Trade still remains long kengen, short kplc yaani buy kengen, sell kplc. Kengen will remain a monopoly longer than kplc. This is why it's easier for it to be thrown under the bus. Next political deals on power transmission will crop up. Just follow the money...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Friday, May 17, 2013 7:32 AM | Reason: Not specified
murchr
#248 Posted : Saturday, May 18, 2013 2:47:57 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Here is the future http://www.youtube.com/watch?v=KZWUaCijW6A
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
murchr
#249 Posted : Monday, June 03, 2013 5:35:58 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
MANUFACTURERS want to buy power directly from generating companies to avoid unnecessary costs charged by Kenya Power in a bid to reduce their energy expenses.

Speaking on Friday evening during the Energy Awards held in Nairobi, Kenya Association of Manufacturers chairman Polycarp Igathe said inefficiencies in the country's distribution system make manufacturers pay higher energy costs which would be avoided in a competitive environment.

http://www.the-star.co.k...rs-want-pass-kenya-power
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
hisah
#250 Posted : Monday, June 03, 2013 5:51:12 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
MANUFACTURERS want to buy power directly from generating companies to avoid unnecessary costs charged by Kenya Power in a bid to reduce their energy expenses.

Speaking on Friday evening during the Energy Awards held in Nairobi, Kenya Association of Manufacturers chairman Polycarp Igathe said inefficiencies in the country's distribution system make manufacturers pay higher energy costs which would be avoided in a competitive environment.

http://www.the-star.co.k...s-want-pass-kenya-power

The politricks continues...

Short KPLC, long Kengen still in play.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
31 Pages«<2324252627>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.