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Rank: Veteran Joined: 5/23/2010 Posts: 868 Location: La Islas Galápagos
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mwekez@ji wrote:Aguytrying wrote:mwekez@ji wrote:@Aguytrying et al, what do you see as the corporate action come year end. Last year they stunned by giving a miniature final dividend of KES 0.10 and controversial 1:8 bonus I've thought about that, actually  thanks for asking. My estimate is 1:10 to 1:8 for the next 2 years. There was Around 600,000 shares un-issued left after 2011 bonus issue. They gave around 300,000 shares last time with the 1:8. So I am estimating 300,000 shares bonus issue per year for two years that this year 2012, and next year 2013. which gives 1:8 to 1:10 I honestly dont think that is a corporate action to look forward to. The bonus will hurt share price. Look at what @young is saying about such action in stanbic uganda. If they raise the paltry final dividend by 100%, one gets KES 0.20 per share which is a mere 1.3% yield at the current price of KES 15.15. I see most wazuans led by @stocksmaster are targeting 10% yield We, or rather I, can there conclude that on matter relating to corporate action, KP scores poorly. What then makes KP 'a buy'? Genghis Capital has rated this company a buy with a target price of KES 22 Weka Rink A bad day fishing is better than a good day at work
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Rank: Member Joined: 10/14/2011 Posts: 661
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StatMeister wrote:mwekez@ji wrote:Aguytrying wrote:mwekez@ji wrote:@Aguytrying et al, what do you see as the corporate action come year end. Last year they stunned by giving a miniature final dividend of KES 0.10 and controversial 1:8 bonus I've thought about that, actually thanks for asking. My estimate is 1:10 to 1:8 for the next 2 years. There was Around 600,000 shares un-issued left after 2011 bonus issue. They gave around 300,000 shares last time with the 1:8. So I am estimating 300,000 shares bonus issue per year for two years that this year 2012, and next year 2013. which gives 1:8 to 1:10 I honestly dont think that is a corporate action to look forward to. The bonus will hurt share price. Look at what @young is saying about such action in stanbic uganda. If they raise the paltry final dividend by 100%, one gets KES 0.20 per share which is a mere 1.3% yield at the current price of KES 15.15. I see most wazuans led by @stocksmaster are targeting 10% yield We, or rather I, can there conclude that on matter relating to corporate action, KP scores poorly. What then makes KP 'a buy'? Genghis Capital has rated this company a buy with a target price of KES 22 Weka Rink Wazua goggle group
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Thiong'o wrote:StatMeister wrote:mwekez@ji wrote:Aguytrying wrote:mwekez@ji wrote:@Aguytrying et al, what do you see as the corporate action come year end. Last year they stunned by giving a miniature final dividend of KES 0.10 and controversial 1:8 bonus I've thought about that, actually thanks for asking. My estimate is 1:10 to 1:8 for the next 2 years. There was Around 600,000 shares un-issued left after 2011 bonus issue. They gave around 300,000 shares last time with the 1:8. So I am estimating 300,000 shares bonus issue per year for two years that this year 2012, and next year 2013. which gives 1:8 to 1:10 I honestly dont think that is a corporate action to look forward to. The bonus will hurt share price. Look at what @young is saying about such action in stanbic uganda. If they raise the paltry final dividend by 100%, one gets KES 0.20 per share which is a mere 1.3% yield at the current price of KES 15.15. I see most wazuans led by @stocksmaster are targeting 10% yield We, or rather I, can there conclude that on matter relating to corporate action, KP scores poorly. What then makes KP 'a buy'? Genghis Capital has rated this company a buy with a target price of KES 22 Weka Rink Wazua goggle group
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Rank: Member Joined: 7/19/2006 Posts: 116 Location: Mombasa
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I did tell people to sell this stock but very many ignored me. @itz I guess you are talking about me! and the latest information being "the end of monopoly" are you aware of this? if yes BEAWARE! Sound that I love most: Is the ringing bell of Stock Market.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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yaserbigchair wrote:I did tell people to sell this stock but very many ignored me.
@itz I guess you are talking about me!
and the latest information being "the end of monopoly" are you aware of this? if yes BEAWARE!
So who is gonna control the business that KP is currently in. You must have advised guys to sell EABL when Keroche appeared!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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yaserbigchair wrote:I did tell people to sell this stock but very many ignored me.
@itz I guess you are talking about me!
and the latest information being "the end of monopoly" are you aware of this? if yes BEAWARE!
Just #@%&€$!!!  Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 7/19/2006 Posts: 116 Location: Mombasa
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@PKoli good joke... but I am taliking sense. Most counties will be run by businessmen and they will fight for this market. For example here in Mombasa, we will surely give Mr. Shahbal the votes to be our Governer, imagine a very wealthy businessman from Banking (where he can get money easily), Energy (ability to produce electricity) and politician (authority to make and amend by-laws) can do with the removal of KPLC monopoly. Personally I am tired with KPLC on pricing. Second note to consider... don't you think Mumias will be ready to sell their electricity to another company at a better price??? @guru... haven't you sell your KPLC??? YET! Otherwise KPLC will anounce a good result and I can buy now but for a very short time. Then pull out forever! Sound that I love most: Is the ringing bell of Stock Market.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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yaserbigchair wrote:@PKoli good joke... but I am taliking sense. Most counties will be run by businessmen and they will fight for this market.
For example here in Mombasa, we will surely give Mr. Shahbal the votes to be our Governer, imagine a very wealthy businessman from Banking (where he can get money easily), Energy (ability to produce electricity) and politician (authority to make and amend by-laws) can do with the removal of KPLC monopoly.
Personally I am tired with KPLC on pricing.
Second note to consider... don't you think Mumias will be ready to sell their electricity to another company at a better price???
@guru... haven't you sell your KPLC??? YET!
Otherwise KPLC will anounce a good result and I can buy now but for a very short time. Then pull out forever! @Yaser, If Shahbal will invest in the generation then he will have his power transmitted by KETRACO and distributed by KPLC. In the supply chain, KP is still the king!
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Rank: Member Joined: 2/20/2007 Posts: 359
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Pkoli,
Am sure that's what they said about Telkom kenya. That it was King. KP is like Telkom.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. Very correct Deal, only problem is our network is too small to be split economically. Eskom has generating capacity of about 35,000 MW against our 1,400 MW. Also, note that in most of the areas KP already has transmission capacity. I agree though, with new energy bill and act, KP will lose out..
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Rank: Member Joined: 2/20/2007 Posts: 359
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the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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slykat wrote:the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders. That is how most markets were liberalized. As we grow our generation capacity and hence distribution, this should be the trend.
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Rank: Elder Joined: 10/11/2006 Posts: 2,304
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slykat wrote:the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders. Some of us didn't laugh. It's true ppl tend to project the present into the future and forget that we are where we are bcoz someone thought out of the box. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Member Joined: 5/19/2012 Posts: 552
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mnandii wrote:slykat wrote:the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders. Some of us didn't laugh. It's true ppl tend to project the present into the future and forget that we are where we are bcoz someone thought out of the box. FYI Transmission is not solely on KETRACO. Kenya Power is both on transmission and distribution. But like you say things aren't so rosy for Kenya Paraffin & Lamps Co. Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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rryyzz wrote:mnandii wrote:slykat wrote:the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders. Some of us didn't laugh. It's true ppl tend to project the present into the future and forget that we are where we are bcoz someone thought out of the box. FYI Transmission is not solely on KETRACO. Kenya Power is both on transmission and distribution. But like you say things aren't so rosy for Kenya Paraffin & Lamps Co. Kenya Power only owns the old transmission system, new ones being constructed will be owned by Ketraco.
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Rank: Member Joined: 5/19/2012 Posts: 552
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PKoli wrote:rryyzz wrote:mnandii wrote:slykat wrote:the deal wrote:FYI: Generation (Kengen)--->Transmission (Kenatraco)--->Distribution (Kenya Power).
In other countries the generation and transmission is handled by one company I.e Eskom of SA. The distribution is left to regions, provinces and independent companies, so counties in Kenya can distribute their own power bought from Kengen & other IPP's cutting out KP in the process. It's the trend. Generation n distribution liberalized. Leaves transmission intact as u said. I would expect TCL to jump on board in distribution n thus create biz for eacb. I raised these possibilities exactly a year ago and was laughed off as a wishful thinker by stake-holders. Some of us didn't laugh. It's true ppl tend to project the present into the future and forget that we are where we are bcoz someone thought out of the box. FYI Transmission is not solely on KETRACO. Kenya Power is both on transmission and distribution. But like you say things aren't so rosy for Kenya Paraffin & Lamps Co. Kenya Power only owns the old transmission system, new ones being constructed will be owned by Ketraco. Partly true.I know they are also putting up their own transmission lines. The transmission business has not fully gone to KETRACO yet. Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@ry..
Any new transmission lines, if KP is putting them up, they are doing it on behalf of Ketraco.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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PKoli wrote:@ry..
Any new transmission lines, if KP is putting them up, they are doing it on behalf of Ketraco. i think this is a lie!! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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guru267 wrote:PKoli wrote:@ry..
Any new transmission lines, if KP is putting them up, they are doing it on behalf of Ketraco. i think this is a lie!! unless you are confusing transmission with distribution; I am correct
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