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KenGen HY 2017/2018
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sparkly
#21 Posted : Saturday, May 05, 2018 2:17:13 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kawi254 wrote:
sparkly wrote:
Ericsson wrote:
PIC has increased its Shareholding to 13%
Good news for shareholders. GOK should sell more of their stake to institutional investors to unlock the value of the counter.
With 13% they deserve a board sit and hopefully they will get someone professional.
So long as it's not a South African. They are yet to fully appreciate the Kenyan market.
Life is short. Live passionately.
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Chaka
#22 Posted : Saturday, May 05, 2018 3:46:18 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
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sparkly
#23 Posted : Sunday, May 06, 2018 8:42:14 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Chaka wrote:
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
It is.
Life is short. Live passionately.
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Chaka
#24 Posted : Sunday, May 06, 2018 8:59:07 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Now,the next question would be whether NSSF pulls these sort of moves?
sparkly wrote:
Chaka wrote:
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
It is.
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kawi254
#25 Posted : Sunday, May 06, 2018 4:00:38 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
sparkly wrote:
Chaka wrote:
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
It is.
PIC is the investment arm of GEPF(Goverment Employee Pension Fund) so not quite like NSSF
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Ericsson
#26 Posted : Sunday, May 06, 2018 7:52:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
kawi254 wrote:
sparkly wrote:
Chaka wrote:
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
It is.
PIC is the investment arm of GEPF(Goverment Employee Pension Fund) so not quite like NSSF
PIC assets base is bigger than south africa GDP.
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Fyatu
#27 Posted : Monday, May 07, 2018 11:45:58 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,822
Location: Nakuru
Chaka wrote:
Is KE's NSSF similar to PIC?
Ericsson wrote:
PIC has increased its Shareholding to 13%
NO. KE's NSSF is a cash cow for Uhuru, Mashamba,Atwoli,their rela-thieves and cronies. In Tanzania and Uganda, the NSSF announces publicly the interest earned by workers deposits on a yearly basis.Infact, that announcement is anticipated by workers, the way we anticipate KCSE results here in KE. Hapa Kenya most contributors don't know what percentage of interest their contributions earned last year leave alone years gone by. In other news, another Uhuru-mashamba cashcow KPC is set to bleed 4.4 billions. Management led by one Mr. Sang says that it can confortably pay such a "small" amount based on 9.4 billion profit made last year. John Ngumi has resisted this outright plunder and the management has written to someone above for intervention. Mnataka tufanye nini jameni? d'oh! d'oh!
Dumb money becomes dumb only when it listens to smart money
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Ericsson
#28 Posted : Friday, May 11, 2018 4:30:31 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
https://www.businessdail...55950-5oagvez/index.html "Treasury estimates of expected investment income from State corporations, government agencies and other organisations published on April 26 show that the telco was projected to contribute Sh15 billion in dividends in the next fiscal year. KCB and KenGen are expected to contribute Sh2 billion and Sh1 billion respectively in dividends to the exchequer, the document shows. The projected Sh1 billion income from KenGen suggests that the Treasury expects the power generator to return to paying dividends in the year ending this June, having held shareholders to a two-year dividend drought. The government is the majority shareholder in KenGen with a stake of 70 per cent, equivalent to 4.62 billion shares, meaning that for the Treasury to achieve the Sh1 billion dividend target the company would need to pay out at least 21 cents per share to shareholders."
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson
#29 Posted : Wednesday, May 16, 2018 9:15:49 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
https://www.businessdail...563610-6ie0ta/index.html Mr Keter said hydro and geothermal power now account for about 90 per cent of the power being fed into the grid, from 69.34 per cent in February.
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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mlennyma
#30 Posted : Wednesday, May 16, 2018 10:28:42 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Water-levels-in-hydro-dams-at-3year-high/3946234-4563610-6ie0ta/index.html Mr Keter said hydro and geothermal power now account for about 90 per cent of the power being fed into the grid, from 69.34 per cent in February.
All dams full to maximum capacity, a warning has been issued to those living downstream masinga to be alert kengen might offload some excess water.good year for kengen
"Don't let the fear of losing be greater than the excitement of winning."
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