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KaunganaDoDo		#501 Posted : Tuesday, June 23, 2020 2:58:46 PM
Rank: Member Joined: 8/6/2018 Posts: 299		Ericsson wrote: KaunganaDoDo wrote: Ericsson wrote: sparkly wrote: Angelica _ann wrote: Spokesperson's Office State House, Nairobi Friday, 19th June 2020 Press Statement President Kenyatta nominates Ms Nancy Janet Kabui Gathungu for position of Auditor General His Excellency President Uhuru Kenyatta has nominated Ms Nancy Janet Kabui Gathungu for the position of Auditor General. Ms Gathungu was the first among the top three (3) candidates presented to His Excellency the President for nomination by the Recruitment Panel for the Selection of the Auditor General as set out in law. Consequently, His Excellency the President has forwarded the name of Ms Nancy Janet Kabui Gathungu to the National Assembly for vetting. Kanze Dena Mararo Spokesperson The news has excited the share price today Unnecessary excitement...i highly doubt KENGEN will pay dividend in respect to FY 2018/19...They havent been paid a sinGle cent for their olkaria V 158MW plant since commissioning last october.... 2018/2019 or did you mean 2019/2020 The Accounts waiting AUDIT and DIVIDEND decision is FY 2018/19...2019/2020 is still an uncertain future. KenGen has huge receivables, almost 4B shillings for olkaria V....which is pending since it was NOT included in the current tariff regime..plus Force Majeure declaration by KPLC due to COVID should affect their cash and revenues
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Ericsson		#502 Posted : Wednesday, June 24, 2020 8:05:13 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		KaunganaDoDo wrote: Ericsson wrote: KaunganaDoDo wrote: Ericsson wrote: sparkly wrote: Angelica _ann wrote: Spokesperson's Office State House, Nairobi Friday, 19th June 2020 Press Statement President Kenyatta nominates Ms Nancy Janet Kabui Gathungu for position of Auditor General His Excellency President Uhuru Kenyatta has nominated Ms Nancy Janet Kabui Gathungu for the position of Auditor General. Ms Gathungu was the first among the top three (3) candidates presented to His Excellency the President for nomination by the Recruitment Panel for the Selection of the Auditor General as set out in law. Consequently, His Excellency the President has forwarded the name of Ms Nancy Janet Kabui Gathungu to the National Assembly for vetting. Kanze Dena Mararo Spokesperson The news has excited the share price today Unnecessary excitement...i highly doubt KENGEN will pay dividend in respect to FY 2018/19...They havent been paid a sinGle cent for their olkaria V 158MW plant since commissioning last october.... 2018/2019 or did you mean 2019/2020 The Accounts waiting AUDIT and DIVIDEND decision is FY 2018/19...2019/2020 is still an uncertain future. KenGen has huge receivables, almost 4B shillings for olkaria V....which is pending since it was NOT included in the current tariff regime..plus Force Majeure declaration by KPLC due to COVID should affect their cash and revenues The story is on the headlines of Business Daily today Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#503 Posted : Wednesday, June 24, 2020 11:08:31 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		High of 5.60 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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FUNKY		#504 Posted : Thursday, June 25, 2020 11:12:04 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		https://www.businessdail...83118-12kikt9/index.html
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Ericsson		#505 Posted : Friday, June 26, 2020 12:33:01 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#506 Posted : Friday, June 26, 2020 7:17:14 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. It is called diversification, what next In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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kawi254		#507 Posted : Friday, June 26, 2020 8:49:14 AM
Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi		Angelica _ann wrote: Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. It is called diversification, what next Another Mumias...mara water bottling, now detergent
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sparkly		#508 Posted : Friday, June 26, 2020 9:41:44 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		kawi254 wrote: Angelica _ann wrote: Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. It is called diversification, what next Another Mumias...mara water bottling, now detergent Not forgetting solar panels and beauty spa. It's ridiculous. Life is short. Live passionately.
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AndyC		#509 Posted : Friday, June 26, 2020 10:20:09 AM
Rank: Member Joined: 4/21/2015 Posts: 151		sparkly wrote: kawi254 wrote: Angelica _ann wrote: Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. It is called diversification, what next Another Mumias...mara water bottling, now detergent Not forgetting solar panels and beauty spa. It's ridiculous. The solar panels is related to the core, the spa is making use of a by-product but now detergent hard to see the relation.
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sparkly		#510 Posted : Friday, June 26, 2020 10:38:16 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		AndyC wrote: sparkly wrote: kawi254 wrote: Angelica _ann wrote: Ericsson wrote: FUNKY wrote: https://www.businessdailyafrica.com/corporate/companies/KenGen-targets-new-income/4003102-5583118-12kikt9/index.html Not a viable investment. Management needs to think big and concentrate on the core.There is still alot of untapped energy potential in kenya and in the region and even continent. It is called diversification, what next Another Mumias...mara water bottling, now detergent Not forgetting solar panels and beauty spa. It's ridiculous. The solar panels is related to the core, the spa is making use of a by-product but now detergent hard to see the relation. Byproducts of the geothermal steam production process are water, gases and salts (the reason why the water in the spa feels soapy). The salts can be used to make detergents. Nevertheless, Kengen shouldn't be in the business of making soaps, except as a community CSR project. Life is short. Live passionately.
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