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KenGen HY 2017/2018
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Angelica _ann
#76 Posted : Sunday, October 21, 2018 10:46:55 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Left this monkey in 2014, what has been the divided payout since?
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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sparkly
#77 Posted : Monday, October 22, 2018 7:07:42 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
Left this monkey in 2014, what has been the divided payout since?


They stopped paying dividend after the Rights issue.

Yaani bondholders have been getting 12.5% tax free while shareholders get lunch packs and umbrellas.
Life is short. Live passionately.
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Ericsson
#78 Posted : Wednesday, October 24, 2018 7:20:50 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Looks like FY results will be out next week at the last day of the month.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Wednesday, October 24, 2018 7:27 AM | Reason: Not specified
tandich
#79 Posted : Wednesday, October 24, 2018 7:52:46 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
sparkly wrote:
Angelica _ann wrote:
Left this monkey in 2014, what has been the divided payout since?


They stopped paying dividend after the Rights issue.

Yaani bondholders have been getting 12.5% tax free while shareholders get lunch packs and umbrellas.


Damned if they pay: compensating tax
Damned if they don't: shareholders cry
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Pesa Nane
#80 Posted : Wednesday, October 24, 2018 10:51:59 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018
Pesa Nane plans to be shilingi when he grows up.
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the deal
#81 Posted : Wednesday, October 24, 2018 12:16:29 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...
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sparkly
#82 Posted : Wednesday, October 24, 2018 3:28:42 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
the deal wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...


7.20 speculators are expecting good news.
Life is short. Live passionately.
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guru267
#83 Posted : Wednesday, October 24, 2018 3:32:11 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...


Other than the GOK factor what does Kengen's performance have to do with Kenya Power considering that the KP's woes have nothing to do with demand.
Mark 12:29
Deuteronomy 4:16
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wukan
#84 Posted : Wednesday, October 24, 2018 3:49:40 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,652
guru267 wrote:
the deal wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...


Other than the GOK factor what does Kengen's performance have to do with Kenya Power considering that the KP's woes have nothing to do with demand.


Kengen annual report risks
Quote:
Single Buyer Model
The Company currently sells all its generated electric energy to a sole customer namely; Kenya Power. This could have an adverse effect on KenGen’s revenues should Kenya Power’s financial health be affected adversely by the macro-economic factors.

Mitigation: The Company continues to collaborate with other stakeholders to ensure the enactment of the Energy Bill into law to allow for the entry of more players in the wholesale and retail electricity market thus giving the Company an option to sell bulk energy to multiple customers. The Energy Bill, if enacted, will also provide for the establishment of an independent system operator to ensure economic merit order of power plant dispatch is strictly followed.
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KaunganaDoDo
#85 Posted : Wednesday, October 24, 2018 4:27:41 PM
Rank: Member

Joined: 8/6/2018
Posts: 299
wukan wrote:
guru267 wrote:
the deal wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...


Other than the GOK factor what does Kengen's performance have to do with Kenya Power considering that the KP's woes have nothing to do with demand.


Kengen annual report risks
Quote:
Single Buyer Model
The Company currently sells all its generated electric energy to a sole customer namely; Kenya Power. This could have an adverse effect on KenGen’s revenues should Kenya Power’s financial health be affected adversely by the macro-economic factors.

Mitigation: The Company continues to collaborate with other stakeholders to ensure the enactment of the Energy Bill into law to allow for the entry of more players in the wholesale and retail electricity market thus giving the Company an option to sell bulk energy to multiple customers. The Energy Bill, if enacted, will also provide for the establishment of an independent system operator to ensure economic merit order of power plant dispatch is strictly followed.


From July 2017 to around February 2018 poor hydrology reduced dispatch from KenGen hydros by over 70%...hydros in the energy mix dropped from 47% to around 18% when Masinga Dam was almost being shut down...Plus KenGen has cashflow problems due to heavy receivables from KPLC...This year was a tough year for KenGen...They have huge cashflow problems arising from KPLC delays in payments
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sparkly
#86 Posted : Thursday, October 25, 2018 8:54:26 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
KaunganaDoDo wrote:
wukan wrote:
guru267 wrote:
the deal wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018

Most likely no good news... KPLC is struggling... KenGen won't be spared...


Other than the GOK factor what does Kengen's performance have to do with Kenya Power considering that the KP's woes have nothing to do with demand.


Kengen annual report risks
Quote:
Single Buyer Model
The Company currently sells all its generated electric energy to a sole customer namely; Kenya Power. This could have an adverse effect on KenGen’s revenues should Kenya Power’s financial health be affected adversely by the macro-economic factors.

Mitigation: The Company continues to collaborate with other stakeholders to ensure the enactment of the Energy Bill into law to allow for the entry of more players in the wholesale and retail electricity market thus giving the Company an option to sell bulk energy to multiple customers. The Energy Bill, if enacted, will also provide for the establishment of an independent system operator to ensure economic merit order of power plant dispatch is strictly followed.


From July 2017 to around February 2018 poor hydrology reduced dispatch from KenGen hydros by over 70%...hydros in the energy mix dropped from 47% to around 18% when Masinga Dam was almost being shut down...Plus KenGen has cashflow problems due to heavy receivables from KPLC...This year was a tough year for KenGen...They have huge cashflow problems arising from KPLC delays in payments


Kengen will still make a healthy profit despite the "challenging operating environment". Not like the usual suapects that blame rate caps, long electioneering, exchange rates, rising fuel costs and other reasons.
Life is short. Live passionately.
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Ericsson
#87 Posted : Thursday, October 25, 2018 4:17:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018


Friday 26 October is hours away,the counter has had a good run of late.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#88 Posted : Thursday, October 25, 2018 4:29:25 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Pesa Nane wrote:
Ericsson wrote:
Looks like FY results will be out next week at the last day of the month.


Tune in Friday 26 October 2018


Friday 26 October is hours away,the counter has had a good run of late.


Now at 7.35. People buying the rumours of a dividend, to sell the news very soon.
Life is short. Live passionately.
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holycow
#89 Posted : Thursday, October 25, 2018 5:50:27 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
Quote:

GetIT411:
NSE-listed firm KenGen ends a two-year drought to issue dividends to shareholders driven by geothermal-led strategy. www.capitalfm.co.ke
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sparkly
#90 Posted : Thursday, October 25, 2018 6:38:58 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
holycow wrote:
Quote:

GetIT411:
NSE-listed firm KenGen ends a two-year drought to issue dividends to shareholders driven by geothermal-led strategy. www.capitalfm.co.ke


Nothing on Capital fm site
Life is short. Live passionately.
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