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Kenya Power HY 2019
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Extraterrestrial wrote:When do we expect an Auditor General? This government is very skilled in not giving a flying fish. March Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Ericsson wrote:Extraterrestrial wrote:When do we expect an Auditor General? This government is very skilled in not giving a flying fish. March With the politics going on, May is feasible. 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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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Angelica _ann wrote:Ericsson wrote:Extraterrestrial wrote:When do we expect an Auditor General? This government is very skilled in not giving a flying fish. March With the politics going on, May is feasible. HY results will be announced towards end of February Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...KbuKOpxMhrUGs8_lvtmU6VAg
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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[quote=Extraterrestrial]KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote] Kplc cannot be affected by this directive. Too big to fail status, crucial service and a monopoly. 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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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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A new broom sweeps clean...(fodder for BD) If it don't make dollars, it don't make sense
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Angelica _ann wrote:Ericsson wrote:Extraterrestrial wrote:When do we expect an Auditor General? This government is very skilled in not giving a flying fish. March With the politics going on, May is feasible. HY results will be announced towards end of February Have FY results been released? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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[quote=Extraterrestrial]KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote] Yattani is talking too much. He needs to tone down a bit and act more Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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Ericsson wrote:[quote=Extraterrestrial]KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote] Yattani is talking too much. He needs to tone down a bit and act more LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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kawi254 wrote:Ericsson wrote:[quote=Extraterrestrial]KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote] Yattani is talking too much. He needs to tone down a bit and act more LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously. Kenya power and Kengen was to be merged? Towards the goal of financial freedom
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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Ebenyo wrote:kawi254 wrote:Ericsson wrote:[quote=Extraterrestrial]KPLC headed the KQ way? "Under the directive to guide Budget preparation for the 2020/21 financial year, Mr Yatani said that the Treasury will review the financial health of all parastatals and corporations for possible folding up, merging or restructuring, pointing to an uncertain future ahead for the entities." https://www.businessdail...buKOpxMhrUGs8_lvtmU6VAg[/quote] Yattani is talking too much. He needs to tone down a bit and act more LOL! A 2013 parastatal reform report is gathering dust. Do not take this Government seriously. Kenya power and Kengen was to be merged? There is no implication of merger but the key word is "restructuring" and possibilities range from debt-to-equity conversion all the way to deeply dilutive events.
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity. February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal What has changed?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity. February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal What has changed? The CEO Check the directors/owners of Kenya’s Kenwind Holdings Limited. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:kawi254 wrote:January 4 2019 --> Kenya Power freeze the signing of new power purchase agreements (PPAs) indefinitely, citing financial constraints and excess capacity. February 6, 2020 --> Kenya Power, Lamu farm sign 20-year wind electricity deal What has changed? The CEO Check the directors/owners of Kenya’s Kenwind Holdings Limited. Go ahead. Tell us. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Queen wrote:This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies. Mama ngina and I as the majority shareholders, we will be having a meeting to discuss the financial health of our investment If Obiero did it, Who Am I?
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Queen wrote:This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies. And the still call themselves a utility company And by the way did they get to launch their garage business If it don't make dollars, it don't make sense
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Balaa wrote:Queen wrote:This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies. And the still call themselves a utility company And by the way did they get to launch their garage business Third year in a row Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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Queen wrote:This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies. another at sea level company... time will tell sooner than later..
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Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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Queen wrote:This dying firm has now issued a profit warning for the financial year ending on 30th June. Covid-19 has become a very convenient excuse for all ailing companies. another at sea level company... time will tell sooner than later..
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