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KPLC Facing liquidity problems ??
DUNGA
#1 Posted : Thursday, July 09, 2015 9:33:40 PM
Rank: Hello


Joined: 5/31/2015
Posts: 3
Read between the lines.

YE - 30 JUNE 2015

Dividend declared - 16 Feb 2015
Payable date - 29 May 2015
Today's date - 09 July 2015

Dividend cheques remain unpaid to date.

Follow up excuse, we are working on the dispatch.
Gatheuzi
#2 Posted : Friday, July 10, 2015 7:43:11 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
@Jwatesh had noted that perhaps the "big" projects will need lots of cash. Their latest cashflow statement was quite healthy.

jwatesh wrote:
The optimist wrote:
guru267 wrote:
mwekez@ji wrote:
Interim Dividend; Kes. 0.20

Outlook; Positive

smile smile smile


RINK!!!!!



Hope this helps



Wait, they have a positive cashflow and low dividends. Must be big projects coming up

Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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