While all electricity consumers are complaining of huge electricity bills,KPLC shareholders are indeed a very happy lot. After a very long wait,they have announced a whooping 82.7% increase in net profit translating to an extraordinarily un-imaginable EPS of Ksh40.78 (Daily Nation pp 27).

It reminds me of the lectures of Fred Mweni of Academy of Savvy Investors who once said 'Instead of complaining all day and night about huge electricity bills its better to purchase KPLC stock after all you can not do without electricity'. Make no mistake! even the KPLC shareholders pay the huge bills but unlike everyone else they are smiling all the way to the bank.

Wow...Wow....I see my portofolio WILL make me smile now...KPLC is not an NGO...



In the end....nothing really matters!!

KPLC investors must be smiling all the way to the bank,after the firm posted bumper profits in this bear they went on to announce a dividend of Ksh6 per share...books close 26-11-091

The turtle always win the race.

what do esteemed SKerians Think abt the results Directors have recommended a final div of 6 per share,bringing the total div for the year to Sh 8.

Good news for shareholders. may be too late though to jump in the bus...



mesh

This is a sweet one,i had said 120 was cheap for this counter,its time for those of us who saw the opportunity to make their money.

see it through my lens?

KPLC has now gained 11% of it's previous value is its typing error or ama its kawaida....

The turtle always win the race.

Like @cnn asked... did @deal even read the prior posts/comments

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

KQ results out today... not bad... EPS of 1.84 (if 2H is similar) then very low PE. Also hedging gains of 1.9bn before taxes. Oil is at $80 vs $70 on 30 Sep so theoretically,the hedge gains are even higher... 'theoretically' coz I dont know the hedge positions.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB

Gosh! Isn't Kenya an interesting country. KPLC advances case for country wide rationing,reports largest increase in profits by listed company this year,sponsors a blackout of all major towns yesterday,and yet their monopoly continues.

If only these companies were subjected to the same level of scrutiny as telecommunications industry we'd all be in a better place. I must wonder to what extent government really encourages growth of industry - my take is often it just happens then they come in later to 'regulate'

87% of goverment owned redeemable non cumulative preference shares to be converted into ordinary shares.,a rights issue where the goverment will renounce some of its rights and a share split coming up.
I think its a great move which will mean better dividends for shareholders.,but at what price does goverment sell its shares?

see it through my lens?