@cnn don't miss out on the banks. They are riding on positive feel good factors about the EAC economy, strong profit growth and low valuations.

LOL... Kweli... Kenyans... Want the easy way out! @Pkoli @MV

I bought/buy KK not on short-term moves but the longer-term picture... So you ask why the confidence in KK???

1) Only 530mn to be paid to KPRL if the arbitration goes against them
2) Future payments to KPRL (if KK loses) will be the same as the other spineless industry players
3) KPC is appealing 4bn (or so) arbitration judgement. If KK wins... WINDFALL... and KK might end up owning a chunk of KPC... which has others breathing down its neck too!
4) IMHO, GoK is trying to pressure KK by forcing the KPRL issue as a gambit to force KK to settle with KPC (see 3 above).
5) GoK's NOCK has been beaten by KK even after 'freebies' like cheap loans, GoK/Taxpayer guarantees & 30% of OTS
6) KK is aggressively expanding regionally which will boost profits. Also fighting GoK shows other governments that they will fight not run like cowards.

Short-term traders may be having fun... As a jamaa who buys 'value' this one is a keeper...

BUY at 9.50 today & you will see at least 15/- (incl divs) by Aug 2012...

I like KK... but I have no problem is biwott's shares are taken over by KACC... and moi's crotch needs a good kick...

Come on... even you know that KPRL is inefficient... If given the choice NONE of the Oil Marketers (even NOCK) would use KPRL... It is much 'cheaper' to import the White Oils... Probably even the Black Oils...

BTW, KK has been OK for over 1 month even after KPRL 'refused' to process any more crude for them... KK are smart!

I am confident KK will out-smart the idiots, thieves, nincompoops at GoK, KPRL & ERC...

My order for KK at 9.50 didn't go through yesterday. Hope I can pick them up Monday. Sub 10 is still very good value both for speculators and investors.

I spoke to a lawyer (just a friendly conversation without all details) who said that KK might be able to approach the courts to 'deposit' the KShs 530mn or so... [Or issue an irrevocable Bank Guarantee]

KPRL can then be compelled under a certificate of urgency to allow crude to be processed at the old rates... any 'difference' to be deposited with the courts...

ERC wud have no cause to suspend KK... MoE would also shut up... Then the court/arbitration process would start...

I agree with qw! When you have two evils, you chose the lesser evil. Nani kali kati ya ManU na Arsenali...sorry Kenol Kobil vs ERC/KPRL. Let me explain, Bravado mentality display by KK is finally toning down. Infact they will have to PAY..period. Not because they want to pay but because it is the only option. In as much as KPRL is inefficient, the consequence of hardline stance is grave.. suspended/revoked license is even more worse.

No chance of this baby going below nine. No chance. KK ni 'kichwa ngumu'. It can withstand a heavy barrage of negative press, as has been proven in the recent past

seen this ?
http://www.businessdaily...2/-/1a0k2uz/-/index.html

I would wish to see KK maintain the Bravado..so that we can gauge whether ERC can bite or its a toothless bulldog.