the deal wrote:@Mzee VVS have u ever thought maybe one of this days the pumps will run dry @ KK....
Maybe... lakini, if that is what I worried about then I would not be buying more shares!
In simple terms, I believe KK is right... I do NOT trust the GoK nor MoE nor KPC nor ERC... Why?
These firms/entities are run/controlled by corrupt individuals... Look at the MASSIVE scam involving Triton... KPC will be held responsible... and who owns KPC? The GoK (aka @VVS the Taxpayer)... There are other scams including Gulf Energy (triton's successor) & NOCK...
IMHO, KK has almost 4bn in the bag [it may be reduced by Court of Appeal] from KPC...
If KK loses the case against KPRL... KK pays 600mn (& future higher charges)... If KK wins the counter-claim it could means KES 2bn...
I like my odds!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett