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VituVingiSana
#861 Posted : Thursday, October 07, 2010 9:37:52 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
Honestly... I am totally CONFUSED...

Check the stories:

Business Daily on 7th Oct 2010: http://www.businessdaily.../-/ilpw97z/-/index.html

Business Daily on 8th Oct 2010: http://www.businessdaily...8/-/qfpbi1/-/index.html

Aren't these 2 stories contradictory???

I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#862 Posted : Thursday, October 07, 2010 9:59:11 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
guru, kwani where did the UNGA money go?smile

I've put it all in Kakuzi at 81bob.. That money was strictly for agriculturals....
Mark 12:29
Deuteronomy 4:16
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BGL
#863 Posted : Thursday, October 07, 2010 11:12:22 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
VituVingiSana wrote:
Honestly... I am totally CONFUSED...

Check the stories:

Business Daily on 7th Oct 2010: http://www.businessdaily.../-/ilpw97z/-/index.html

Business Daily on 8th Oct 2010: http://www.businessdaily...8/-/qfpbi1/-/index.html

Aren't these 2 stories contradictory???

I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...


Spin doctors are paid to create CONFUSION!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Afroblk
#864 Posted : Thursday, October 07, 2010 11:29:27 PM
Rank: New-farer


Joined: 3/3/2010
Posts: 79
Ya'll read too much, just stick to the fundamentals and you'll do great!
Knowledge is contagious...Infect truth!
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guru267
#865 Posted : Friday, October 08, 2010 3:49:23 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Afroblk wrote:
Ya'll read too much, just stick to the fundamentals and you'll do great!

@afro fundamentals are ALWAYS backed by information on a counter....

One can't ignore either
Mark 12:29
Deuteronomy 4:16
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guru267
#866 Posted : Friday, October 08, 2010 4:05:28 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
Honestly... I am totally CONFUSED...

Check the stories:

Business Daily on 7th Oct 2010: http://www.businessdaily.../-/ilpw97z/-/index.html

Business Daily on 8th Oct 2010: http://www.businessdaily...8/-/qfpbi1/-/index.html

Aren't these 2 stories contradictory???

I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...

@VVS i don't know what your talking about...

The two stories are just different and not contradictory because the judges who made the two decisions are also different
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#867 Posted : Friday, October 08, 2010 10:49:28 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
guru267 wrote:
VituVingiSana wrote:
Honestly... I am totally CONFUSED...

Check the stories:

Business Daily on 7th Oct 2010: http://www.businessdaily.../-/ilpw97z/-/index.html

Business Daily on 8th Oct 2010: http://www.businessdaily...8/-/qfpbi1/-/index.html

Aren't these 2 stories contradictory???

I don't give much credence to the business reporting in Kenya but I jumped the gun here! I will wait for KK's take on this...

@VVS i don't know what your talking about...

The two stories are just different and not contradictory because the judges who made the two decisions are also different
Neither do I know what you are talking about... Please read both stories again... If the judges being referred to are different [as concerns the specific ruling & appeal] please show me where it says so...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#868 Posted : Friday, October 08, 2010 1:22:37 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I think the worst is over for this stock...i believe the only way now is up at 9.95 it looks like a good buy...this stock might come into play by next year January..
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Elder
#869 Posted : Friday, October 08, 2010 2:34:56 PM
Rank: Elder


Joined: 9/7/2010
Posts: 2,148
Location: elderville
From what I read in the Nation which make more sense KPC has an appeal in the High Court against the arbitration award. KK then made an application for the appeal to be dismissed. That application was itself refused/dismissed. They then made a second application again to dismiss the appeal. That second application is the latest one and was dismissed by the second Judge for res judicata. Which means that KPC's appeal is still live and shall be heard.
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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VituVingiSana
#870 Posted : Friday, October 08, 2010 6:20:07 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
@Elder - Could be. It's just the stories had the Judge # 2 (sitati) 'agree' with KK in the 1st story... [Headline: Pipeline loses bid to contest Sh4.6b award to KenolKobil ]... then 'disagree' with KK in the 2nd story... [Headline: KPC gets go-ahead to contest Sh4.6 billion Kenol award ]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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tkzee
#871 Posted : Monday, October 11, 2010 11:08:28 AM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
KK finally settles dispute with KPRL
http://www.kenolkobil.com/home/index.php
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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The Merchant
#872 Posted : Monday, October 11, 2010 11:17:02 AM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Sad! No compensation! Now I hope all that dramma did not erode profits since there was nothing (financially) gained from all this.
I think the only advantage here is... now the stock looks poised to rush up as it has no dark cloud hanging over it. Interesting market we play here fellows.
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VituVingiSana
#873 Posted : Monday, October 11, 2010 11:26:42 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
tkzee wrote:
KK finally settles dispute with KPRL
http://www.kenolkobil.com/home/index.php

I preferred the lawsuits!!! Coz I was confident that KK would have won against KPRL but it seems that MoE has pressured KK into settling with KPRL...

I wonder what is going to happen with the KPC dispute...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#874 Posted : Monday, October 11, 2010 11:35:25 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Uking'ang'ana na ndovu utapasuka musamba
"Don't let the fear of losing be greater than the excitement of winning."
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tkzee
#875 Posted : Monday, October 11, 2010 11:39:50 AM
Rank: Member


Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
VituVingiSana wrote:
tkzee wrote:
KK finally settles dispute with KPRL
http://www.kenolkobil.com/home/index.php

I preferred the lawsuits!!! Coz I was confident that KK would have won against KPRL but it seems that MoE has pressured KK into settling with KPRL...

I wonder what is going to happen with the KPC dispute...


Going by the reports last week it seems that the matter favors KK so i bet all is not lost.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
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guru267
#876 Posted : Monday, October 11, 2010 11:42:12 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
tkzee wrote:
KK finally settles dispute with KPRL
http://www.kenolkobil.com/home/index.php


i was only going to get in after the dispute was settled...
Mark 12:29
Deuteronomy 4:16
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mjuaji wa stocks
#877 Posted : Monday, October 11, 2010 12:00:37 PM
Rank: Member


Joined: 1/16/2010
Posts: 672
Location: nairobi
The Merchant wrote:
Sad! No compensation! Now I hope all that dramma did not erode profits since there was nothing (financially) gained from all this.
I think the only advantage here is... now the stock looks poised to rush up as it has no dark cloud hanging over it. Interesting market we play here fellows.



Where did you get to know there is no conpensation???
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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mjuaji wa stocks
#878 Posted : Monday, October 11, 2010 12:02:23 PM
Rank: Member


Joined: 1/16/2010
Posts: 672
Location: nairobi
guru267 wrote:
tkzee wrote:
KK finally settles dispute with KPRL
http://www.kenolkobil.com/home/index.php


i was only going to get in after the dispute was settled...



I buy when there is blood in the streets.....and especially if that blood is mine!!

So ...do you think it come back to 8.80/- again??smile
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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VituVingiSana
#879 Posted : Monday, October 11, 2010 12:20:24 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
Huge trades in KK after the announcement that it has settled with KPRL... Remember KK does not have to pay the KShs 600mn KPRL was claiming though it will 'lose' the KShs 4bn that it was claiming from KPRL...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#880 Posted : Monday, October 11, 2010 12:44:40 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
Huge trades in KK after the announcement that it has settled with KPRL... Remember KK does not have to pay the KShs 600mn KPRL was claiming though it will 'lose' the KShs 4bn that it was claiming from KPRL...


Going forward how will the new processing fee's affect KK's bottom line?
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