youcan'tstopusnow wrote:VituVingiSana wrote:@guru - Unless KK issues 3Q results I think Shs 10-11 is here to stay... Then the Final Results in Feb-Mar 2011 will blow us away...
I am confident that 20/- in 3 years is a strong possibility...
VVS, won't 2H results be less sparkling than 1H? Or what do you reckon the effect of all the problems with MOE was?
The problems with MoE in 2H 2010 are priced into the shares (10/-)... So if they surprise us...
Ironically, KK might do very well in 4Q:
1) Enough stocks. When KK did not have petrol neither did others. So they could charge 99/- & no-one complained
2) Kenya is only one market for KK. Biashara was a-ok in Zambia, Burundi, Rwanda, Tanzania, etc [The supply routes are NOT 100% through Kenya]
3) KK has other lines of business e.g. rent & lubricants which were not affected
4) Write-back of provisions after the Settlement is completed
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett