I hope I am 1002nd poster......Why has the result been delayed I thot Sept was its full year.

KK may opt not to report Q3 results because they will be obliged to do so every quarter. A good example is EA Cables who still have to report their losses in this quarter.

I have uploaded CMA regulations here http://www.2shared.com/d...Markets__Securitie.html
which govern the release of quarterly results. Download the document on your PCs and straight into page 138 or for the sake of it the most relevant info is copy-pasted below.

---

Interim and quarterly reports
B.06 (1) In this part the terms -
“interim report” means half year financial reports
to be issued within sixty days of the interim
balance date;
“final report” means annual/ year end financial report;
“quarterly report” means a financial report, other than an
interim or final report, covering a period of three months,
issued in the course of a financial year on a best
practice basis.
(2) All interim reports shall be prepared in accordance
with the IAS 34 - Interim Financial Reporting and
IAS 1 - Presentation of Financial Statements and
any other relevant IAS requirement.
(3) All issuers who have adopted a quarterly reporting
practice shall, except in the case of a report issued
pursuant to paragraph B.18, continue to issue
reports on a quarterly basis in order to maintain
consistency.

This stock was/is rallyin because of international ol prices were starting to go up. Or what did you think the reason was ?Brilliant full year results come Dec ? No. today (27.10.2010) the dollar rallied and so oil prices retraced abit (there's that important correlation between dollar and oil prices),
thats why today it -kk- didnt move as much today.
And for those w/o eyes [ No pun intended ] we are in a general market correction.and some stocks like c0-0p ,Dtk need to take a breather so hold on to ur pants/skirt e.t.c tight
last but not least hiiiiiiiiiiii ,Madam guru. Holla

hahah. thatsn't even funny.My analysis is on point.Since i am sure to close my year in style with the banks i am just trying to figure out apart from KQ and Tps serena which stocks will move in the first three months of 2011 as investors take positions.
Industrials have performed poorly in my opinion i guess we shld give them more time.

Oh yeah . Mumias broke that 12 bob support.But i donot think it'll be down for long there's no much volume to pull it down but technically itsnt a good thing.
Access Kenya lost steam ? what happened .

cnn... please ignore. utachoka bure.

@the deal.. there are plenty of profit takers yet to be eliminated and that's partly because there hasn't been any material info on KK but I'm bullish on oil in the years of recovery to come and bearish on the dollar which means i have a responsibility to be bullish on KK....

i'm now hoping kakuzi or KCB can give me a good xmas

@the deal, Coast is still on, though now not by KQ, but Modern Coast....

KK benefits when oil prices drop [exceptions do apply] coz lower fuel prices means better margins [coz easier to pass on]

If it costs KK 50, they can sell at 60 [20% markup]
If it costs KK 80, they can sell at 90 [12.5% markup]

Once the selling price touches 100, there is severe resistance. I recall being in a high-rise at 5pm on a Friday overlooking Koinange St when petrol was at 107/-... there were very few cars out there... Folks were taking public transport OR not coming to the CBD...
[Or mwakwere was suspended]

Consumers don't as much about what margins are made by OMCs or taxes as much as the PRICE they pay... So petrol at 50/- with 50% taxes is more acceptable than 80/- with 20% taxes...

@guru - You are stating the obvious. Read my post.

1) It can work either way. You can be left with 'expensive' stock. See Triton's gamble or even KK when it had pricey stocks.
2) I disagree that KK has $69 stock. Unless you have inside info, I believe you are mistaken for a number of reasons.
3) LOL... In 2009, everything was down! KQ was 20/-, KPLC was 100/-, Equity was 13, SCBK was 120, Williamson was 50, etc... Saying that KK was at its lowest point coz oil was at $30 [btw, that was for a very, very short period] is spurious correlation