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KENOL/KOBIL
synergia
#1051 Posted : Wednesday, November 10, 2010 11:16:45 AM
Rank: Member

Joined: 7/7/2008
Posts: 34
Good things coming KK is set to broaden its wings.

http://www.bloomberg.com...-operations-in-2011.html
mwanahisa
#1052 Posted : Wednesday, November 10, 2010 11:23:03 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
[quote=synergia]Good things coming KK is set to broaden its wings.

http://www.bloomberg.com...operations-in-2011.html[/quote]

This is old news and if anything, I find it a tad disappointing. Reason, KK had issued a statement in July 2010 indicating that it had opened an office in Moz. I was expecting that they had already started operations!!!
VituVingiSana
#1053 Posted : Wednesday, November 10, 2010 11:25:17 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
KK looking at Zimbabwe & Mozambique... Seems an acquisition is imminent in 1Q 2011... 'Move South' Strategy...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#1054 Posted : Wednesday, November 10, 2010 11:31:16 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
mwanahisa wrote:
[quote=synergia]Good things coming KK is set to broaden its wings.

http://www.bloomberg.com...operations-in-2011.html[/quote]

This is old news and if anything, I find it a tad disappointing. Reason, KK had issued a statement in July 2010 indicating that it had opened an office in Moz. I was expecting that they had already started operations!!!
This is about Zimbabwe not Mozambique [which was mentioned since it is included in the Move South strategy]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
nahdy
#1055 Posted : Wednesday, November 10, 2010 11:35:40 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
yesterdays activity .... todays news !!!!!
cnn
#1056 Posted : Wednesday, November 10, 2010 11:37:01 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
mwanahisa wrote:
[quote=synergia]Good things coming KK is set to broaden its wings.

http://www.bloomberg.com...operations-in-2011.html[/quote]

This is old news and if anything, I find it a tad disappointing. Reason, KK had issued a statement in July 2010 indicating that it had opened an office in Moz. I was expecting that they had already started operations!!!

@mwanahisa,acquisitions and start ups and especially in other countries can be expected to have challenges at the beginning,i believe when all is up and running,shareholders will be smiling.
Let the management get it right.And like @VVS,has said above Zimbabwe also appears to be in play now.
synergia
#1057 Posted : Wednesday, November 10, 2010 11:37:46 AM
Rank: Member

Joined: 7/7/2008
Posts: 34
mwanahisa wrote:
[quote=synergia]Good things coming KK is set to broaden its wings.

http://www.bloomberg.com...operations-in-2011.html[/quote]

This is old news and if anything, I find it a tad disappointing. Reason, KK had issued a statement in July 2010 indicating that it had opened an office in Moz. I was expecting that they had already started operations!!!

Im just amazed at how this company survives in the market and yet they have the most expensive fuel in the industry.

This guyz have been charging 100 or near 100 per litre of petrol for like the last 3 months and they feel zilch.
mwanahisa
#1058 Posted : Wednesday, November 10, 2010 11:52:27 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I will await more news before I am convinced. The Zim angle is great, but we need more flesh to the story. Interestingly, there's nothing new on the KK website.
nahdy
#1059 Posted : Wednesday, November 10, 2010 12:06:02 PM
Rank: Member

Joined: 6/29/2006
Posts: 184
mwanahisa
#1060 Posted : Wednesday, November 10, 2010 12:46:36 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
@nahdy. I have now seen the story. It seems I had been looking at a different webpage. This should certainly be interesting. The Zim economy has been on a recovery path and if KK can get in at this point, I am sure it will be well positioned as the Zim economy returns to a growth path. Not too long ago, these guys had an economy that was bigger than Kenya's.

I remember visiting Bulawayo in 2000 when the meltdown was just beginning and I was amazed at the cleanliness, the orderliness and lack of potholes on the road. I had driven all the way from Livingstone/Vic Falls and the road was damn smooth.

On this account, I take back my earlier comments at 10.23 a.m.
238 Pages«<104105106107108>»
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