@the deal you must be a very young guy if you are this impatient... It was almost 3 weeks ago you said you loved JUBILEE'S annual report and bought in at 200...

Now your selling??? At a loss????

The stock is being driven down by speculators and profit takers after rallying 80% for the year.. I think you should have held on but hey its your loss...

I believe the growth in the insurance industry especially insurance in the next ten years will be stellar...

http://www.standardmedia...14&j=&m=&d= NOT GOOD news at all

This can't go well for kenol because they may given some stupidly low maximum margin that will dent their local earnings...

We all know whats happening to them in Ethiopia...

Am suprised by KK's decision to lower prices. Cureent cost is about 88.74 per litre for super.

See below
US$ to KES Rate 81
Landed Price in US$ per ton 856.678
Conversion (ton to M3) 1374
Cost per Lt 50.50
KOSF Discharge (3 US$ per M3) 2.43
KPC Transport to NBI (Kshs 2250 per m3 +VAT) 2.61
IDF (2.25% of landed Cost) 1.14
EXCISE DUTY (Kshs 19.895 per lt) 19.90
RML (Kshs 9 per litre) 9.00
PDL (Kshs 0.4 per lt) 0.40
PRL (Kshs 0.05 per lt) 0.05
Depot Losses 0.25% 0.22
Local Delivery (Kshs 0.5 per lt) 0.50
Station Dealer Return Kshs 2 per lt 2.00
Cost at Station 88.74

Oil Company Return 15% 13.01
Price at at Station 101.75

That return is arrived at by computing the cost of capital. If the borrowing rates are 1% then a 3% return can do. I challenge the govt to lower taxes (currently at 30 bob) if they want Kenyans to enjoy low prices

@milken - I don't understand some of the abbreviations used. Please help:
RML
PDL
PRL

Also Yield Shift Losses have not been factored in. Or have they?
Transport costs if KPC is down?

I'm still shocked that KK would call a press conference to tell us that they're reducing pump price to 98/- while the rest are at 97/-.

Is it me or is KK playing with our intellect?

No but it sure sounds like he more than drives yours. Pole I'd forgotten you have a thing for this man but that announcement was not only not newsworthy but fell far below expectations.

@Vituz & 2012

Wacheni kuchokozana. It is painful watching KK go down to 10 bob again. Woe onto us holding this share if it hits 9 bob. Lakini, let us not heat up cauze ni kufyam. Things will get better with time.

So, don't fight on Leona's birthday.

@2012

Don't you know Kenyan media is actually run by the big boys of business in Kenya. KK was launching a fuel card and wanted to do it with maximum media coverage. Their PR guys know who to give 510 and handouts apart from having certain Editors under a retainer to ensure full coverage and minimum or no negative stories.

On top of it, Kenyan media is held by the balls by the Multinationals as the media houses depend on the multi million adverts from the same companies. So, a reminder that the media houses depend on adverts from a vested company usually makes the CEO and Managing Editor go helter skelter if proper coverage is not done for the company.

Ati Centum bought 100 acres in Runda?