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the deal
#1171 Posted : Sunday, December 05, 2010 11:37:05 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l
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VituVingiSana
#1172 Posted : Sunday, December 05, 2010 11:57:45 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
the deal wrote:
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l

A 2/- drop in prices will not boost sales sufficiently to overcome losses in margins! I would like to see the formula first... As for high prices... what are the taxes? 40/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#1173 Posted : Monday, December 06, 2010 12:39:59 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
the deal wrote:
low fuel prices will increase volumes of business transacted resulting in a high turnover for KK...it was time Kenyan´s are suffering...l

A 2/- drop in prices will not boost sales sufficiently to overcome losses in margins! I would like to see the formula first... As for high prices... what are the taxes? 40/-...

I like the SA way...that´s what we use back home..pump price correlating international oil prices´s...anyways like you say lets wait for the formulas but anything short of that i expect a backlash tomorrow both for GOK from oil companies and for investors...anyways let me sleep got class tomorrow...hoping for the bestsmile smile smile
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sean_george
#1174 Posted : Monday, December 06, 2010 12:31:41 PM
Rank: New-farer

Joined: 11/18/2010
Posts: 12
Location: Kenya
The fine for non-compliance is 1 million - They'll recover this in a day and charge high prices for a whole month

The Govt cant afford to de-license a mojor retailier because that would bring shortages, so it'll keep fining them.

Bottom line - either Govt increase the fine, or prices remain high.
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VituVingiSana
#1175 Posted : Monday, December 06, 2010 1:21:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
KK has released a Press Statement.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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nahdy
#1176 Posted : Monday, December 06, 2010 1:56:12 PM
Rank: Member

Joined: 6/29/2006
Posts: 184
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stocksmaster
#1177 Posted : Monday, December 06, 2010 2:18:13 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
nahdy wrote:
http://www.kenolkobil.com/home/index.php?active_page_id=&id=250&PHPSESSID=a2703026a83fb7d191e43aec79734d6f


Seems the energy PS is at it again........Says they have consulted the oil marketers on the price regulations when they have not! He should borrow a leaf from the communications PS on this and appoint third party/neutral proffessionals since the ministry of energy through NOCK is a competitor.

I dont think this price regulations will work. More energy needs to be channelled towards improving efficiency in the oil infrastructure. The rules will easily be challenged in the courts by the oil marketers.

Happy hunting.
x handle: @stocksmaster79
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yaserbigchair
#1178 Posted : Monday, December 06, 2010 2:36:40 PM
Rank: Member

Joined: 7/19/2006
Posts: 118
Location: Mombasa
Its Only good for companies when the oil price go up!

But this Government puts a lot of pressure to other companies.

Its good to Consumers but not to Investors!

Why doesn't the body first control the ever fluctuating KPLC bills???

I used to pay 1,500 then it went up to 4,800 then down to 1,800 and my latest bill reads 2,800.

ERC SHOULD FOLLOW KPLC'S bills STEP BY STEP!
Sound that I love most: Is the ringing bell of Stock Market.
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youcan'tstopusnow
#1179 Posted : Tuesday, December 07, 2010 10:48:23 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Engen targets 100 outlets in expansion plan www.businessdailyafrica....22/-/cmaqo5/-/index.html
GOD BLESS YOUR LIFE
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VituVingiSana
#1180 Posted : Tuesday, December 07, 2010 11:25:11 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
yaserbigchair wrote:
ERC SHOULD FOLLOW KPLC'S bills STEP BY STEP!
Hating on KPLC will not mean it will drop to 15/-... BTW, please pay your stima bills on time...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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