wazua Tue, May 5, 2026
Welcome Guest Search | Active Topics | Log In

238 Pages«<120121122123124>»
KENOL/KOBIL
Options
Previous Topic · Next Topic
VituVingiSana
#1211 Posted : Thursday, January 20, 2011 10:32:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
@ProverB - I bought more KK this morning... safcom at 15/- was pure speculation! I sold at 6/- & that was a great decision for me!

I went deep into the shaggz of Central last month. Never knew KK was so widespread. Perhaps I didn't care/look until I bought KK shares! In some areas, KK is 'the pentlol stashon' aka the only one in town. If you go towards Aberdares, etc you will even pass a KENOl Township!

I was on the Mombasa-Malindi Rd last year. Lots of petrol stations including a good number of KK. Nowadays, many only fill up at brand names. This should move volume for KK. Why fill up at ShadyJoint Petrol Station for 95/- when KK is also 95/-?

I have not made a road trip (recently) to Western/NEP/North RV lakini I hope Wazuans can tell me about KK stations.

I have seen KK is Uganda [on the main Entebbe-Kampala Rd], in Zambia [Lusaka], Tanzania [Namanga-Arusha-Dar]... I understand KK is among the top 5 in Ethiopia as well [lakini low margins]... Top (35%) in Burundi & Rwanda.

My point is I have done my research... I have my info... Now to wield the hammer!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#1212 Posted : Thursday, January 20, 2011 10:34:17 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Warren Buffett

Let blockheads read what blockheads wrote.
Warren Buffett Laughing out loudly Applause Pray Laughing out loudly

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Warren Buffett

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett

Our favorite holding period is forever.
Warren Buffett

Price is what you pay. Value is what you get.
Warren Buffett

Risk comes from not knowing what you're doing.
Warren Buffett
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Thursday, January 20, 2011 10:36 AM | Reason: Not specified
ProverB
#1213 Posted : Thursday, January 20, 2011 10:39:41 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
VituVingiSana wrote:

Let blockheads read what blockheads wrote.
Warren Buffett

Brick wall Brick wall Laughing out loudly Applause Applause
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  |
VituVingiSana
#1214 Posted : Thursday, January 20, 2011 10:42:13 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
Let blockheads read what blockheads wrote.
Warren Buffett
Brick wall Brick wall Brick wall Brick wall

Warren Buffett is deadly!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#1215 Posted : Thursday, January 20, 2011 10:43:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
Let blockheads read what blockheads wrote.
Warren Buffett
Brick wall Brick wall Laughing out loudly Applause Applause

Jamaa is deadly!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Aguytrying
#1216 Posted : Thursday, January 20, 2011 9:15:38 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Value investing is the way to go.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
jerry
#1217 Posted : Thursday, January 20, 2011 10:47:41 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
Value investing is the way to go.

@vvs. Thanks 4 ur research on KK. About WB, he also said something like 'wide diversification is required for those who don't understand the market'. I've KK, KCB, COOP & KPLC. I wonder what WB wud say about my picks.
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
youcan'tstopusnow
#1218 Posted : Thursday, January 20, 2011 11:26:13 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Buffett holds a wide array of stocks
GOD BLESS YOUR LIFE
Back to top
WWW
  |
erifloss
#1219 Posted : Friday, January 21, 2011 8:27:42 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Kk might be a good buy though i have an issue with the oversight management of the company. When one Mr Segman is the CEO & still the chairman then the oversight control of the company becomes a one man affair though a board exists & it suppresses fresh new ideas & strategies that migth assist the company in becoming much better. Truth be told in East & Central Africa Kenya is the largest consumer of fuel@vvs most of the kenyan stations you saw were from the era when one Mr Biwott was the total man in govt.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
Back to top
  |
VituVingiSana
#1220 Posted : Friday, January 21, 2011 9:26:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,380
Location: Nairobi
@erifloss - I do not know how 'old' the stations were. biwott 'dropped' out of power 9 years [2002] ago so that might be a good indicator. How did KK get such traction in Central [considering the anti-moi/biwott streak there?]...

BTW, I got into KK after 2002 as a shareholder in Kenol [Kobil came later]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
238 Pages«<120121122123124>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.