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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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mwanahisa wrote:It may be worth noting that just before an annoucement when results are expected to be good there will usually be a lot of activity in a stock, usually with increasing prices. I have not seen any of this with KK. But I could be wrong! You could be right but at the price it's currently trading at (9.4), I don't see it reducing further after even better than average results. I think they should give us a dividend of 60cents and nothing less.
BBI will solve it :)
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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2012 wrote:mwanahisa wrote:It may be worth noting that just before an annoucement when results are expected to be good there will usually be a lot of activity in a stock, usually with increasing prices. I have not seen any of this with KK. But I could be wrong! You could be right but at the price it's currently trading at (9.4), I don't see it reducing further after even better than average results. I think they should give us a dividend of 60cents and nothing less. Very unlikely for your expectation to be met considering that this would be an INCREDIBLE 85% increase from last year's dividend. I would be happy with 40 cts in light of the company's expansion plans, although I expect 35 cts.
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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KK definitely took a hit when the war with KPC + KPRL ratcheted up in 2H 2010 but in 2011 we can see that KK was right. Look at NOCK scams. MoE is fully behind NOCK in this matter. Corruption at the top. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Yeah, it would take corporate activities ala, car n general, cables, pan africa. To move anything in this market downturn. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 4/18/2009 Posts: 118
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You are so right. Aguytrying wrote:Yeah, it would take corporate activities ala, car n general, cables, pan africa. To move anything in this market downturn.
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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I am more interested in what KK says about the future... It will also be good to know how it coped with the stupidity of MoE, KPC & KPRL in 2H 2010... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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VituVingiSana wrote:I am more interested in what KK says about the future... It will also be good to know how it coped with the stupidity of MoE, KPC & KPRL in 2H 2010... Theres the 4.5B windfall from KPC too...Segman will be so happy to rub it in in their sore wounds...ofcourse with a pay or go into receivership talk 
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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cnn wrote:the deal wrote:The Kerstril KK Buy recommendation is garbage ati they see 2010 FY EPS at 1.14. I hold they will beat that!.All there is to say about KK has been laid out in detail on this thread and others,we don't have long to wait to learn who made the right call. They did,EPS at 1.21 from 0.88,where would that be were it not for the spat with KPRL?
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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@GG - Please use only KK stations! @Wazuans - Please support KK... ;-) As for NOCK, I hope they are deemed bankrupt soon! Bloody thieves! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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KK also sells fuel CHEAPER than the rest on Tuesdays & Fridays! I think NOCK is in big trouble... LOL... How will NOCK sell the expensive diesel they imported? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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Meanwhile,Kiraitu was under fire as he appeared before the parliamentary committee on Energy.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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VituVingiSana wrote:KK also sells fuel CHEAPER than the rest on Tuesdays & Fridays! I think NOCK is in big trouble... LOL... How will NOCK sell the expensive diesel they imported? Are KK and others who refuse to buy it able to continue to operate sufficiently in the short-term future? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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youcan'tstopusnow wrote:VituVingiSana wrote:KK also sells fuel CHEAPER than the rest on Tuesdays & Fridays! I think NOCK is in big trouble... LOL... How will NOCK sell the expensive diesel they imported? Are KK and others who refuse to buy it able to continue to operate sufficiently in the short-term future? Yes. Don't forget that the reason the OMCs are protesting the NOCK move is coz the fuel was loaded in Feb [& should have been delivered in Feb] whose price has been set already by ERC... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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GOK shot itself in the leg by regulating prices...with prices the same who will fuel at NOCK and how is NOCK suppose to achieve its mandate of selling cheap fuel.
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Rank: Member Joined: 8/17/2010 Posts: 116
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The management strongly belives that business visibility for 1st half 2011 F.Y, indicates a double digit growth in net profit for the 1st half 2011, compared to same period of 2010. PAT 1st half 2010 was 1.18b.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Kenya's KenolKobil diversifies to non-oil ventures LPG contribution to grow to 20 percent in 2011 * Diversifying to avoid interference by regulators http://af.reuters.com/ar...ws/idAFLDE72O14K20110325
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Hmmm. Property development. Seems KK wants a piece of the pie too GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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When even oil marketers forget their core business and dive blindly into property development, you most definatly know we are in a housing bubble.
I hope wen it burst it wount be to hard on kk.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Land iko Addis Ababa GOD BLESS YOUR LIFE
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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I must say I'm quite worried about the diversification plans. Never lose sight of your core business. If you can't be the best in your core business, we are in trouble.
But I'll give JS the benefit of doubt, this is a glitch that will be resolved once the elections are over and we have real professionals running MoE. and subsequently the parastatals under it.
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