Ksh109million Q1 loss! ..on account of 'low fuel prices'
That renews my immediate thinking n activity. ..not fundamentally but market position..

..if it is not expressly prohibited in law.. DO IT!!!!

@ Jammo.

Oooops! Pole but u were warned.

I warned about this awhile back n gave Total among examples that included safcom.

Its called price transfer. Some shareholders have to make K b4 u do.

When buying shares,ask yourself,would you buy the whole company?

...seems they'v been caught in the Triton trap...buying high and having to sell low...why didn't they emulate Triton and siphon their fuel off and close shop? It's business not charity...but this goes to confirm that the future of all equity stocks is inherently uncertain and is difficult to model...

Playing the stock market without insider info...is like buying a cow in the moonlight.

I would tend to agree with Gordon on the tax issue,we all know French companies are fomous in that aspect.

I however,have a question for Jammo,did you say loss because of'' low prices? and if so,are you telling us that the have adjusted their prices of the petroleum products sold to Kenyan public down ward ? and that they are selling their products lower than on the world market.? If so then that would be an act of charity and energy prices are going to fall,we will witness an economic take off.



wote

@wote.... Quotation marks mean they aren't my words. On total i'm a trader..so my interests go thus far.

..if it is not expressly prohibited in law.. DO IT!!!!