I am saying KK will buy refined fuels cheaper from UG (cheaper shipping, insurance, No KPRL, no pirates, ullage charges) do u see where i am coming from. I do not need KK drilling any wells please.

@erifloss - Simple. KK is the best managed firm!

The rest is just noise. By the time the REFINERY in Uganda is ready... Besigye might be president unless m7 'buys' another term.

The best case for a refinery to be running is 2014 but a small one just for Uganda's needs.

Kibaki will be gone by 2013 so will (I hope) kiraitu. Also after 2012, the ministers will (hopefully) be vetted & professionals not the current corrupt bunch.

KK is growing regionally. And what I have seen them do, they will continue doing so for the next 5 years.

I am simply talking about KK's probabilty of increasing its margins by positioning itself strategically. The rest of the tons of info u've provided I am not concernd about.

1st of all I was reffering to erifloss's "lecture" being info-overload. 2ndly I was expressing my thoughts on how KK can possibly increase its margins by being smart coz higher margins=higher returns for shareholdrs. Look, I am not here to save the world, I found it as it is and playing my hand, so kila mtu ajipange..that is the essence of capitalism. So I watch KK and its response to mkt dynamics..if I like I hold, if I don't I sell. Kila mtu akule bidii yake generally.

He he.as the E.A Cable Ad went.."wire si wire" thus, to me the NSE has 54* wires...so I own just 3

@vvs, if Shell listed in Kenya today would you still stick with kk or go for shell?

Just like Bharti is going haywire in kenya???? Is it something common with Indian companies??

Is there any company currently that is recording growth(Profits & Size)and its only dwelling on its core business???

e.g Safcom(M-Pesa,Data), Equity(Mortgage,Vision 2030) , KBL(Maji,Soda), ARM(Fertilizer), etc.

@Erifloss...if u were a fund manager I wouldn't give U a single cent of mine. JC!!

@vvs & cde, first i'm not trying to make shell a gem here but giving an example of it in comparison with kk which from my perspective is not that of a future gem as y'all are trying to make it seem. I know about the Vitol/Helios acquisition & if my memory serves me right the royal dutch shell plc is still a minority shareholder & did agree on the 2 investors using their brand & products thus making whatever you want to call the company an Associate of Shell for financial reporting purposes. Shell was not selling its downstream biz only in Africa but worldwide as its own strategic measure of concentrating on larger biz & to be precise in only 19 countries within Africa. Shell still carries out its exploration, natural gas, lubricant & refining biz in Africa meaning if MOE/ERB gives leeway to OMCs of importing refined fuel & the OMCs do so within Africa, chances are high they might be buying from Shell.
Within the 19 countries, shell has a total of 1,300 retail outlets with a combination of 4.7million cubic meters of storage capacity please compare that with KKs which has 222 retail outlets in 9 countries(zim still a prospect) & i bet its combined storage capacity can't even get next to Shell's. C'mon guys money is money, you want to tell me that if today you had a chance to invest in the company that owns these 1,300 retail outlets you'd still stick with the one man show, leave a company that has a chance to have concessions with an oil exploration firm, has a lobbying power in 19 African countries, the backing of Soro's money & influence & vitol(priceless worldwide oil trading, exploration & refining experience).
'money has got no soul, it doesn't care make it while you can as the next person making it doesn't care if you are not'
We all know biz shapes the politics of the day & vice versa thus KK should start by concentrating on making money & not war with everyone coz its breathing space might be made smaller.
A link on how the shell deal was closed. www.shell.com/home/conte..._agreement_19022011.html

@vvs, all i'm trying to show is that all the hype around KK as this future gem as it stands right now is wrong.
1. Instead of being noisemakers, they should at least concentrate on lobbying for new legislature BAT or EABL style so as to get what they want.
2. Instead of being a one man show and thus being deprived of new ground breaking ideas, they should separate the responsibilities of the BOD from that of the Management by first having a non executive chairman & maybe reconstitute its management.
3. Instead of only divesting by opening retail business in different countries, they should also look into other lines of the oil business.
4. Globally, the business of oil is highly politicised as we globally are an oil driven economy & thus as an OMC you should always know the best way of dealing with the current politik.
5. Being only 2 listed OMCs, an illusion of comfort is always created by KK coz of its liquidity within the NSE & thus its price fluctuations when as per the last market survey the largest retailer in Kenya(largest oil market in EA) was Total though this doesn't mean that Total is better.
6. I know i'll be reminded of their profitability & growth but my query is do you see them sustaining this growth?
The reality is if KK never changes its way of doing biz, i see it as the biggest loser on UG's oil and thus not as a long term prospect.