If you discount the Half year results by 25% for the second half you still have an EPS of 2.3 meaning one can get their hands in kenol at a P/E of around 5..

I can almost bet these valuations cannot last for much longer.

Better than 2H 2010 last year but not as good as 1H 2011. Overall, my range is 1.80-2.00 as full year EPS. No complaints!

@GG - I have no idea. My crystal ball doesn't go out that far!
Nevertheless, as a well-run firm with a great management I think they will do OK.

The 2 yr T-Bond yields about 10% less W/Tax = 8.5%

The current price is 11.50 & the dividend for 2011 will probably be 1/- less 5% w/tax = 0.95 = 8.25%

In 2012, I would be very happy to get 8.5% in dividends + there is a 'retained' portion that should manifest AFTER the elections. Assuming we don't kill each other.

[quote=kenyainvestor]KenolKobil projects a rise in fuel prices during ERC August review http://kenolkobil.com/im...her%20pump%20prices.pdf[/quote]
Expected! But the mwananchi wont understand why... Eventually the streets will get busy if the same happens in September... I wonder how gubberments will stem off the coming global unrest fallout...

I wont mind picking it at 5,then wait to become a new millionare in the Autumn of 2013,when @VVS projects the share price to hit 20 bob!

I thought you saw KK fallingto 4 bob.

Anyone with stats? @the deal, @VVS?

Volume b4 & after the "deals poa" on different days of the week?

What is the margin on sales/litre?

I would really like to know this coz I have a feeling that 70% of sales (maybe even 90%) are on Tues/Fri/Sunday.

A good portion on Kcard... upto 5bob discount on regular pump price? What does this discount cost KK?

[quote=kenyainvestor]KenolKobil projects a rise in fuel prices during ERC August review http://kenolkobil.com/im...her%20pump%20prices.pdf[/quote]

these guys seem to have been off the mark with their predictions lately. what impact do you think this has on the market at large seeing as they are the industry leaders

@ammywanja, iko prepaid na postpaid. Moja ni ya walahai na nyingine ni ya walalahoi...

This could be a printing error. Staff should either be 513 or 530.

on pp 14 it also indicates number of stations as 226 238 which could also not be true. Total Network of 393 less 155 in Kenya gives a balance of 238. They didn't proof read their doc.!