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Another profit warning!
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guru267
#21 Posted : Monday, October 10, 2011 10:53:16 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mlennyma wrote:
My instincts tell me this guys might strike oil and the share rallies past 100


the financial performance of a subsidiary company affects the financial performance of its parent..

the financial results of a parent company have NO IMPACT on the financial results of the subsidiary..

total kenya has nothing to do with the oil exploration that is being carried out by total plc and hence will be unaffected by any outcome..
Mark 12:29
Deuteronomy 4:16
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mlennyma
#22 Posted : Monday, October 10, 2011 11:15:43 AM
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Joined: 7/21/2010
Posts: 6,192
Location: nairobi
@guru is that how useless the monkey is?
"Don't let the fear of losing be greater than the excitement of winning."
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2012
#23 Posted : Monday, October 10, 2011 11:37:00 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
My instincts tell me this guys might strike oil and the share rallies past 100


You should know that there are quite a number of companies prospecting in Kenya. My bet is if there's oil under our feet the Chinese will get to it first and the rest is history.
When we strike oil believe me it wouldn't matter which counter you hold in the NSE the bulls will roll in. Even Neveready will become a gem.

BBI will solve it :)
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Cde Monomotapa
#24 Posted : Monday, October 10, 2011 12:34:56 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
mlennyma wrote:
My instincts tell me this guys might strike oil and the share rallies past 100


the financial performance of a subsidiary company affects the financial performance of its parent..

the financial results of a parent company have NO IMPACT on the financial results of the subsidiary..

total kenya has nothing to do with the oil exploration that is being carried out by total plc and hence will be unaffected by any outcome..

Preach sisto. Save the souls from damnation.
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mlennyma
#25 Posted : Monday, October 10, 2011 12:38:19 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
There is no doubt kenya has oil reserves but the riddle is where its hidden.
"Don't let the fear of losing be greater than the excitement of winning."
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