Jamani wrote:VituVingiSana wrote:Cde Monomotapa wrote:Aguytrying wrote:Cde Monomotapa wrote:Aguytrying wrote:I wonder how much Kenol Kobil Kenyan operations profits have been affected y/y 2010/2011?
Earnings season Q1 2012
yep. Was going through financial statements and in each of them segman re-affirms the difficulty and inefficiency of the kenyan business. I like how he scathingly attacks in each of them. It would be interesting to know kenya performance.
Sure. Let's see whether the recent KES strength will do us some justice atleast in December.
KK will be the only OMC to make money in Kenya! And that is because they are more efficient. Otherwise, it is getting tough. Good news for KK... the competitors are dying out leaving KK as the OMC that grows even bigger!
I only fill up during Deal Poa days. No-one else can compete.
Just imagine the volumes they do on deal poa, look at the deposits they receive in advance for this.....loan bila interest .....
Good point! The lines are getting very, very long on Deal Poa days. I only go on Sundays (if possible) coz Tuesdays & Fridays are crazy!
I fill up completely but there is always extra cash on my card. On Tuesdays or Fridays (when I have to go) I see a lot of corporate users. I like that!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett