Phew praying at the wrong time. Ok I could come down to scoop at Kes 10 but I doubt it will be lower than that for two days. It seems everyone is awaiting its third-quarter and if positive it may move to range of Kes 13-16 soon

They are aware of the perfomance though they do not submit resultsto the public(Publish). Internally its done and ofcourse leaks are always there reason stocks gear up from Nov to march coming year!

Yaawa! Speculating on better Financial Year ends(Dividend and Bonuses) creating capital gains on the way!

2107 posts and counting. If this thread was a wazuan, it would be an elder.

New charge sets up consumers for higher petroleum prices charge

The energy sector regulator has allowed oil marketers to pass on the rising cost of financing their business to consumers, setting up motorists for higher pump prices.

The decision came in the form of a “cost of credit” surcharge that the Energy Regulatory Commission (ERC) introduced in this month’s price adjustments jerking up pump prices by Sh0.62 per litre.

Commercial bank lending rates rose by an average of 10 percentage points since the November 14 review and will henceforth reflect in the ERC’s monthly price reviews.

ERC director general Kaburu Mwirichia said the borrowing cost surcharge will be adjusted on a quarterly basis, indicating that consumers are likely to shoulder the steep rise in lending rates in the next three months.

http://www.businessdaily...8/-/xbrecm/-/index.html

Aicaramba!! But i'll be interesting to see how they lay out the infrastructure. On the otherhand NOCK intends to go 'uchumi ya kadogo' by setting up LPG filling for lower quantities, e.g measures as low as 1/2 Kg. Where does that leave K-gas!!!!

This move will drastically reduce depreciation costs and thus boost their profits.. And since they are doing it retrospectively they will definitely boost retained earnings..

How much cheaper can this stock get?

>guys what does ths mean in terms of share value?

God loves his people and gives them gifts because he is all loving. For example kk trading at 9.50, maybe heading to 9.00. A p.e of 4.75 assuming fy e.p.s of 2.0. An estimated dividend yield of 5.3%-0.5sh for fy 2011-10% including interim. Exponential growth in difficult conditions. the lower it goes, the more unbelievable, the sweeter the deal.:) Deal poa