Sure? This capitalist!!

And what is so difficult about giving regular updates on performance that other companies are reluctant to do so?

It is a shame that at some companies no one (except the management) knows the dates results will be released until the very last day

Pull up your socks tafadhali...

The benefits of ESOPs

Shareholders have the right to this info.No panganga here just living upto the expectations

Ok Messrs, I will add quite a chunk this Friday when it will touch the all time low of 8.50!

Kenyans...

Firms that don't give info (& minimal info) at the last minute... Some folks complain!

Firms like KK which gives S/holders info on a regular basis... Some folks complain!

I am happy to get REGULAR updates from KK. I am very happy to hear the profits are expected to be in line with the projections. What will be even better is if the profits meet the US$ targets coz that is more KShs for me!!!

I have a strong hunch that KK's market share (in Kenya) will be the highest it has ever been in 2011...

With the new facilities in Tanzania, Burundi, Uganda & DRC... the EAC market share will be even higher in 2012!!!

Diversification and Geographical expansion- spreading risk/diversify profitability lines:

*At Group Level % of PBT based on 1st Half 2011:
• Retail/Resell- 14%
• Commercial-7%
• Aviation- 17%
• Export-14%
• Trading Desk-11%.
• LPG- 8%
• Non Fuel- 5%
• Lubes- 4%
• F.O & Bitumen – 20%

With the above diversification, its clear why Total Kenya problems are not reflected in KenolKobil........Retail/resell of fuel (what we think is the core business of KK) and what is killing Total Kenya due to price regulation accounts for only 14% of group PBT.....Remember this 14% is based on all countries they have retail networks:Kenya,Uganda,Rwanda,Burundi,Tanzania,Zambia and Ethiopia. Assuming 1/3 of this retail business is attributable to Kenya (Check how the 400 fuel stations are geographically distributed per country), then that means the impact of price control introduced in Kenyalast year affects about only (1/3 x 14%) ie 5% of the PBT of the group. This is the power of business diversification both in terms of regions (reduces country specific risk) and products.

In fact, based on the above breakdown, KK derives 1/5th of its PBT from bitumen!!

Happy Hunting.

@stocksmaster the FO = Fuel Oils (sold to firms that burn fuel oil for power) & this is huge in Kenya & Uganda where thermal production is key... so the FO+Bitumen = 20%

I do not understand the 'export' tag since KK supplies most EAC countries directly i.e. it has a presence.

I am sure Kenya's retail fuel sales accounts for more than 5% of the PBT but it is not broken down for competitive purposes.

KK can afford Deal Poa which shows their strength vs the other OMCs. Of course, the Deal Poa if done properly can push sales of other items/goods/services for KK's retailers.