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KENOL/KOBIL
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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A presumption of marketing is that when a biz is there with U through the hard times it extends into the good times e.g KCB S.Sudan too. Let's see 
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ericsson wrote:With falling Local pump prices Kenol Kobil is going to have a slow down in profits since they have expensive crude oil bought earlier.That is why they are slowly and quietly withdrawing their offer.Nowadays it is ksh.2 discount on Tuesdays and Sundays;the offer for Friday was removed. Motorists are now starting to go to the other petrol stations.That offer they had is good when u have pump prices rising every month. If oil prices continue falling in 2012 the profits would be lower than the 2011.
Like CDE says,many new k-card owners were acquired during the deal poa promotion we may not have figures, but its a certainty. other oil retailers have loyalty cards that most people have never even heard of or what they are about. If nothing was achieved, for sure the K-card was thoroughly advertised and got many new card holders. At almost every KK i fuel at there is normally a major que for the POS, as most are fuelling with the K-card. also the image of the company was enhanced, as having cheaper fuel. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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And about losses arising from cheaper fuel is all about inventory management. Thus, when KK get's it right we will still make even more money selling increased volumes since fuel is now 'cheaper' 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:And about losses arising from cheaper fuel is all about inventory management. Thus, when KK get's it right we will still make even more money selling increased volumes since fuel is now 'cheaper'  NB: Profit margins are protected by the ERC fuel-pricing formula.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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@Ericsson, you seem to have your facts wrong. I get ksh 4/- off on Sundays and Tuesdays. ALL other days I get ksh 2/- off. Mortals (those who don't have the k-card) get ksh 2/- off only on the two days.
I travelled over xmas with a heavily loaded card, but due to shortages I came back with the card unused, getting fuel from jerricans at hovels along the way. This price control thing is bad.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@ericsson. If KK is almost doubling their profits in 2011, that was a harsh business environment when fuel prices hit all time highs and had to deal with severe forex fluctuations in all the countries they deal in, how can you bet against them now that fuel prices and forex are stabilising? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Fuel marketers accuse ERC of distorting market"...Previously, one of the oil marketers was forecasting price movements, notably when it was bringing the monthly cargo in an apparent bid to talk up the prices..." http://www.businessdaily.../-/t76lpyz/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Fuel marketers accuse ERC of distorting market"...Previously, one of the oil marketers was forecasting price movements, notably when it was bringing the monthly cargo in an apparent bid to talk up the prices..." http://www.businessdaily.../-/t76lpyz/-/index.html
 ERC has been under fwaya! all thru FY'11 - hapana weza laumu hao!  *the politics of business*
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Rank: Member Joined: 1/29/2011 Posts: 257
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youcan'tstopusnow wrote:Fuel marketers accuse ERC of distorting market
"...Previously, one of the oil marketers was forecasting price movements, notably when it was bringing the monthly cargo in an apparent bid to talk up the prices..." I wonder who that could be...? He he he! "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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You might enjoy this http://coldtusker.blogsp...lator-or-speculator.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Over 15000 customers on K-Card and counting, the Travellers Gold.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Supply thinning out... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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i believe you imply supply thinning out at the stock market and not the patrol stations....well the chickens are running home to...
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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youcan'tstopusnow wrote:Supply thinning out... I have declined the T-bill temptation to pile up more of this counter,it may be too early to call a rally but the pay day will surely come,KCB has also flirted with 18 price levels in today's session.
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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Can everybody tighten their belts for a mini rally when the fy start flowing and div. Awards..only if you can handle ocampo 6 maturely. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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cnn wrote:youcan'tstopusnow wrote:Supply thinning out... I have declined the T-bill temptation to pile up more of this counter,it may be too early to call a rally but the pay day will surely come,KCB has also flirted with 18 price levels in today's session. Getting some at 9 was surely a blessing. Though volumes at current prices still very low. I've also noted the increased demand in other counters. It all started with Safaricom. Will it last? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Jamani wrote:i believe you imply supply thinning out at the stock market and not the patrol stations....well the chickens are running home to... "patrol stations"  these guys (& us via share holding) really tesa us at times na ma-roundi mwenda! but U can't keep a resilient Kenyan down!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Cde Monomotapa wrote:Jamani wrote:i believe you imply supply thinning out at the stock market and not the patrol stations....well the chickens are running home to... "patrol stations"  these guys (& us via share holding) really tesa us at times na ma-roundi mwenda! but U can't keep a resilient Kenyan down! If you can't beat em (OMC's), JOIN THEM. KK Loooarr!  NB: This applies to banks as well GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Cde Monomotapa wrote:Jamani wrote:i believe you imply supply thinning out at the stock market and not the patrol stations....well the chickens are running home to... "patrol stations"  these guys (& us via share holding) really tesa us at times na ma-roundi mwenda! but U can't keep a resilient Kenyan down! If you can't beat em (OMC's), JOIN THEM. KK Loooarr!  NB: This applies to banks as well 
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:cnn wrote:youcan'tstopusnow wrote:Supply thinning out... I have declined the T-bill temptation to pile up more of this counter,it may be too early to call a rally but the pay day will surely come,KCB has also flirted with 18 price levels in today's session. Getting some at 9 was surely a blessing. Though volumes at current prices still very low. I've also noted the increased demand in other counters. It all started with Safaricom. Will it last? i also wonder, i'm a bit pessimistic. And its also confusing with ocampo 6 round the corner. But surely if results and dividends are good no matter the bear, their must be a ka-mini rally. I'm also thinking, maybe aly sachu's prediction is correct. The investor's chief problem - and even his worst enemy - is likely to be himself
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