Wazua
»
Investor
»
Stocks
»
KENOL KOBIL .... 2012
Rank: Elder Joined: 2/10/2007 Posts: 1,587
|
VituVingiSana wrote:PKoli wrote:Aguytrying wrote:PKoli wrote:VituVingiSana wrote:Aguytrying wrote:KK has been declining steadily for the last 2 weeks. This is just the right setting to buy more incase the market gets spooked by the already anticipated H1 profit decline. but no more money  Same problem! Relatively low volumes have been trading though. I see more demand coming in at the low prices and this will push back the price to around 16. i see a possible dip below 15.00, unless something excites A huge supply came towards the end of trading, with a volume of over 900,000 KK on offer. Earlier, a block of 660k was sold at 15. A guy might be correct in your prediction. Also means whatever is on sale is getting picked up. Someone has been waiting for low hanging fruits. This week might be defining moment for KK
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
|
PKoli wrote:Aguytrying wrote:PKoli wrote:VituVingiSana wrote:Aguytrying wrote:KK has been declining steadily for the last 2 weeks. This is just the right setting to buy more incase the market gets spooked by the already anticipated H1 profit decline. but no more money Same problem! Relatively low volumes have been trading though. I see more demand coming in at the low prices and this will push back the price to around 16. i see a possible dip below 15.00, unless something excites A huge supply came towards the end of trading, with a volume of over 900,000 KK on offer. Earlier, a block of 660k was sold at 15. A guy might be correct in your prediction. Also means whatever is on sale is getting picked up. Unfortunately, I don't have the cash. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
|
Jua kali OMCs in Rwanda to be brought to heel. Benefits KK http://www.newtimes.co.r....php?i=15055&a=55953Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
VituVingiSana wrote:PKoli wrote:Aguytrying wrote:PKoli wrote:VituVingiSana wrote:Aguytrying wrote:KK has been declining steadily for the last 2 weeks. This is just the right setting to buy more incase the market gets spooked by the already anticipated H1 profit decline. but no more money Same problem! Relatively low volumes have been trading though. I see more demand coming in at the low prices and this will push back the price to around 16. i see a possible dip below 15.00, unless something excites A huge supply came towards the end of trading, with a volume of over 900,000 KK on offer. Earlier, a block of 660k was sold at 15. A guy might be correct in your prediction. Also means whatever is on sale is getting picked up. Unfortunately, I don't have the cash. on friday, KK was the largest mover of the day accounting for 16% of trades, with foreign investors being on the selling side of the counter with 90.3%, as locals bought into the takeover target. (sib)
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
yesterday, only 27,900 kk shares were traded. that was a very quiet day at this counter. lets see today
|
|
|
Rank: Member Joined: 7/19/2006 Posts: 113 Location: Mombasa
|
@Mwekezaji and I believe the selling price was reached @14.85??? Sound that I love most: Is the ringing bell of Stock Market.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
yaserbigchair wrote:@Mwekezaji and I believe the selling price was reached @14.85??? VWAP currently is 14.85. A low of 14.80 has been traded today and the current share volume is 1.37M.
This one I've been monitoring ever since CFC investment team issued a sell reco against the rest...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: New-farer Joined: 12/1/2009 Posts: 75 Location: nairobi
|
yaserbigchair wrote:@Mwekezaji and I believe the selling price was reached @14.85???  if puma is not willing to part with 17/-. then i will be with them for a long time. Aint selling!!!
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
hisah, I'm seeing a volume of only 73k with demand at 15 as at 2.27 p.m. And if CFC were really serious, they should have issued a research note to go with telephone calls. Did they? GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Big demand is currently at 14.80 and below. As for supply, it is very thin upto 15.95 at the moment Nothing to do but wait for the end of due diligence. Only then shall we know the way forward... GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Puma has closed a 75% stake deal with BP Africa in Zambia. What about us? :'(
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
youcan'tstopusnow wrote:hisah, I'm seeing a volume of only 73k with demand at 15 as at 2.27 p.m.
And if CFC were really serious, they should have issued a research note to go with telephone calls. Did they?
Volume for today - 1,377,900, VWAP = 14.85. CFC did issue a research note. But the balls they got to call the opposite of the tide! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Then that's some balls there, as you say... GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Today, foreigners were again active on the sell side. Talk of profit taking because the counter is over 50% up this year. And the silence from KK house must be unsettling the foreigners ... or do the foreigners know something that we dont?
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
hisah wrote:youcan'tstopusnow wrote:hisah, I'm seeing a volume of only 73k with demand at 15 as at 2.27 p.m.
And if CFC were really serious, they should have issued a research note to go with telephone calls. Did they?
Volume for today - 1,377,900, VWAP = 14.85. CFC did issue a research note. But the balls they got to call the opposite of the tide! @hisah, Pls share the report. Could this be the report that spooked foreigners
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
@hisah. have u read the CFC report? i would like to read it. @mwekezaji. do not worry about foreigners, they are not demi gods The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
The government was kept in the dark over the impending takeover of KenolKobil by Puma Energy of Switzerland, putting at risk the interest of minority shareholders, workers and creditors. “We read in the papers of their-Puma-intentions to take over KenolKobil,” said Mr Nyoike. http://www.businessdaily.../-/qhxd9yz/-/index.html
Nyoike probably wanted to be informed beforehand so that he dashes to the market and buy. GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Looks like kutakuwa na a lot of bumps before this deal is done and dusted... GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
|
youcan'tstopusnow wrote:The government was kept in the dark over the impending takeover of KenolKobil by Puma Energy of Switzerland, putting at risk the interest of minority shareholders, workers and creditors. “We read in the papers of their-Puma-intentions to take over KenolKobil,” said Mr Nyoike. http://www.businessdaily.../-/qhxd9yz/-/index.html
Nyoike probably wanted to be informed beforehand so that he dashes to the market and buy. What is the crooked fool talking about? The information that Puma is taking over BP Zambia (which is irrelevant to Puma/KK's deal) has been in the news for ages. In addition, BP/Puma Zambia has been releasing Statements to Zambia's LuSE, SEC & shareholders for over 1 year. I agree with @youcant re: nyoike Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Meaning @ycsun, @vvs & I can't meet over tea and agree then pursue regulators as we implement? Hehe or is the govt. omni-present? 
|
|
|
Wazua
»
Investor
»
Stocks
»
KENOL KOBIL .... 2012
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|