Wazua
»
Investor
»
Stocks
»
KENOL KOBIL .... 2012
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
mwekez@ji wrote:guru267 wrote: Im out first thing tomorrow
Good bye mate. Too bad you are exiting at such a time when there is material negative news. 10% rule is waived. We'll bid you at the bottom of the barrel. . @Mwekez@ji hopefully one day you will realize that the worst thing an investor can do is marry a stock or follow a management blindly.. Yaani segman has blown a hole in our company and yet people still sing his praises!  A change in fundamentals made me dump the following stocks since 2009. Mumias @ 14.60bob Kengen @ 21bob Kenya airways @ 46bob and now KK @ 13.59bob Each time i made these moves i was killed on wazua but at least i got rid of my monkeys! Those holding on for the puma deal.. Goodluck and i have nothing but love for you! Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
guru267 wrote:VituVingiSana wrote:guru267 wrote:mwekez@ji wrote:Watch KK make money in H2 2012! You are setting yourself up for serious heartache and ulcers!! I have issues with a management that burns 30% of shareholder funds in a hedging experiment! Im out first thing tomorrow because my reason for holding KK was not the puma buyout! OK. Which broker do you use? How many do you want to sell? What price? Dyer & Blair! 55,500units 13.50bob @9.30am The volume vs price action this week will be interesting esp the bid side. @guru has decided to go for 10% price down draft way past the 14/- weak support level. Let us see if support will come in this week from foreigners. Speculators are about to experience ulcers central...
KK cartoon just for visuals.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
Quote DN..
The loss comes at a time when the company is counting on a solid performance to boost its negotiations with Swiss firm Puma Energy to buy the majority stake in the firm.
“The group is optimistic despite the tough economic cycle, and with the ongoing potential deal between key shareholders and Puma Energy — a strategic investor — the management foresee substantial benefits crystalising upon closing of this deal,” Mr Segman said.
The oil marketer said it expects the deal to boost it in inventories management, forex exchange risk, cost of financing and better sources of products for the whole group.
Puma Energy maintains that negotiations are on course but noted that it did not have any timelines on finalising of the deal.
End Quote..
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Jamani wrote:Quote DN..
The loss comes at a time when the company is counting on a solid performance to boost its negotiations with Swiss firm Puma Energy to buy the majority stake in the firm.
“The group is optimistic despite the tough economic cycle, and with the ongoing potential deal between key shareholders and Puma Energy — a strategic investor — the management foresee substantial benefits crystalising upon closing of this deal,” Mr Segman said.
The oil marketer said it expects the deal to boost it in inventories management, forex exchange risk, cost of financing and better sources of products for the whole group.
Puma Energy maintains that negotiations are on course but noted that it did not have any timelines on finalising of the deal.
End Quote.. That doesnt sound good to me "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
murchr wrote:Jamani wrote:Quote DN..
The loss comes at a time when the company is counting on a solid performance to boost its negotiations with Swiss firm Puma Energy to buy the majority stake in the firm.
“The group is optimistic despite the tough economic cycle, and with the ongoing potential deal between key shareholders and Puma Energy — a strategic investor — the management foresee substantial benefits crystalising upon closing of this deal,” Mr Segman said.
The oil marketer said it expects the deal to boost it in inventories management, forex exchange risk, cost of financing and better sources of products for the whole group.
Puma Energy maintains that negotiations are on course but noted that it did not have any timelines on finalising of the deal.
End Quote.. That doesnt sound good to me My guess is the statement of timelines is thrown in due to the court case(s)
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
|
|
|
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
guru267 wrote:mwekez@ji wrote:guru267 wrote: Im out first thing tomorrow
Good bye mate. Too bad you are exiting at such a time when there is material negative news. 10% rule is waived. We'll bid you at the bottom of the barrel. . @Mwekez@ji hopefully one day you will realize that the worst thing an investor can do is marry a stock or follow a management blindly.. Yaani segman has blown a hole in our company and yet people still sing his praises! A change in fundamentals made me dump the following stocks since 2009. Mumias @ 14.60bob Kengen @ 21bob Kenya airways @ 46bob and now KK @ 13.59bob Each time i made these moves i was killed on wazua but at least i got rid of my monkeys! Those holding on for the puma deal.. Goodluck and i have nothing but love for you! I think @guru267 is right What segman has done is inexcusable the loss is so huge one is tempted to think its deliberate...this hole will take sometime to fill up....Anyway I dont think exiting now when a buyout is in the offing is a good idea...I think I better absorb this risk for speculative purposes....and hope PUMA will not burn our fingers. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Have u seen the supply?  "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
Looks Good and coming home... to roast
BIDS 80,000
Quantity Price Splits Time
20,000 11.60 1 09:46:24
10,000 11.50 1 09:46:24
15,000 11.00 2 09:46:24
5,000 10.50 1 09:46:24
30,000 10.00 1 09:46:24
ASKS 382,700
Quantity Price Splits Time
69,000 14.00 2 09:46:24
22,000 14.40 1 09:46:24
45,000 14.50 1 09:46:24
17,400 14.70 1 09:46:24
15,000 14.75 1 09:46:24
TRADES
Quantity Price Time
2,500 14.00 09:32:03
500 14.90 09:30:01
2,000 14.90 09:30:01
- - -
- - -
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
A low of 14 so far (down 7.28 percent). 5k shares traded. GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
murchr wrote:Have u seen the supply? It is less than I expected GOD BLESS YOUR LIFE
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
|
Jamani wrote:Quote DN..
The loss comes at a time when the company is counting on a solid performance to boost its negotiations with Swiss firm Puma Energy to buy the majority stake in the firm.
“The group is optimistic despite the tough economic cycle, and with the ongoing potential deal between key shareholders and Puma Energy — a strategic investor — the management foresee substantial benefits crystalising upon closing of this deal,” Mr Segman said.
The oil marketer said it expects the deal to boost it in inventories management, forex exchange risk, cost of financing and better sources of products for the whole group.
Puma Energy maintains that negotiations are on course but noted that it did not have any timelines on finalising of the deal.
End Quote.. The thought that this take over may take a long time plus we were warned of losses at half year informed my decision to sell in the 15.50-16 range,the remaining 20% i had purchased in the 60-85 price range i will sell at any price above 9.50 with no losses.This hedging business can be messy,look at what it has done to a great company.
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
guru, you might want to adjust your selling price, or wait it out... GOD BLESS YOUR LIFE
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
vultures have set their eyes check-out the demand
BIDS 1.08M
Quantity Price Splits Time
20,000 11.60 1 09:55:18
10,000 11.50 1 09:55:18
15,000 11.00 2 09:55:18
5,000 10.50 1 09:55:18
1.03M 10.00 3 09:55:18
ASKS 634,800
Quantity Price Splits Time
322,400 14.00 5 09:55:18
22,000 14.40 1 09:55:18
45,000 14.50 1 09:55:18
15,000 14.75 1 09:55:18
11,000 14.90 1 09:55:18
TRADES
Quantity Price Time
2,500 14.00 09:32:03
500 14.90 09:30:01
2,000 14.90 09:30:01
- - -
- - -
|
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
Many people made their cash but greed won't let them sell. I still wonder what people were doing holding this counter at 15/-. Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense.
BBI will solve it :)
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
youcan'tstopusnow wrote:murchr wrote:Have u seen the supply? It is less than I expected Its not an hr since trading began "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
2012 wrote:
Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense. And as Puma you might not meet you wish for a compulsory take over.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
2012 wrote:
Right now if I'm Puma, I wouldn't pay more than 13/- a share! Why should I while I'm coming in as the messiah? It makes business sense. And as Puma you might not meet you wish for a compulsory take over.
|
|
|
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
|
Jus wondering where @gurus supply of 13.50 is  @SufficientlyP
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Jamani wrote:vultures have set their eyes check-out the demand
BIDS 1.08M
Quantity Price Splits Time
20,000 11.60 1 09:55:18
10,000 11.50 1 09:55:18
15,000 11.00 2 09:55:18
5,000 10.50 1 09:55:18
1.03M 10.00 3 09:55:18
ASKS 634,800
Quantity Price Splits Time
322,400 14.00 5 09:55:18
22,000 14.40 1 09:55:18
45,000 14.50 1 09:55:18
15,000 14.75 1 09:55:18
11,000 14.90 1 09:55:18
TRADES
Quantity Price Time
2,500 14.00 09:32:03
500 14.90 09:30:01
2,000 14.90 09:30:01
- - -
- - -
PUMA? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
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.
|