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TOTAL (K) 3rd Quarter 2012 Results
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Total Kenya financial results for the period ended September 30, 2012: PAT -243,643,000 against 69,475,000 in 2011. Management still crying ERC formulae is faultyb Some more tenders won in the third quarter, so loses may easen up. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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dunkang wrote:Total Kenya financial results for the period ended
September 30, 2012:
PAT -243,643,000 against 69,475,000 in 2011.
Management still crying ERC formulae is faultyb
Some more tenders won in the third quarter, so loses may easen up. @dunkang, is it minus 243,643,000 or plus? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Rink!? The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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In today's Nation...the oil industry is tough in this country.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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cnn wrote: In today's Nation...the oil industry is tough in this country. http://www.rich.co.ke/me.../TOTAL%20KENYA%20LTD.PDF$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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jerry wrote:dunkang wrote:Total Kenya financial results for the period ended
September 30, 2012:
PAT -243,643,000 against 69,475,000 in 2011.
Management still crying ERC formulae is faultyb
Some more tenders won in the third quarter, so loses may easen up. @dunkang, is it minus 243,643,000 or plus? (243,643,000) -> negative -> loss -> PAT.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Here is the Linkcnn wrote: In today's Nation...the oil industry is tough in this country.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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The future of oil is .... This is why the Multinationals pulled out, because it is more profitable to drill for oil and LNG in North America: http://pro.stansberryres...m/1210THIRDLIA/LPSINBEV/Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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Price controls whereas 'good' for consumers in the short-term creates problems in the long-term as competition dies out & concentrates power in fewer players. Will firms invest in additional capacity, storage or distribution if they can't make ends meet? No. Greedy 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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Encouraging results from Total, KK must be doing great in H2 2012.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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the deal wrote:Encouraging results from Total, KK must be doing great in H2 2012. Esp. the june to sept quarter. Its good to note that the sector is on the recovery way. Receive with simplicity everything that happens to you.” ― Rashi
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TOTAL (K) 3rd Quarter 2012 Results
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