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KenolKobil FY 2012 substrata loss of 9b!
mnandii
#111 Posted : Friday, April 12, 2013 8:15:40 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
VituVingiSana wrote:
erifloss wrote:
erifloss wrote:

#1799 Posted : Saturday, May 28, 2011 4:52:27 PM
@vvs, all i'm trying to show is that all the hype around KK as this future gem as it stands right now is wrong.
1. Instead of being noisemakers, they should at least concentrate on lobbying for new legislature BAT or EABL style so as to get what they want.
2. Instead of being a one man show and thus being deprived of new ground breaking ideas, they should separate the responsibilities of the BOD from that of the Management by first having a non executive chairman & maybe reconstitute its management.
3. Instead of only divesting by opening retail business in different countries, they should also look into other lines of the oil business.
4. Globally, the business of oil is highly politicised as we globally are an oil driven economy & thus as an OMC you should always know the best way of dealing with the current politik.
5. Being only 2 listed OMCs, an illusion of comfort is always created by KK coz of its liquidity within the NSE & thus its price fluctuations when as per the last market survey the largest retailer in Kenya(largest oil market in EA) was Total though this doesn't mean that Total is better.
6. I know i'll be reminded of their profitability & growth but my query is do you see them sustaining this growth?
The reality is if KK never changes its way of doing biz, i see it as the biggest loser on UG's oil and thus not as a long term prospect.

I remember when i said this back in 2011 it was referred to as information overload
And you were right ;-)

On mark brother!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
the deal
#112 Posted : Friday, April 12, 2013 8:49:49 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The market is smelling a strong turnaround...

"The Group has noted in Q1 2013 a drop of about 35% in overall monthly running costs"-Kenol Kobil FY 12 results.

The stock will be at 15 bob soon while some disillusioned Wazuans will be waiting for 5 bob...wet dreams I say!!!

mwekez@ji
#113 Posted : Friday, April 12, 2013 9:06:42 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
murchr wrote:
Hii bull haina mchezo @Mwekez@ji, who's buying?


Locals are both in the buying and selling side of this counter. The number and volume of the deals indicate local retailers. Since release of the FYR, foreigners have stayed out
mwekez@ji
#114 Posted : Friday, April 12, 2013 9:33:56 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
#HighRiskReturnCounter. If the turnaround works out, the counter is good to go and this may be sweetened by a takeover/strategic investor deal. If the counter gets another hit from forex management, inventory management or trading desk, equity will be wiped out and a bailout call will be unavoidable. Currently, a bailout call has been averted by the assets they will be selling. ... Given the conservative nature of our banks, in the current scenario, they must be happy that KK plans to clear their loans
Aguytrying
#115 Posted : Friday, April 12, 2013 10:31:24 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I'm bullish on the management. I believe they will turn a profit this year and into the future. The company may find a buyer in the near future. However nothing can explain the share trading at these lofty valuations at the moment.downside risk too high at this valuation.
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#116 Posted : Friday, April 12, 2013 11:02:37 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Aguytrying wrote:
I'm bullish on the management. I believe they will turn a profit this year and into the future. The company may find a buyer in the near future. However nothing can explain the share trading at these lofty valuations at the moment.downside risk too high at this valuation.
I would like it to fall further but the 1H loss was a KNOWN so the only UNKNOWN was the 2H loss.

I am disappointed it did not fall further to 8-ish levels. I will wait but I am going in further. As you say... another buyer will come along.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#117 Posted : Friday, April 12, 2013 11:05:11 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Maybe it is not falling because we are in a bull market currently!!
mlennyma
#118 Posted : Friday, April 12, 2013 11:09:28 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This company must clean its records in courts,and prepare itself for non contested take over in future,in the meantime iam not a buyer.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#119 Posted : Friday, April 12, 2013 11:53:50 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@mlennyma ametumwa...kikiki!
Aguytrying
#120 Posted : Friday, April 12, 2013 11:56:54 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
After Kk rallied the last 2 days I was waiting to see if it will continue today. I decided to call the bluff of the buyers, so see how far they want to take it. not to my surprise the supply has increased at 10.50. with rally now on hold.
The investor's chief problem - and even his worst enemy - is likely to be himself
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