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Is NOCK buying Kenol Kobil?
Rank: Member Joined: 1/21/2013 Posts: 427
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murchr wrote:timuka wrote:and now Satchu refers to KK as Kenya Oil Company on his website  Kenol = KENya Oil Ltd They can as well adopt the full name if the deal goes through
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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2nd Lover even before the first Lover takes away his garments? Something must be sweeter here. Remember 20% tax may be exempted as NOCK is local, the Oil and gas in kenya must have made the govt have all in order to being able to sell the petroleum products at same prices across the country, the jubilee Govt want kenyans to take pride in their own local companies as NOCK may seek to sell shares to the public soon!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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RUN!!!!!!!! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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BP re-enters Kenya with Lubricants & Oils http://www.businessdaily.../-/o0297kz/-/index.html
Perhaps, they want a chain of petrol stations too? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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My trade looking good already
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Demand at 10.85 intra day limit, no supply! Truly theres something cooking. you've gotta love this share The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 4/25/2012 Posts: 110
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Aguytrying wrote:Demand at 10.85 intra day limit, no supply!
Truly theres something cooking.
you've gotta love this share Just wondering why CMA has not acted to shelve the share from trading as they did with PUMA deal, that would mean they have not been notified of the deal officially, reason why?. Meanwhile let the party rock! There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: Member Joined: 8/14/2009 Posts: 244
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Where is #vvs. He is the only one I listed to when it comes to KK
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Rank: Member Joined: 4/25/2012 Posts: 110
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the deal wrote:My trade looking good already good DEAL for you!! There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: Member Joined: 1/25/2010 Posts: 344
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MoneyMonger wrote:the deal wrote:My trade looking good already good DEAL for you!! from 9/= to today's price is already 20% gross
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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stock.enigma wrote:Where is #vvs. He is the only one I listed to when it comes to KK Thanks. It will b volatile but the Annual Report is very upbeat [not that I expect them to be depressing] and Segman is under pressure to perform. Come for the AGM on 30th May. I think we will be pleasantly surprised. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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following the rumour mill, if nock was really to buy out an oil marketer. Wouldn't they rather buy TOTAL kenya? First TOTAL doesn't operate in any other country. Why would nock want to buy into a company with petrol stations in other countries? second. It seems more logical for a foreign based company to pack up and go,( Like mobil, BP, Agip in the past) unlike a kenyan based firm to sell to gava. Stranger things have happened though, time, as usual, will tell. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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Aguytrying wrote:following the rumour mill, if nock was really to buy out an oil marketer. Wouldn't they rather buy TOTAL kenya?
Regional expansion like many other Kenyan firms. I am not saying it is a good idea for NOCK as a GoK entity to go regional but the possibility is there since Kenya remains very competitive
First TOTAL doesn't operate in any other country. Why would nock want to buy into a company with petrol stations in other countries?
Total has stations in Uganda. It might be larger than KK in Uganda. That said, Total Kenya is based solely in Kenya.
second. It seems more logical for a foreign based company to pack up and go,( Like mobil, BP, Agip in the past) unlike a kenyan based firm to sell to gava. True but...
Stranger things have happened though, time, as usual, will tell.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Cde Monomotapa wrote:Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK If the rumour were true, it would be great - GOK showing some muscle, what with NOCK also prospecting for oil. Hio ni kazi nzuri sana ala Sonangol, Petrobras, Aramco, PDVSA na wengineo. Some (if not all) of the PSC's even afford the Government a back-in right in case of any successful exploration. If the GOK were to activate that right, I would imagine NOCK would be the beneficiary. 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:Oil Libya KE belongs to Libya (why not NOCK?) and Total has its owners, Outmere* So...back to KK If the rumour were true, it would be great - GOK showing some muscle, what with NOCK also prospecting for oil. Hio ni kazi nzuri sana ala Sonangol, Petrobras, Aramco, PDVSA na wengineo. Some (if not all) of the PSC's even afford the Government a back-in right in case of any successful exploration. If the GOK were to activate that right, I would imagine NOCK would be the beneficiary. Mosdef. NOCK in Upstream & through a proper refinery, have a expansive local & Pan-African/grobo* Downstream network. That's perfect.
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Is NOCK buying Kenol Kobil?
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