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Is NOCK buying Kenol Kobil?
Cde Monomotapa
#61 Posted : Thursday, May 16, 2013 3:58:29 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
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 smile

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.

And a (reverse?) listing on the NSE so we can partake of the vanity! YesS!! *Atwoli yesS!!*
youcan'tstopusnow
#62 Posted : Thursday, May 16, 2013 4:14:14 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
A dissenting voice here:
No Point in NOCK Buying
Kenol-Kobil

http://m.allafrica.com/stories/201305160487.html/
GOD BLESS YOUR LIFE
Aguytrying
#63 Posted : Thursday, May 16, 2013 4:17:32 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
@vvs. yes I meant total kenya
@bruv. I see we are passengers yet again. lets see how far this thing can go this time
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#64 Posted : Thursday, May 16, 2013 4:17:46 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
youcan'tstopusnow wrote:
A dissenting voice here:
No Point in NOCK Buying
Kenol-Kobil

http://m.allafrica.com/stories/201305160487.html/
If NOCK wants to pay 25/- per share of KK... then PLEASE let NOCK do so!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#65 Posted : Thursday, May 16, 2013 4:20:52 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
A dissenting voice here:
No Point in NOCK Buying
Kenol-Kobil

http://m.allafrica.com/stories/201305160487.html/

Laughing out loudly Laughing out loudly patia hii 10K shares story ilale. However, in the dissent more info has been divulged on how it can actually be NOCK! Sema mali ya umma! YesS!!
VituVingiSana
#66 Posted : Thursday, May 16, 2013 5:06:12 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
A dissenting voice here:
No Point in NOCK Buying
Kenol-Kobil

http://m.allafrica.com/stories/201305160487.html/

Laughing out loudly Laughing out loudly patia hii 10K shares story ilale. However, in the dissent more info has been divulged on how it can actually be NOCK! Sema mali ya umma! YesS!!
YesS!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#67 Posted : Friday, May 17, 2013 9:48:32 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Also today it has reched the 10 percent limit!
theking
#68 Posted : Friday, May 17, 2013 10:25:02 AM
Rank: Member


Joined: 1/25/2010
Posts: 344
serious supply has started checking in. hope it'll exhausted by EOD to keep the rally going
Kausha
#69 Posted : Friday, May 17, 2013 10:44:16 AM
Rank: Member


Joined: 2/8/2007
Posts: 808
I hate to eat my own words but there is some strength on NOCK bidding for Kenol from what I am picking! Let's not forget they could easily do a share swap and cash deal followed by reverse lisiting of NOCK allowing the national oil company to be listed on the securities exchange! Think about KPLC. All you need is pay cash and issue NOCK shares to KK large shareholders to allow GoK be majority holder of the combined entity. You then have the national oil company listed on the exchange well ahead of oil politics kick off! Lets remind ourselves who the 'real owners' of KK are and bear in mind they are in power!
VituVingiSana
#70 Posted : Friday, May 17, 2013 11:34:07 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Kausha wrote:
I hate to eat my own words but there is some strength on NOCK bidding for Kenol from what I am picking! Let's not forget they could easily do a share swap and cash deal followed by reverse lisiting of NOCK allowing the national oil company to be listed on the securities exchange! Think about KPLC. All you need is pay cash and issue NOCK shares to KK large shareholders to allow GoK be majority holder of the combined entity. You then have the national oil company listed on the exchange well ahead of oil politics kick off! Lets remind ourselves who the 'real owners' of KK are and bear in mind they are in power!
Why would biwott's family want shares in NOCK with little control vs KK with control?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Kausha
#71 Posted : Friday, May 17, 2013 2:00:30 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
@VVS lets just throw away the box, NOCK is the national oil company. Already NOCK owns prospecting blocks. Nothing stops NOCK from tagging along Upstream companies into commercial blocks once Tullow is done with its work. If Kenya has oil NOCK will be a different parastatal from what you see now!
mlennyma
#72 Posted : Friday, May 17, 2013 2:19:33 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Speculators get out,the party is over.If kk was to be bought at 15bob which for now is a dream and will die when no more light comesup.why wait for the lengthy process with all the cases?
"Don't let the fear of losing be greater than the excitement of winning."
Kausha
#73 Posted : Friday, May 17, 2013 3:50:13 PM
Rank: Member


Joined: 2/8/2007
Posts: 808
may be wait when half year results are announced and the company is +1.5B PAT then may be you will understand what people are buying.
VituVingiSana
#74 Posted : Friday, May 17, 2013 5:10:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Kausha wrote:
may be wait when half year results are announced and the company is +1.5B PAT then may be you will understand what people are buying.
Looking closely at the Annual Report & I think it has already made 1.5bn in PBT for 2013. Then add the positive comments about 1Q 2013. As long as they don't have additional forwards, then the strong KES & lower interest rates will help.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Realtreaty
#75 Posted : Friday, May 17, 2013 8:41:58 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
If NOCK takes KK, the 20% tax is out of the negotiation. There must be more oil and gas in kenya than information disseminated by oil, gas companies with the government. This was to prevent rush and expectations. But since Oil and gas are national resources and the cake must be shared, then Nock can take the mantle to be the sole distributor around the country at same prices.
Realtreaty
#76 Posted : Saturday, May 18, 2013 5:24:53 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Yes Speculators are business people ready to take risks to earn . Stock trading is not charity where you always gain for doing very little or nothing. In stock market you go for a hunt and there are thorns, ups and downs, huge rocks, etc. I remember some years bck KQ was trading @ 2.60 Kshs but climbed to 160 Kshs before splitting. Even Eveready will one day rise to 50 Kshs. Time is everything. Sameer Africa was in the old good days doing the range of 21-40 Kshs before the China colonised African businesses with fakes and cheaps and the depression that followed in 2004!
VituVingiSana
#77 Posted : Saturday, May 18, 2013 6:33:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
Realtreaty wrote:
I remember some years bck KQ was trading @ 2.60 Kshs but climbed to 160 Kshs before splitting.
Is there another firm that (popularly) goes by KQ? Perhaps Kenya Quarries? Kenya Quantum? Kenya Queens?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jerry
#78 Posted : Sunday, May 19, 2013 11:18:29 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
VituVingiSana wrote:
Realtreaty wrote:
I remember some years bck KQ was trading @ 2.60 Kshs but climbed to 160 Kshs before splitting.
Is there another firm that (popularly) goes by KQ? Perhaps Kenya Quarries? Kenya Quantum? Kenya Queens?

Let's start from basics @Realtreaty. Which year did RealKQ do it's IPO and what was the offer price per share? Who was the CEO?
The opposite of courage is not cowardice, it's conformity.
youcan'tstopusnow
#79 Posted : Sunday, May 19, 2013 11:47:24 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
Realtreaty wrote:
I remember some years bck KQ was trading @ 2.60 Kshs but climbed to 160 Kshs before splitting.
Is there another firm that (popularly) goes by KQ? Perhaps Kenya Quarries? Kenya Quantum? Kenya Queens?

Not that I know ofLaughing out loudly
GOD BLESS YOUR LIFE
Cde Monomotapa
#80 Posted : Sunday, May 19, 2013 12:33:25 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
VituVingiSana wrote:
Realtreaty wrote:
I remember some years bck KQ was trading @ 2.60 Kshs but climbed to 160 Kshs before splitting.
Is there another firm that (popularly) goes by KQ? Perhaps Kenya Quarries? Kenya Quantum? Kenya Queens?

Not that I know ofLaughing out loudly

Laughing out loudly Laughing out loudly
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