Wazua
»
Investor
»
Stocks
»
Kenol Kobil deal off!
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
|
The reasons for the downgrade are quite interesting.When valuing a company do you value a company as it is or what you anticipate would happen ...... am just wondering, did the PUMA deal really mean this much to KK. I thought KK was in good shape when they were looking for suitors although we might argue that the books then were cooked and PUMA saw through the farce. '......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: Chief Joined: 1/13/2011 Posts: 5,964
|
Aguytrying wrote:selah wrote:dunkang wrote:Every morning, all newspapers KeKe! Kwani KeKe ni ya mama zenyu!   “The company’s problems are seen to be much bigger than anticipated. Investors who had been willing to hold onto the share initially are now losing their will to hang on, following the series of bad reports on the counter,” said Suntra Investment Bank’s head of research Johnson Nderi. "everyday there's a bad story, beating the the emotional limits of even the staunchest shareholders. the news has truths but effects of some can't be quantified yet. its like a sell button being pressed everyday" said Aguy, Wazua.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Rich Today wrote: I think The Turnaround Point for KK might be further out and might take longer when in play than Investors** might be allowing.
**read wanjiku. ... today the counter saw a +3.1% rebound on a low volume of 81,400 shares in 22 deals. should the big boys check in with their high volume sales, the share will tank big time to sub 8. ... that said, high risk speculation could yield good very short term gains as the counter rebound
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
It will be back to 9-10 range soon but i dont consider buying for a 2bob gain.we need very big news to take it to 12 bob which to me can be reasonable kill. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
When you are dating a woman you see her very good because she comes wearing her musk and you assume she is the best. Once you marry her she washes out the musk infront of you and you run away that she was not the actual lady of your house. As simple as that!  selah wrote:The reasons for the downgrade are quite interesting.When valuing a company do you value a company as it is or what you anticipate would happen ...... am just wondering, did the PUMA deal really mean this much to KK.
I thought KK was in good shape when they were looking for suitors although we might argue that the books then were cooked and PUMA saw through the farce.
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
mwekez@ji wrote:Rich Today wrote: I think The Turnaround Point for KK might be further out and might take longer when in play than Investors** might be allowing.
**read wanjiku. ... today the counter saw a +3.1% rebound on a low volume of 81,400 shares in 22 deals. should the big boys check in with their high volume sales, the share will tank big time to sub 8. ... that said, high risk speculation could yield good very short term gains as the counter rebound @mwekez@ji you forgot to add a cautionary statement here. Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Pesa Nane wrote:mwekez@ji wrote:Rich Today wrote: I think The Turnaround Point for KK might be further out and might take longer when in play than Investors** might be allowing.
**read wanjiku. ... today the counter saw a +3.1% rebound on a low volume of 81,400 shares in 22 deals. should the big boys check in with their high volume sales, the share will tank big time to sub 8. ... that said, high risk speculation could yield good very short term gains as the counter rebound @mwekez@ji you forgot to add a cautionary statement here. tx 4doin it 4mi
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
mlennyma wrote:It will be back to 9-10 range soon but i dont consider buying for a 2bob gain.we need very big news to take it to 12 bob which to me can be reasonable kill. 2 bob is a good 25% very short term gain (probably in a few days) to 12bob its a whopping 50% very short term gain (who knows of HY13 results) *he he*
|
|
|
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
|
Alot of bad news has been factored into the share price...I believe KK is not KQ...despite both businesses being volatile...once the stock hits a stride...it will be up up up...the heavy dumping at this current low prices will do justice to the stock in the near term...KK will be profitable in 2013....when it rains it pours...but the storm is over now....on that note I'm going in....I see value where others are seeing fire.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
the deal wrote:KK will be profitable in 2013....when it rains it pours...but the storm is over now....on that note I'm going in....I see value where others are seeing fire.  Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Optimism in reporting season may carry everything up. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Member Joined: 4/15/2008 Posts: 206
|
Firms that might follow Access Kenya out of the NSE 1. KK 2. MSc 3. KQ NB/= Not based on any facts, save for the trends that look alike. Do it today! Tomorrow is promise to no-one.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
State steps in to solve KenolKobil - KPRL row The minister has said that the government cannot allow such a major investor like KenolKobil to collapse since it will dent the image of the country. The company has also employed many Kenyans, Energy and Petroleum cabinet secretary Davis Chirchir noted. He said a solution must be found in the next one or two weeks. http://www.the-star.co.ke/news/...olve-kenolkobil-kprl-row
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Cde Monomotapa wrote:What happens in Naxvegas, stays in Naxvegas??
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
mufasa wrote:Firms that might follow Access Kenya out of the NSE
1. KK
2. MSc
3. KQ
NB/= Not based on any facts, save for the trends that look alike.  Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere!
|
|
|
Rank: Member Joined: 4/15/2008 Posts: 206
|
Realtreaty wrote: Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere! At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain. MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding. Do it today! Tomorrow is promise to no-one.
|
|
|
Rank: Elder Joined: 9/12/2006 Posts: 1,554
|
mufasa wrote:Realtreaty wrote: Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere! At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain. MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding. Can't recall Puma wanting to buy access Kenya..... Ak is suspended from trading awaiting a better offer than 14 or Dimension data takes it at that price, after EGM in August.
|
|
|
Rank: New-farer Joined: 3/3/2010 Posts: 79
|
KenolKobil now selling assets! This is not good at all. Kisumu depot is one of their important depots for that region. http://www.theeastafrica.../0/-/287gw7/-/index.htmlKnowledge is contagious...Infect truth!
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
mufasa wrote:Realtreaty wrote: Why do you think so? Firms do not stay on NSE just because their shares are above 100 Kes. Access are not moving out because of poor price but because the owners wanbt to sell it and move elsewhere! At one point Puma energy wanted to buy off access Kenya. well, its currently trading at a bargain.  MSc and KQ are BIG co.'s and have very attractive prices right now for a lucrative buyer who wants majority shareholding. You need to do some more research @mufasa. "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: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
|
Kausha wrote:For those who were at the kenol CP forum yesterday, you got an assurance from the Group CEO - Ohana that they will be profitable this year certainly.
On the article, it appears it's the work of the enemies. The OTS matters is before the ERC and will be resolved very shortly.
Although my selfish reason would be for the OTS matter not to be resolved. It just allows Kenol to import their fuel efficiently and bypass the KPC ullage and KPRL, saving the extra chums spent at KPRL for no value add. Bingo! In a weird sense, KK may make more per liter as is does NOT pick up the pricier KPRL fuel! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Wazua
»
Investor
»
Stocks
»
Kenol Kobil deal off!
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.
|