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Total Kenya 1H13 turnaround to PAT of 461M
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mwekez@ji
#1 Posted : Tuesday, August 27, 2013 11:14:25 PM
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Joined: 5/31/2011
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muganda
#2 Posted : Wednesday, August 28, 2013 6:53:23 AM
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Joined: 9/15/2006
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37% is commendable growth in revenue. Not sure why Total operating costs went up though (unlike Kenol).

Kenol profit attributable to forex, now Total to financing costs.
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mwekez@ji
#3 Posted : Wednesday, August 28, 2013 10:33:06 AM
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mwekez@ji
#4 Posted : Wednesday, August 28, 2013 10:35:15 AM
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Company will do well at the end of the year. They have stolen low-margin-high-volume business from KK.
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guru267
#5 Posted : Wednesday, August 28, 2013 10:38:02 AM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
muganda wrote:
Kenol profit attributable to forex


@muganda kindly refer me to this forex you and others keep on talking about in KKs earnings??
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#6 Posted : Wednesday, August 28, 2013 10:52:16 AM
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MD, Alexis Vovk, has resigned. Ms Ada Eze takes over. ... Today's exit announcements zaongezeka. Started with Home Afrika, now this, who's next
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mkeiyd
#7 Posted : Wednesday, August 28, 2013 10:54:03 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
guru267 wrote:
muganda wrote:
Kenol profit attributable to forex


@muganda kindly refer me to this forex you and others keep on talking about in KKs earnings??


@guru, I believe this is the secong time you've put across the same question yet no one answers.

I think those who say profits are attributable to forex or costs containment just don't like oil stocks.

Factors that make a biz profitable are varied, if we start discounting each and every factor as @muganda is doing, what will we be left with?

It's like if Barca win through a Messi a goal,you say Barca ONLY won coz of Messi.
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Aguytrying
#8 Posted : Wednesday, August 28, 2013 10:58:33 AM
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Joined: 7/11/2010
Posts: 5,040
good performance, but who do the profits belong to?
The investor's chief problem - and even his worst enemy - is likely to be himself
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mwekez@ji
#9 Posted : Wednesday, August 28, 2013 11:28:36 AM
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Aguytrying wrote:
good performance, but who do the profits belong to?


Sad Sad ... 92.26% to Total Outre-Mer Sad ... 7.74% to us Sad
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mwekez@ji
#10 Posted : Wednesday, August 28, 2013 11:40:53 AM
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Joined: 5/31/2011
Posts: 5,121
mwekez@ji wrote:
Aguytrying wrote:
good performance, but who do the profits belong to?


Sad Sad ... 92.26% to Total Outre-Mer Sad ... 7.74% to us Sad


... On the other hand, they have provided funds (p.shares) for low-margin-high-volume business ... KK is struggling to get the funds
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