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KenolKobil & Total-Kenya Valuation and Recommendation
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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I like this KK inside view. Hidden trails just like oil majors. Time to start boarding is soon... http://www.businessdaily...56/-/kqub27/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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So would I; but the thrust of their positions always hedge against USD/KES depreciation, hence losing money should the contra happens. Best practice by CFOs has moved from playing forex badly, to just running core business well while covering near term obligations. Hope KK are fully aligned. guru267 wrote:muganda wrote:A little wary with the improving USD/KES exchange rate - today at 84.90; it always seems to catch KenolKobil, KQ, Total, a little flat footed.
I actually thought a strengthening USD/KES is good for oil importers??
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Definitely capturing my interest.
http://www.businessdaily...0/-/qphiln/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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a definite pattern of bad bad news, push share down. some top shareholders selling and the other resisting share drop below 8.00 and mopping up those share. I'm buying at 8.00 with the big boys. if a share is the worst perfoming in the bourse over a certain period then surely it will be the best perfoming in another, unless its a neveready, olympia monkey The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The equation is changing with heavy demand orders starting to surface above 8 "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 7/20/2012 Posts: 141
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Aguytrying wrote: a definite pattern of bad bad news, push share down. some top shareholders selling and the other resisting share drop below 8.00 and mopping up those share. I'm buying at 8.00 with the big boys. if a share is the worst perfoming in the bourse over a certain period then surely it will be the best perfoming in another, unless its a neveready, olympia monkey Unless the big boys plan a Dimension(AK) or a Futaim(CMC), by buying it lower than what they should have paid for last year. Maybe a Puma or a Tiger is on the prowl.
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Rank: Member Joined: 2/16/2013 Posts: 123 Location: MSA
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Aguytrying wrote: a definite pattern of bad bad news, push share down. some top shareholders selling and the other resisting share drop below 8.00 and mopping up those share. I'm buying at 8.00 with the big boys. if a share is the worst perfoming in the bourse over a certain period then surely it will be the best perfoming in another, unless its a neveready, olympia monkey @Hisah definitely the change in the news pattern for KK cannot go unnoticed. However I would wish to know whether there is any pattern, fundamental or technical.... that points towards a positive outlook on this stock. Because am yet to be convinced by the last results, noting that they were proceeds of asset sales! Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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SittingPretty wrote:... noting that they were proceeds of asset sales! How much were the proceeds of asset sales?
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Rank: Member Joined: 2/8/2007 Posts: 808
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Those results did not have asset sales in them. That is coming through in 2H13. Those were operating results.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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I thought their year ends 30september.are we waiting for final numbers? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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mlennyma wrote:I thought their year ends 30september.are we waiting for final numbers? Dec. It was changed while back. 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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mlennyma wrote:I thought their year ends 30september.are we waiting for final numbers? eish bana. end year is December 31st. @sitting pretty. no easy answers bana. speculating will hurt you, choose buy hold and wait for a long time. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Silenlty KK re claims 9.00 handle. Like a thief in the night no buzz created. Wait for 10.00 and people may sit up and notice. Now that we are confirmed of its direction, it wouldnt be bad to buy a few more, just coz theres time The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The game changes easily,and i may have timed this monkey right. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:The game changes easily,and i may have timed this monkey right. Haha @monkey. In the NSE every dog has its day, from the looks of things we are few in KK, ppl are so quiet. Im seeing 9.50 smashed by 3.00pm. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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Aguytrying wrote:mlennyma wrote:The game changes easily,and i may have timed this monkey right. Haha @monkey. In the NSE every dog has its day, from the looks of things we are few in KK, ppl are so quiet. Im seeing 9.50 smashed by 3.00pm. Aguy,9.50 could have easily been smashed today had not those 4 guys/splits put in a sell of 341,000 shares. Means sellers will increase at 9.50 and spoil the good demand-supply imbalance.Tough resistance at 9.50
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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We just need small positive news to cross 10 and segman knew how to create optimism,this new guy is so quiet..i miss segman "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Aguytrying wrote:mlennyma wrote:The game changes easily,and i may have timed this monkey right. Haha @monkey. In the NSE every dog has its day, from the looks of things we are few in KK, ppl are so quiet. Im seeing 9.50 smashed by 3.00pm. @Aguy, tuko. Waiting patiently for the gains. Expecting 50% gain in the medium term ;-)
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mlennyma wrote:We just need small positive news to cross 10 and segman knew how to create optimism,this new guy is so quiet..i miss segman We need some good news but we cant afford to miss segman. Cant afford another staggering 9b loss!!!
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Rank: Member Joined: 2/8/2007 Posts: 808
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This is definitely going up, I suspect the current seller is crawling up with the market.
I highly doubt the price will collapse. On fundamentals I wouldn't be surprised if KK pay a token dividend for this years results. My back of the envelope calculations tells me they will make about + 2B in PBT in 2013.
KPC suit coming up in November, fingers crossed KPC can pay up!
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