Wazua
»
Investor
»
Stocks
»
KENOL-KOBIL 2014
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
What profit can Kenyan Oil marketers make with the current fall in crude oil prices? Had KK hedged on anything this time round or is it laughing all the way to the bank after realising hedging was fraud?
Birds of the same feather fly together and I am waiting to see KK inline with Total.
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
Realtreaty wrote:What profit can Kenyan Oil marketers make with the current fall in crude oil prices? Had KK hedged on anything this time round or is it laughing all the way to the bank after realising hedging was fraud?
Birds of the same feather fly together and I am waiting to see KK inline with Total. I was also thinking the same is the drop in crude oil good for Kenol or bad?If good definitely this is one counter guys should get into big time... possunt quia posse videntur
|
|
|
Rank: Member Joined: 2/16/2013 Posts: 123 Location: MSA
|
maka wrote:Realtreaty wrote:What profit can Kenyan Oil marketers make with the current fall in crude oil prices? Had KK hedged on anything this time round or is it laughing all the way to the bank after realising hedging was fraud?
Birds of the same feather fly together and I am waiting to see KK inline with Total. I was also thinking the same is the drop in crude oil good for Kenol or bad?If good definitely this is one counter guys should get into big time... I believe they stopped since their hedging partner also stopped that biashara, it cuts both sides you know(Zero Sum). Otherwise this year all, fuel companies are going to make super profits. Okay this how it works: Assuming today is Dec 14th when ERC sets the price. The price has variables (i.e Forex, CIF and premium) based on the months of October and November. However the products available and sold within the month of December will constitute November and December costs. There is the catch, when prices are falling (actually about Ksh5/Ltr per month in this case),the marketers have an expensive component (October Variables) in their prices which is not in the actual costs for cargo delivered in December. The assumption here is that the forces of demand and supply are consistent. And that's why I will bet more of my eggs with KK until the tied changes. Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
 Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
|
SittingPretty wrote:maka wrote:Realtreaty wrote:What profit can Kenyan Oil marketers make with the current fall in crude oil prices? Had KK hedged on anything this time round or is it laughing all the way to the bank after realising hedging was fraud?
Birds of the same feather fly together and I am waiting to see KK inline with Total. I was also thinking the same is the drop in crude oil good for Kenol or bad?If good definitely this is one counter guys should get into big time... I believe they stopped since their hedging partner also stopped that biashara, it cuts both sides you know(Zero Sum). Otherwise this year all, fuel companies are going to make super profits. Okay this how it works: Assuming today is Dec 14th when ERC sets the price. The price has variables (i.e Forex, CIF and premium) based on the months of October and November. However the products available and sold within the month of December will constitute November and December costs. There is the catch, when prices are falling (actually about Ksh5/Ltr per month in this case),the marketers have an expensive component (October Variables) in their prices which is not in the actual costs for cargo delivered in December. The assumption here is that the forces of demand and supply are consistent. And that's why I will bet more of my eggs with KK until the tied changes. That tide can change very fast. So KK has to be careful if the oil prices start rising. They do not want to be caught with pricey stocks. I believe KK plays just in time vs storing large amounts as it did previously. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
Atlas Logistics to list by introduction
Atlas Development & Support Services, a London-listed company, says it will list 393.9 million shares by way of introduction on the GEMS at the Nairobi Securities Exchange this month. It has priced the offer at Sh11.60 a piece, according to a listing statement dated November 14, valuing the company at about Sh4.57 billion. ADSS, formerly known as Africa Oilfields Logistics Ltd, is registered in Kenya as a foreign company and is listed on the London Stock Exchange’s Alternative Investments Market segment. ADSS owns Ardan Logistics Kenya Ltd, which was incorporated in the country in March.
Is this a clever way to enter the market and most likely partner/Merge with KK?
What has KK to say noting that Atlas is giving a Price of 11.60 for its stock?
Can they Negotiate for sh18-22?
|
|
|
Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
|
Realtreaty wrote:Atlas Logistics to list by introduction
Atlas Development & Support Services, a London-listed company, says it will list 393.9 million shares by way of introduction on the GEMS at the Nairobi Securities Exchange this month. It has priced the offer at Sh11.60 a piece, according to a listing statement dated November 14, valuing the company at about Sh4.57 billion. ADSS, formerly known as Africa Oilfields Logistics Ltd, is registered in Kenya as a foreign company and is listed on the London Stock Exchange’s Alternative Investments Market segment. ADSS owns Ardan Logistics Kenya Ltd, which was incorporated in the country in March.
Is this a clever way to enter the market and most likely partner/Merge with KK?
What has KK to say noting that Atlas is giving a Price of 11.60 for its stock?
Can they Negotiate for sh18-22? I think core business if kk and atlas are different, in what basis are you relating them? There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
littledove wrote:Realtreaty wrote:Atlas Logistics to list by introduction
Atlas Development & Support Services, a London-listed company, says it will list 393.9 million shares by way of introduction on the GEMS at the Nairobi Securities Exchange this month. It has priced the offer at Sh11.60 a piece, according to a listing statement dated November 14, valuing the company at about Sh4.57 billion. ADSS, formerly known as Africa Oilfields Logistics Ltd, is registered in Kenya as a foreign company and is listed on the London Stock Exchange’s Alternative Investments Market segment. ADSS owns Ardan Logistics Kenya Ltd, which was incorporated in the country in March.
Is this a clever way to enter the market and most likely partner/Merge with KK?
What has KK to say noting that Atlas is giving a Price of 11.60 for its stock?
Can they Negotiate for sh18-22? I think core business if kk and atlas are different, in what basis are you relating them?  Atlas Development & Support Services Limited acquires and/or invests in businesses which focus on the logistics support industry in respect of oil and gas exploration and other development projects in sub-Saharan Africa.
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
Who pivoted our Bird? It has been moving as a pendulum hinged at a point for so long.
But this keep us moving protecting our Bird-
"KenolKobil is the stock of choice for many investors on the NSE mainly because of the Company’s strong Management policies and leadership which has seen the Company grow from a little known enterprise to a multinational oil marketing company."
|
|
|
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
|
mwekez@ji wrote:MaichBlack wrote:Boris Boyka wrote:You have a habit of rallying Mon - Thur only to erode the gains on Fri. I hope from today. henceforth you start behaving well like your younger siblings who grow & develope steadily and only look back to pick those left behind. Yours parent/shareholder. Dear Parent, You have a habit of not recognizing opportunities!! You should be buying on Friday and selling between Monday and Thursday when I rally! All these years I have been trying to make you rich and you have been failing me all along! Yours, Disappointed child. ......... He he he. Just messing with you.  Nice one! one wazuan among these three is the pivot....mimi sijataja mtu. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
VituVingiSana wrote:SittingPretty wrote:maka wrote:Realtreaty wrote:What profit can Kenyan Oil marketers make with the current fall in crude oil prices? Had KK hedged on anything this time round or is it laughing all the way to the bank after realising hedging was fraud?
Birds of the same feather fly together and I am waiting to see KK inline with Total. I was also thinking the same is the drop in crude oil good for Kenol or bad?If good definitely this is one counter guys should get into big time... I believe they stopped since their hedging partner also stopped that biashara, it cuts both sides you know(Zero Sum). Otherwise this year all, fuel companies are going to make super profits. Okay this how it works: Assuming today is Dec 14th when ERC sets the price. The price has variables (i.e Forex, CIF and premium) based on the months of October and November. However the products available and sold within the month of December will constitute November and December costs. There is the catch, when prices are falling (actually about Ksh5/Ltr per month in this case),the marketers have an expensive component (October Variables) in their prices which is not in the actual costs for cargo delivered in December. The assumption here is that the forces of demand and supply are consistent. And that's why I will bet more of my eggs with KK until the tied changes. That tide can change very fast. So KK has to be careful if the oil prices start rising. They do not want to be caught with pricey stocks. I believe KK plays just in time vs storing large amounts as it did previously. With this in mind would you go all in? possunt quia posse videntur
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Could this be a monkey?a monkey attracts crowds just to look at it. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: New-farer Joined: 12/1/2009 Posts: 75 Location: nairobi
|
mlennyma wrote:Could this be a monkey?a monkey attracts crowds just to look at it. saw 8.35 print. thought it was a mistake!!
|
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
speculator wrote:mlennyma wrote:Could this be a monkey?a monkey attracts crowds just to look at it. saw 8.35 print. thought it was a mistake!! Eish... possunt quia posse videntur
|
|
|
Rank: New-farer Joined: 3/16/2014 Posts: 12 Location: Kisumu
|
maka wrote:speculator wrote:mlennyma wrote:Could this be a monkey?a monkey attracts crowds just to look at it. saw 8.35 print. thought it was a mistake!! Eish... Is it boarding time?
|
|
|
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
|
RearView wrote:maka wrote:speculator wrote:mlennyma wrote:Could this be a monkey?a monkey attracts crowds just to look at it. saw 8.35 print. thought it was a mistake!! Eish... Is it boarding time? Board my brother/sister, i can assure you of a 20% gain by mar/aprl though it could be higher than that. @mleny this isn't a monkey ingawa it is dawn in monkey skin. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
This oil thing is heading towards $50 which means brent oil will also slide towards 52-54 level.
The KK needs to breakdown tough resistance @10.00 handle to give the bulls the upperhand. This level keeps rejecting any bullish advances. A retest of 8/- is likely and if fails to rope in solid support, this thing will fall towards 6!? Critical support level is 8.00 handle where 100M shares (jumbo vol spike) traded back in Aug 2014 and forced the price to bounce. I'd be surprised if that support caves in...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
hisah wrote:
This oil thing is heading towards $50 which means brent oil will also slide towards 52-54 level.
The KK needs to breakdown tough resistance @10.00 handle to give the bulls the upperhand. This level keeps rejecting any bullish advances. A retest of 8/- is likely and if fails to rope in solid support, this thing will fall towards 6!? Critical support level is 8.00 handle where 100M shares (jumbo vol spike) traded back in Aug 2014 and forced the price to bounce. I'd be surprised if that support caves in... What advantage are manufacturers facing with the falling crude oil prices or are they always caught on the wrong side due to energy import quotas and agreements like say they already paid for the oils for First quarter 2015 at high price and cannot make new adjustments? Is America re-stocking thereby bring the prices down. The problem is they are the miners, sellers, buyers, manufacturers, mention any. For KK they hve to lick so many A**** before they can make any tangible investment from international controllers, govt, barons and systems in place and thieves.!!!!
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
Vivo Energy —the retailer of Shell-branded fuel products— has widened its market share gap on rival oil majors, including Total Kenya and KenolKobil.
The latest data by industry lobby group the Petroleum Institute of East Africa (PIEA) shows that Shell increased its market share to 20 per cent in the nine months to end of September, up from 16.9 per cent in a similar period last year.
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
At what margin? KK off 2014 numbers will clearly demonstrate oil distribution is first and foremost a margin game then volumes.
KK does business in 10 countries. Market share in Kenya not the only indicator of business performance.
|
|
|
Wazua
»
Investor
»
Stocks
»
KENOL-KOBIL 2014
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.
|