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Total Kenya HY15 PAT down 17%
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Impunity
#21 Posted : Thursday, October 29, 2015 10:46:43 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Times are hard for the oil counters, Bloomberg says the USD 100 per barrel will remain a distance mirage in the foreseeable future...they say oil may never rich 100 dollars per barrel until mid 2020s...time to decamp from oil counters?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Ericsson
#22 Posted : Thursday, October 29, 2015 1:10:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
We need to grow our companies as Africans instead of killing them.That way we will guarantee employment for ourselves.
National Oil should be supported to become a major player in the local industry.
Foreign companies owe allegiance to their people; worse if its French
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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shocks
#23 Posted : Thursday, October 29, 2015 2:17:29 PM
Rank: Member


Joined: 3/15/2009
Posts: 360
Impunity wrote:
Times are hard for the oil counters, Bloomberg says the USD 100 per barrel will remain a distance mirage in the foreseeable future...they say oil may never rich 100 dollars per barrel until mid 2020s...time to decamp from oil counters?

this companies just trade, low prices are good for them as they assure higher volumes
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VituVingiSana
#24 Posted : Thursday, October 29, 2015 5:46:08 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Ericsson wrote:
We need to grow our companies as Africans instead of killing them.That way we will guarantee employment for ourselves.
National Oil should be supported to become a major player in the local industry.
Foreign companies owe allegiance to their people; worse if its French

National Oil is helped along by taxpayer money. Support KenolKobil not NOCK. We do not need government in the business of business. These 'parastatals' end up costing us more than we save.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Pesa Nane
#25 Posted : Thursday, October 29, 2015 8:23:30 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Apologies if already covered elsewhere.


Pesa Nane plans to be shilingi when he grows up.
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Ericsson
#26 Posted : Friday, October 30, 2015 6:38:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@VituVingiSana
That was just an example we can add Kenol Kobil but hope the Segman family and group won't shop for a foreigner to acquire their stake.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#27 Posted : Friday, October 30, 2015 8:21:54 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Ericsson wrote:
@VituVingiSana
That was just an example we can add Kenol Kobil but hope the Segman family and group won't shop for a foreigner to acquire their stake.
I do NOT care who buys KK out as long as the buyer pays me top $. The other option is for NOCK to buy at KK at a price that will make me happy. Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#28 Posted : Friday, October 30, 2015 8:25:53 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Ericsson wrote:
We need to grow our companies as Africans instead of killing them.That way we will guarantee employment for ourselves.
National Oil should be supported to become a major player in the local industry.
Foreign companies owe allegiance to their people; worse if its French

National Oil is helped along by taxpayer money. Support KenolKobil not NOCK. We do not need government in the business of business. These 'parastatals' end up costing us more than we save.


How much more support does NOCK need? It already has many advantages over the other private players and still nothing to show for it, and we all know why. Refer to KQ, Mumias.
The investor's chief problem - and even his worst enemy - is likely to be himself
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VituVingiSana
#29 Posted : Friday, October 30, 2015 9:06:37 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Aguytrying wrote:
VituVingiSana wrote:
Ericsson wrote:
We need to grow our companies as Africans instead of killing them.That way we will guarantee employment for ourselves.
National Oil should be supported to become a major player in the local industry.
Foreign companies owe allegiance to their people; worse if its French

National Oil is helped along by taxpayer money. Support KenolKobil not NOCK. We do not need government in the business of business. These 'parastatals' end up costing us more than we save.


How much more support does NOCK need? It already has many advantages over the other private players and still nothing to show for it, and we all know why. Refer to KQ, Mumias.

NOCK gets (or used to) first crack at OTS imports. There was a 30% quota reserved for them. Of course, they screwed up.
http://www.nation.co.ke/...n/-/al38k3/-/index.html

http://www.businessdaily.../-/mow7ujz/-/index.html

http://www.businessdaily.../-/10mplma/-/index.html

http://www.businessdaily...-/13qiwl9z/-/index.html ... Even GoK/MoE was in a pickle over NOCK.

NOCK gets financing from GoK. Whereas the shareholders of KK [forget the unsavory Total Man] have to put up [expensive] capital, NOCK gets theirs from GoK.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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