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The KenolKobil 2015 pendulum
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! 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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VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Spikes wrote:mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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VituVingiSana wrote:Spikes wrote:mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges. Thanks I would consider joining this counter before profit announcement. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Spikes wrote:VituVingiSana wrote:Spikes wrote:mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges. Thanks I would consider joining this counter before profit announcement. If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Aguytrying wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges. Thanks I would consider joining this counter before profit announcement. If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack. You have overlooked the fact that material announcement converts BEARS into BULLS for a particular counter. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Spikes wrote:Aguytrying wrote:Spikes wrote:VituVingiSana wrote:Spikes wrote:mlennyma wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:mlennyma wrote:Is it not hypocrisy for any govt officer to wonder why kenyan fuel prices didn't fall as widely expected when the same govt introduced new taxes on diesel,there is alot of noise which might cause a review of the formula or scrapping it altogether. Without the formula I think the price per litre can only be higher, I don't see govt reducing its taxes. But omc will happily increase distribution costs and margins. Inflation. Salaries and rents have increased. As have the prices of many imported (& local) goods. Transport requires trucks (imported), spares (imported) and maintenance - lubes, tyres,etc (imported). Plus I have waited for many years for a payday! Amen to that. I was just thinking, if a company was bought out during a bear, that would be so sweet. Then you scoop up deals with the loot Of course, the price offered might not be as much as during a bull market BUT if the price is fair e.g. 15 ... I would look at adding Unga at 35, KenRe at 21, I&M at 99, etc we are not selling a fully recovered company the time for selling is behind us so may this selling story disappear Are you expectant of material announcement? I can see you reverberating a rally in a bear market. When is good news likely to trickle in? Tell me please,I want to dive in wholly. Lower working capital debt [thanks to lower cost/liter], higher volumes [increase in vehicles] and no more underwater hedges. Thanks I would consider joining this counter before profit announcement. If u are planning to buy and sell at a profit immediately, you might be in for a shock. THIS IS A BEAR MARKET. It's like looking for a needle in a haystack. You have overlooked the fact that material announcement converts BEARS into BULLS for a particular counter. I haven't overlooked. You have symptoms of getting burnt that's why I keep warning you. Anything you buy this year, be ready to hold for 3 years. Speculating in a bear market is suicidal, chances of success are very low. The investor's chief problem - and even his worst enemy - is likely to be himself
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