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The KenolKobil 2015 pendulum
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Realtreaty
#391 Posted : Thursday, February 25, 2016 7:37:47 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Impunity wrote:
h2s wrote:
Other promising news:


KenolKobil to be debt free in three months, CEO says



I HAVE BEEN DEBT FREE.

smile smile smile Applause Applause Applause
Halelluyaaaaahhhhhhhhhhhhhhhhhhhh!!!!!!!Pray Pray
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VituVingiSana
#392 Posted : Thursday, February 25, 2016 11:42:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
mlennyma wrote:
VituVingiSana wrote:
@Aguy - 30 may be ambitious BUT I will take it Applause Applause Applause

I see it as a (potential) takeover target in 2018 after the elections.
UG - Elections done
RW - 2017
BU - Elections done but...
Ethiopia - De Facto One Party state

If Ethiopia opens up a little by 2018 then that's additional value.
If KK can get paid by settlement or cash by KPC & KPRL. Icing.

any share gaining in a bear must have a silver lining in it,now surely this arbitration money is long overdue let abdinassir stop much talk and conclude it

KPC appealing it in our sloooooow [& corrupt] courts.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#393 Posted : Friday, February 26, 2016 12:33:10 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
sparkly wrote:
Aguytrying wrote:
VituVingiSana wrote:
10.25 has printed.
The 'revelation' that KK can pay off all its debt by June 2016 is very good news.

Projects to fund:
1) BP/Castrol plant 500mn
2) New Office Building: 1.5bn

KK has $28mn in debt [says Ohana]. Let's make a huge assumption it's $10mn [anyone with more info? The Annual Report doesn't have enough detail] came from sale of assets & inventories in TZ and DRC so net debt is $18mn.

So if KK can make $6mn cash per month (18/3) that's PBT [assuming cash = profits] of 600mn/month x 12 months = 7.2bn x 70% (tax) = 5bn ... Are talking of EPS KES 3/share in 2016?
*Note that the reduction is debt is also helped by the REDUCTION in the cost of inventory thanks to low(er) fuel prices not just profits*

Let me dial down my enthusiasm. Let's say KK makes just 2/- in 2016. Elections in 2017. Let's stick with 2/- for 2017. What would it be worth in 2018 as a Takeover Target?


The Shs2.8 billion debt could be after the sale of the TZ congo assets.... Whis would make the EPs calculations higher, so your probably right.

Lets stick with EPS of 2.0, remember i mentioned this EPS not too long ago.

at least 30.00 per share. The most profitable fuel marketer in kenya, debt free, attractive assets...


KK Euphoria is back! This share excites like a buibui & hijab covered girl flashing her knees Laughing out loudly I hope this time we, the long suffering KK shareholders will get to eat the fruit.


Laughing out loudly
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MaichBlack
#394 Posted : Friday, February 26, 2016 9:09:40 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,845
sparkly wrote:
mlennyma wrote:
VituVingiSana wrote:
@miennyma - No special dividend should be expected. As @Aguy hinted, I think the proceeds will be used to pay down debt. The TZ business was making losses or breaking even at best.

If KK borrows at 15% from banks, it can start saving a lot by paying down the debt used to purchase/maintain the TZ assets.

true i have just seen the thing


Tanzania is the graveyard of Kenyan companies. What's wrong with that country?


Xenophobia in general and fear and dislike of Kenyans specifically!!!

Kenyans are way too fast for them. So they have to be kept in check. Instead of increasing your speed, just hand the fast runner a sack of stones to run with!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack
#395 Posted : Friday, February 26, 2016 9:23:36 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,845
Impunity wrote:
Eti atia? Time for Obiero to hit back VVS?

d'oh!

@vvs responded in advance.

Even mama mboga knows that exiting a loss making market is actually a good thing!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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whiteowl
#396 Posted : Friday, February 26, 2016 9:26:04 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
MaichBlack wrote:
sparkly wrote:
mlennyma wrote:
VituVingiSana wrote:
@miennyma - No special dividend should be expected. As @Aguy hinted, I think the proceeds will be used to pay down debt. The TZ business was making losses or breaking even at best.

If KK borrows at 15% from banks, it can start saving a lot by paying down the debt used to purchase/maintain the TZ assets.

true i have just seen the thing


Tanzania is the graveyard of Kenyan companies. What's wrong with that country?


Xenophobia in general and fear and dislike of Kenyans specifically!!!

Kenyans are way too fast for them. So they have to be kept in check. Instead of increasing your speed, just hand the fast runner a sack of stones to run with!!!


And they will forever remain in the medieval times. They'll never agree to a joint EA trade zone.
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mlennyma
#397 Posted : Friday, February 26, 2016 9:51:07 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
10.50 prints the 52 week high,i expect it to hit 11bob to awaken the first bunch of profit takers,supply is drying fast.new high 10.70Pray
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Friday, February 26, 2016 9:55 AM | Reason: Not specified
DBLyon
#398 Posted : Friday, February 26, 2016 10:33:33 AM
Rank: Member

Joined: 5/28/2014
Posts: 149
Location: Nairobi
It's great to be on a bus that is moving...
When you live for others' opinions, you are dead.

- Carlos Slim Helu
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Aguytrying
#399 Posted : Friday, February 26, 2016 10:53:25 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Aguytrying wrote:
mlennyma wrote:
mlennyma wrote:
Realtreaty wrote:
he Pendulum, still in motion!!!!!! smile

buyers and sellers are in a cold war

buyers are giving in to the 10bob reality,Kk is worth 15bob atleast


Supply at 10.00 was being mopped up as it came. Im not the optimistic one but i see scope for 11.00 before results. Nevertheless im even surprised were at 10.00.

@enyands. You can safely wake up today the VWAP is 10.00


@mlennyma. This way a few days ago when 10 was looking an impossible barrier. We have similar investor eyes
The investor's chief problem - and even his worst enemy - is likely to be himself
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Spikes
#400 Posted : Friday, February 26, 2016 11:02:10 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Aguytrying wrote:
Aguytrying wrote:
mlennyma wrote:
mlennyma wrote:
Realtreaty wrote:
he Pendulum, still in motion!!!!!! smile

buyers and sellers are in a cold war

buyers are giving in to the 10bob reality,Kk is worth 15bob atleast


Supply at 10.00 was being mopped up as it came. Im not the optimistic one but i see scope for 11.00 before results. Nevertheless im even surprised were at 10.00.

@enyands. You can safely wake up today the VWAP is 10.00


@mlennyma. This way a few days ago when 10 was looking an impossible barrier. We have similar investor eyes


KK enthusiasts is your turn to eat! Applause
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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