Rank: Elder Joined: 8/16/2011 Posts: 2,387
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mlennyma wrote:Spikes wrote:Aguytrying wrote:mlennyma wrote:VituVingiSana wrote:mlennyma wrote:VituVingiSana wrote:mlennyma wrote:Profit taking kicks in. I hope it goes back to sub-10. And even 8/-. now you talk like someone who has sold part of his shamba. @Othello @miennyama - I am a BUYER of KK. I am very positive on KK for reasons I have articulated many times. Management. Low(er) oil prices. Lower debt. New LPG plant. New lubricant plant/investment. Sale of lousy businesses in TZ. Reduction of low-margin business. Debt - The recent interview Ohana gave re: repayment of debt in 3 months was the inflection point. The savings and 'strength' from being debt-free are huge when going into an election year. Kestrel estimated over 1/- EPS for FY 2015 but I am more excited by 2016. Ohana - Like Segman he has started pushing info out there. Is there a groom waiting in the wings? In the space of 2 weeks: TZ sale announcement, Debt reduction, LPG plant. And then in 2 weeks FY 2015 plus an indication of the "Future Outlook" The AGM is usually 6-10 weeks later when we will be told more about 1Q 2016. 1H 2016 should be out in Aug/Sep. I think there will be a rally upon realization that the profit growth/increase is real. Consummation of a sale of KK: Post-election 2018. *Of course, things could go wrong. Burundi could explode. Kenya could see PEV2018. Oil prices could jump back to $80. Taxes increased. Etc* issued shares 1.47b meaning the profit needs to be above this to get above 1bob eps which is very possible Agreed eps of 1 very achievable, I'm even thinking 1.2- 1.3 You will be astonished by a report less than market expectations. That is when I'll trail in at 8.00 kes per share. Stay tuned! you are missing the point, going back to 8 doesn't take away the positive steps the company has taken towards profitability  Some of us are very old here and still seeing things like newcomers. We know how market reacts. When price is good some will tend to sell quickly to make a kill for speculative uncertainities, others tend to buy as they deem quality is good at that current price, the supply may be higher than demand hence the reason climbing price stalls for few days until the supply is wiped out.The demand still there with helddown supply making a similar spike in price. This pushes the price higher than earlier. There comes a time when romourmill goes round that results are good and no more selling but buying and a marathon start to harvest dividends . 
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