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Ebenyo
#21 Posted : Tuesday, May 02, 2017 11:28:43 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Gatheuzi wrote:
Ebenyo wrote:
kawi254 wrote:
Ebenyo wrote:

Good management led to the decrease of cost of sales from kshs 113,263,567,000 to 81,209,334,000-28%



Cost of sales reduction is a factor of reduced world oil prices and not Good Management...this managers taking credit for everything


@kawi 254,thanks for explanation.Those were my opinions as i analysed the results.I thought its management.
I also noted that the oil sector is heavily taxed.The company spent kshs 22 billion on taxes and duties.Can u comment something on this burdensome taxes.My hope is that things might improve when our own kenyan oil will hit the market.

In abscense of a refinery, Kenya will still export crude and import refined oil.


@Gatheuzi,you are right.The oil companies can still agree to finance the kenya oil refinery.This will reduce the taxes.
Towards the goal of financial freedom
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Ebenyo
#22 Posted : Tuesday, May 02, 2017 11:38:47 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
VituVingiSana wrote:
Volumes not Sales/Revenue is more important when analyzing a business selling fuel. The lower the price/liter for fuel is usually better for OMCs since they need to spend less to finance the inventories and shrinkage/theft. The gross margins are better since they are based on a fixed margin e.g. 7/-. And people buy more fuel when it is cheaper.


Financial results only indicates revenues and cash flow.i will try to get their annual report and see if volumes are outlined.
Towards the goal of financial freedom
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wukan
#23 Posted : Tuesday, May 02, 2017 1:01:52 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,595
wukan wrote:
VituVingiSana wrote:
wukan wrote:
The market cap is around Kshs 3.1B lower than the gross profit of 3.9B

Damn! this market

Don't be shallow like you-know-who but dig deeper. Let me know what you find and we can discuss it later.


I'm aware of the preference shares without which the valuation would be around 42-45/= but still the market is giving a discount whether you use fundamentals or technical analysis. I'm proud of my "A"Laughing out loudly Laughing out loudly Laughing out loudly


This was easy money a triple bottom had formed around the 16. Buying those three troughs resulted in a +37% upside.

Damn! this market
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wukan
#24 Posted : Monday, November 27, 2017 12:59:13 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,595
wukan wrote:
The market cap is around Kshs 3.1B lower than the gross profit of 3.9B

Damn! this market


The best trades are bought when few people agree with you.. and then sold to those same people.. when they all start to agree.
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mamilli
#25 Posted : Monday, November 27, 2017 1:10:52 PM
Rank: Member


Joined: 10/6/2015
Posts: 249
Location: Nairobi
wukan wrote:
wukan wrote:
VituVingiSana wrote:
wukan wrote:
The market cap is around Kshs 3.1B lower than the gross profit of 3.9B

Damn! this market

Don't be shallow like you-know-who but dig deeper. Let me know what you find and we can discuss it later.


I'm aware of the preference shares without which the valuation would be around 42-45/= but still the market is giving a discount whether you use fundamentals or technical analysis. I'm proud of my "A"Laughing out loudly Laughing out loudly Laughing out loudly


This was easy money a triple bottom had formed around the 16. Buying those three troughs resulted in a +37% upside.

Damn! this market


Hizo triple bottoms ukiziona TAFADHALI ziekelee hapa,pana kula nyama peke yakosmile
Never lose your position in a bull market,BTFD.
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