Well... I am sure some of the VAT is 'low risk' especially when the product is sold to:

IPPs - Not sure who/what but Total has this contract
KQ & other airlines - Under certain conditions
UNEP/UN - They enjoy life!
Embassies/Foreign Missions - Many get duty/tax-free breaks
Exempt entities - Some NGOs, etc get 'duty-free' breaks

Don't forget the EXPORT market where it is clear cut that KK exports to its subsidiaries OR to specific entities e.g. exports to UN in Sudan

The 'madharao' factor remains... lakini KK was honored as a significant taxpayer in 2008 by KRA...

There was a huge overhang of shares from a foreign seller at 9.90 & now it has cleared up... This is one of my favorite firms...

I got in at 90-100 before the split... and so I am hoping for a 20-30% rise when 1H 2010 results are released. The CEO was very optimistic about the performance of the firm...

KENOLKOBIL recommendation : BUY . BUY.

Dear qw: Please give us dates + prices you want folks to get in at. The exit (expected) prices + dates.

I am on this bus till december. But if i realise 30/100 I will allight and board a KQ flight

I see KQ startin to factor in the first half profits around August 2010 when they release their passangers numbers. I am also eager to keen to know their estimated eps for first half.

Like , 100k

@ 10.60 This thing is moving!!!!

too early to call...supply can catch up with demand anytime....

Jes got an email from my broker, in it was an attachment from KK(fwded by NSE to brokers) about their projected earnings for 1H 2010 being "much higher" and that results will be released on 29july2010. Perhaps this is what al the fuss is about??