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cnn		#321 Posted : Friday, July 16, 2010 10:27:12 AM
Rank: Veteran Joined: 6/17/2009 Posts: 1,622		KK should demand an apology from these idiots.And how do NMG they allow such irresponsible reporting ,just to sell their paper?
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the deal		#322 Posted : Friday, July 16, 2010 11:27:01 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		i have seen the so called 'REJOINDER' from KenolKobil i must say it lacks substance and only gulliable investors believe such kind of press releases...NMG is right..KenolKobil must face reality...pay up...
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VituVingiSana		#323 Posted : Friday, July 16, 2010 12:04:19 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		the deal wrote: i have seen the so called 'REJOINDER' from KenolKobil i must say it lacks substance and only gulliable investors believe such kind of press releases...NMG is right..KenolKobil must face reality...pay up... Which press release 'lacks substance'? [Did u read the same ones I did?] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mv_ufanisi		#324 Posted : Friday, July 16, 2010 1:58:33 PM
Rank: Member Joined: 1/15/2010 Posts: 625		As per KenolKobil release today, the processing agreement with KPRL stands. KPRL has not terminated the processing agreement. The dispute will now be heard by an arbitrator under English Law. I hope this ends well and stops negative speculation. Half year results on July 29th A Luta Continua.
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the deal		#325 Posted : Friday, July 16, 2010 11:04:23 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		woooi its SELL SELL SELL here..KPRL wont be processing any crude oil for KenolKobil...KenolKobil might even loose its licence according to KTN's Larry Madowo...@VVS whats your REJOINDER??? LOL....
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VituVingiSana		#326 Posted : Saturday, July 17, 2010 12:00:33 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		the deal wrote: woooi its SELL SELL SELL here..KPRL wont be processing any crude oil for KenolKobil...KenolKobil might even loose its licence according to KTN's Larry Madowo...@VVS whats your REJOINDER??? LOL.... I hope KK falls below 10/- on Monday coz I wanna BUY, BUY, BUY... Lose the license? Nope coz Larry is smoking pot! Dont forget that KK can still buy fuel from/thru others as long as 50% (70% has been dropped coz KPRL is inefficient + cant meet demand) is processed by KPRL... At below 10/-, I have an order to BUY... Real & in Wazua! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mv_ufanisi		#327 Posted : Saturday, July 17, 2010 2:18:37 PM
Rank: Member Joined: 1/15/2010 Posts: 625		mv_ufanisi wrote: As per KenolKobil release today, the processing agreement with KPRL stands. KPRL has not terminated the processing agreement. The dispute will now be heard by an arbitrator under English Law. I hope this ends well and stops negative speculation. Half year results on July 29th A Luta Continua. KPRL's rejoinder is that they are no longer processing for KenolKobil. And they are holding more than 4 billion worth of oil owned by KenolKobil. It's a tough situation here for KenolKobil. KPRL don't want to go for the arbitration so enforcement is almost impossible. Worst case scenario is that KK pays the 400million being demanded by KPRL to continue operations.
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VituVingiSana		#328 Posted : Saturday, July 17, 2010 2:23:39 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		@mv_ufanisi - KK will have to pay the 450mn but question is whether KPRL will accept the cash without a full settlement to start re-processing. If GoK [shareholder in KPRL thus conflict of interest] allows for KK to import refined product then KK will be fine. As for the products held by KPRL, KK shud go to order release of all except 450mn worth. A Bond or cash deposit with Court can cover the 'loss' if KK loses. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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the deal		#329 Posted : Saturday, July 17, 2010 3:31:11 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		DONT TELL ME I NEVER WARNED WAZUARIANS STAY AWAY FROM KK IN ADVANCE...I'M NOT A LAWYER BUT COMMON SENSE TOLD ME 2 MONTH AGO THAT KK IS IN A MESS...LETS SEE HOW THE MARKETS REACT ON MONDAY...
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qw25041985		#330 Posted : Saturday, July 17, 2010 3:46:00 PM
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai		@the deal. Even if u write in bold,capital letters with font size 10,000. And scream SELL.I amnt blinking an eye . This ar just one of jitter that any sound business has to go through. I believe any intelligent investor shld be buyin into the fear. Take the example of Toyota, Japan. It had a massive recall that put it in a bad light but latter came around and postd huge profits . Your fears though understood are alittle exageratd ! Your future depends on your dreams so go to sleep !
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murenj		#331 Posted : Saturday, July 17, 2010 5:57:59 PM
Rank: Member Joined: 7/22/2008 Posts: 851 Location: nairobi		after reading "the inteligent investor" and "value investing" well, i will sit through this one tight and buy more
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the deal		#332 Posted : Saturday, July 17, 2010 7:30:43 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		murenj wrote: after reading "the inteligent investor" and "value investing" well, i will sit through this one tight and buy more Warren Buffet will never invest in companies facing lawsuits that could potentially cripple the companies operations...
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qw25041985		#333 Posted : Sunday, July 18, 2010 12:41:10 AM
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai		. @the deal. U never sieze to amaize. This lawsuite cnt cripple this co. And 4 ur information warren buffet is heavily investd in Goldman Sachs ,and now look at the lawsuites plaugin the company. Shld he sell his stake at a loss. Emulate ur model. Your future depends on your dreams so go to sleep !
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the deal		#334 Posted : Sunday, July 18, 2010 1:46:11 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		qw25041985 wrote: . @the deal. U never sieze to amaize. This lawsuite cnt cripple this co. And 4 ur information warren buffet is heavily investd in Goldman Sachs ,and now look at the lawsuites plaugin the company. Shld he sell his stake at a loss. Emulate ur model. @qw i'm sorry to say this:U STILL HAVE A LONG WAY TO GO IN THIS BUSINESS...Goldman sachs was fined $550M...Goldman Sachs makes twice than that in a month...do u mind telling me how does a fine interfere with Goldmans operations??? with KK its a different ball game...imagne if the CCK told Safcom that they should stop selling airtym if they dont pay certain fees....would u be interested in Safcom my broda?
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qw25041985		#335 Posted : Sunday, July 18, 2010 2:24:57 AM
Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai		What news ar u listening to ?? Please dnt tell me u listen to k24 and call it a day !!!! After the SEC fild a case aganist them then everybody came forth w/ his or her version of how they had been defrauded. And this co. Is in real problems. Google this story. Your future depends on your dreams so go to sleep !
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VituVingiSana		#336 Posted : Sunday, July 18, 2010 3:33:41 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		the deal wrote: murenj wrote: after reading "the inteligent investor" and "value investing" well, i will sit through this one tight and buy more Warren Buffet will never invest in companies facing lawsuits that could potentially cripple the companies operations... Nonsense... It is a risk you calculate... Please read what he writes not what others write of him... Do some research... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#337 Posted : Sunday, July 18, 2010 3:37:26 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		450mn is what KK can make in profits in 3 months... Maybe even 2 months... I am buying KK if it falls below 10/-... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mBiaLoss		#338 Posted : Sunday, July 18, 2010 9:30:06 AM
Rank: New-farer Joined: 6/23/2010 Posts: 52 Location: Majuu		qw25041985 wrote: . @the deal. U never sieze to amaize. This lawsuite cnt cripple this co. And 4 ur information warren buffet is heavily investd in Goldman Sachs ,and now look at the lawsuites plaugin the company. Shld he sell his stake at a loss. Emulate ur model. Buffet is a genius, I really admire the dude...He loaned Goldman Sachs $5b at an interest rate of 10% meaning the due gets 500m per year...Then negotiated the opportunity to buy GS stock worth 5b at $110 per share. The following day GS was selling at $130, making the dude 900m in one day... After GS was sued it lost 20% value, Buffet lost 20% but the price dropped to only 135/- meaning buffet still had his 1b profit intact....Now GS settled the case and paid 550m fine...stock shot up to 150/- winner buffet....remember he has not paid a penny on the rights...clever dude As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
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cnn		#339 Posted : Sunday, July 18, 2010 10:28:27 AM
Rank: Veteran Joined: 6/17/2009 Posts: 1,622		KK addresses a press conference tomorrow at 2.30pm.I am very interested.
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Gordon Gekko		#340 Posted : Sunday, July 18, 2010 11:30:12 AM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		The press conference will be on when the markets are open. That's against the rules, unless the content will have no potential price effect.
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